Santander Bank
Locations in Boston:
What We Love...
Multiple locations in Boston.
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What We Don't...
Savings account requires depositors also have a checking account to waive monthly fee.
CDs can only be opened at a local branch. This means you have to physically go to the bank.
As of September 2024, CD rates are no longer available online. Depositors must visit an in-person branch.
Santander has a new high-yield savings account under their subsidiary OpenBank, but as of October 2024, it is not available to Boston residents.
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Rates
Below are the rates we think you should know:
CD | Savings | Checking |
|---|---|---|
3.75% | 0.01% |
Rates can change at any time. Please check with each institution for current details. Last Updated: January 31, 2026
Cash Bonus?
Abandonment Fee?
Research Fee?
Summary
Known as an east coast bank, Santander's rates are location-specific. They have millions of customers globally and over $1 billion in assets.
History
Santander started in Wyomissing, Pennsylvania in 1902. Their goal was to help locals save. Originally called New Home Federal Savings and Loan Association, Santander changed their name multiple times and acquired other institutions over the past 100 years. Today, Santander is one of the largest financial institutions in the US with locations in the Northeast and Miami, Florida.