Santander continues to amaze me with their predatory ATM fees and now inept mortgage process and practices.
Go to a quick chek or wawa with "no surcharges" forget it, Santander bills $3 a transaction regardless of the ATM policy.
We have a great relationship with the folks who run the branch, the people are very helpful and friendly.
That's where the service ends.
My wife and I have been customers for over 30 years, from Staten Island Savings bank, SI bank and trust, Sovereign and now Santander.
I purchased a home recently, Santander had a fantastic interest rate, I thought long and hard, the branch manager who has been very good to me told me it would be a great experience.
Unfortunately it hasn't worked out well, the requirements for the mortgage were ridiculous.
Knowing my wife and I, the amount of money we have, monthly income deposits from our jobs etc, I figured this would be simple....wrong.
Miserable process but we got through it.
Now it turns out that the taxes that should be paid to the township have not been paid, several phone calls to Santander and no resolution to date. The funds for the quarters taxes were taken at closing months ago, taxes still have not been paid.
Thankfully the small town we purchased in has reasonable and understanding tax collector who understands and has dealt with these situations.
Do yourself a favor and bank somewhere else. read more