Federal regulators to examine Santander Bank’s practices under CRA

THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE
BOSTON – Federal regulators are scheduled to examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods, an area where the bank has struggled in the past. The Office of the Comptroller of the Currency last week announced its regular fourth-quarter schedule of Community Reinvestment Act evaluations, which includes the Boston-based…

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