Santander Bank awarded nearly $6.6 million in charitable contributions to 177 community-based non-profit organizations and 15 Community Development Financial Institutions (CDFIs) throughout its northeast footprint in the second half of 2017.
Grants included $50,000 to the First State Community Loan Fund to support an economic development initiative on Wilmington, west side that includes renovating a mixed-use property into supportive housing for people with disabilities and a future small business incubator, retail or office space.
Santander Bank, N.A. has more than $79 billion in assets and a branch on Market Street in Wilmington.
The bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A., which has more than 125 million customers in the U.S., Europe, and Latin America.