OCC Terminates Santander Bank Consent Order

Santander Bank confirmed that the Office of the Comptroller of the Currency (OCC) has terminated a consent order dating back to 2015 related to SBNA’s billing practices with regard to a legacy identity theft protection product known as “Sovereign Identity Protector.”

Santander Names Powell President and CEO of Consumer USA Holdings

Santander Consumer USA Holdings named Scott Powell to succeed Jason Kulas as president and CEO, effective immediately.