Notice of Application for Acquisition of a Bank by Bank Holding Companies
Banco Santander S.A., Madrid, Spain, and Santander Holdings USA, Inc., Boston, Massachusetts intend to apply to the Federal Reserve Board for permission to acquire another bank holding company, Webster Financial Corporation, Stamford, Connecticut. We intend to acquire control of Webster Financial Corporation's subsidiary bank, Webster Bank, National Association, Stamford, Connecticut. The Federal Reserve considers a number of factors in deciding whether to approve the application/notice including the record of performance of banks we own in helping to meet local credit needs.
You are invited to submit comments in writing on this application/notice to the Federal Reserve Bank of Boston, 600 Atlantic Avenue, Boston, MA 02210-2204, or via email: BOS.SRC.Applications.Comments@bos.frb.org. The comment period will not end before May 2, 2026 and may be somewhat longer. The Board's procedures for processing applications/notices may be found at 12 C.F.R. Part 262. Procedures for processing protested applications/notices may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application/notice, contact Prabal Chakrabarti, Executive Vice President and Community Affairs Officer, at (617) 973-3959. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application/notice if they are received in writing by the Reserve Bank on or before the last day of the comment period.
April 2 2026
LDOV0489681