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Sovereign Bank, N.A., a wholly owned subsidiary of Banco Santander, S.A., through its Santander Universities division opened a new branch of its bank on Monmouth University’s campus on May 31 with a ribbon cutting ceremony.

Automated Teller Machine (ATM) services are now available to the community in the Stafford Student Center. In addition, an ATM will open in the Multipurpose Activity Center (MAC).

During the ceremony, Santander US Country Head and Sovereign Bank President and CEO Jorge Moran and Monmouth University President Paul G. Gaffney II signed an agreement highlighting the partnership between the bank and Monmouth University. The bank is providing support to Monmouth University’s International Entrepreneurship in Spain Program, Sin Fronteras Chile Project, and Institute for Global Understanding’s Project BAM.

About Santander Universities

Banco Santander’s commitment to progress finds its expression in the Santander Universities Global Division, whose activities through local affiliates, such as Sovereign Bank, form the backbone of the bank’s social action and enable it to maintain a stable alliance with the academic world. Santander has forged long-term partnerships with more than 950 universities in the Americas, Asia and Europe.

Santander Universities USA was introduced in the United States in 2009 through Sovereign Bank and has now resulted in agreements with 25 universities and colleges. The program supported 775 scholarships in 2011.

Santander Universities Global Division is the channel through which Banco Santander supports the higher education sector in these countries in such areas as teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student mobility and innovation.

About Santander Holdings USA, Sovereign Bank and Banco Santander

Santander Holdings USA, Inc. is a wholly owned subsidiary of Banco Santander, S.A., and parent company of Sovereign Bank, N.A. and Santander Consumer USA. Banco Santander is a retail and commercial bank, headquartered in Spain, with a presence in 10 main markets: Spain, Portugal, Germany, the UK, Poland, Brazil, Mexico, Chile, Argentina, and the U.S. Founded in 1857, Santander has 102 million customers, approximately 14,700 branches – more than any other international bank – and more than 189,000 employees. For more information on Santander, visit

Sovereign Bank, N.A. is a financial institution with principal markets in the northeastern United States. Sovereign has more than 700 branches, nearly 2,300 ATMs, and approximately 8,600 team members. For more information on Sovereign Bank, visit or call 877-SOV-BANK.

About Monmouth University

Monmouth University is a leading private institution that offers a comprehensive array of undergraduate and graduate degree programs. The University provides students with a highly personalized education that builds the knowledge and confidence of tomorrow’s leaders. Located in West Long Branch, New Jersey, Monmouth University’s magnificent and historic campus is approximately one hour from both New York City and Philadelphia and is within walking distance of the beaches of the Atlantic Ocean. Monmouth University is listed in U.S. News & World Report’s “America’s Best Colleges” and the Princeton Review’s The Best 376 Colleges, and is recognized by the latter as one of the country’s top “green” colleges.

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Media contact: Petra Ludwig at 732-263-5507