Santander Bank Expands in Boston
The bank has made a $50,000 donation to local homeless charity as part of the office move
- Written by Banking Exchange staff
Santander has opened a new branch in downtown Boston as it continues to add to its branch network.
The new location is a “hybrid” of Santander’s traditional bank model and its Work Café, it said in a statement. The café acts as a hub for the community and local businesses to “nurture new ideas and foster collaboration”.
“We have been investing in our branch network, and this iconic location in Boston’s Back Bay neighborhood features Santander’s innovative design that encourages engaging, consultative client interactions along with a relaxed environment where clients can meet with bankers and other members of the community,” said Mike Bruno, Santander Bank’s regional president for New England North.
According to the bank, in order to deepen engagement with the community, the new location features conference rooms for public use and an event space.
As part of the opening, Santander has partnered with homeless charity St Francis House, which is located on the same street as the new branch. It has committed $50,000 to help employment-ready homeless adults learn about career options and increase job skillsets.
“Santander is committed to supporting our local communities,” Bruno said. “Our ongoing support of St Francis House aligns with Santander’s values and our dedication to making a difference in the neighborhoods where we live and work.”
In November last year, the bank made a similar pledge when it opened its branch in King of Prussia, Pennsylvania.
At the time of the opening, the bank presented a $10,000 donation to Habitat for Humanity to develop financial education seminars, construct homes, and develop additional home repair projects.
It also made a $38,000 donation to Junior Achievement of Southeastern PA, a financial literacy nonprofit.
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