Santander Bank, which was formerly Sovereign Bank but changed its name in October of 2013, offers many features online, including online bill paying, funds transfers between accounts, and access to information on the withdrawals and deposits made to the account. Santander Bank also has a mobile app.
The Santander Bank mobile app for Android and iPhone devices allows users to access the same features while on the go. This app provides reminders of when bills are due, as well as up-to-date access to the activity for all accounts. Scanning and depositing checks right from the mobile device or smartphone is also an available feature. The mobile app also guarantees that if someone commits mobile banking fraud with a customer's information, the bank covers any money that the customer loses. Santander ensures that any information input into the app is encrypted and is not saved to any mobile device.
Santander Bank is based in Boston, Massachusetts and offers a variety of products and services, including checking accounts, savings accounts and student banking. It also offers loans, lines of credit and insurance through Liberty Mutual and New York Life. Santander Bank provides both fixed-rate and adjustable-rate mortgages to home buyers as well.