September 12, 2023 September 12, 2023 – Santander Consumer USA Inc. (“Santander Consumer”) today announced that it has been chosen as the primary loan servicer for LendingClub’s auto refinance portfolio. LendingClub Bank, America’s leading digital marketplace bank, has a direct auto refinance program that covers over 94 percent of the U.S. population with borrowers saving an average of...
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Bruce Jackson Is Named Head of the Santander US Auto Business and CEO of Santander Consumer
February 2, 2023 12/22/2022 – Santander Holdings USA, Inc. (“Santander” and “Santander US”) today announced that, effective March 2023, Bruce Jackson will assume the role of head of the Santander US Auto business and CEO of Santander Consumer USA Inc. (“Santander Consumer”), reporting to Santander US CEO, Tim Wennes. Jackson succeeds Mahesh Aditya who is taking on the...
Betty Jotanovic Is Named President of Chrysler Capital and Auto Relationships at Santander Consumer
February 2, 2023 DALLAS – January 27, 2023 – Santander Consumer USA Inc. (“Santander Consumer”) today announced that Betty Jotanovic will assume the role of President of Chrysler Capital and Auto Relationships, reporting to Bruce Jackson who was recently named head of the Santander US Auto business and CEO of Santander Consumer. In this capacity, Jotanovic will be...
2022
Santander Consumer USA Brings Cultivate Small Business Program to Dallas in Partnership with Impact Ventures
June 23, 2022 Innovative program provides financial support and coaching to food-related and women- and minority-owned start-up businesses DALLAS – June 2, 2022 – Santander Consumer USA Holdings Inc. (“Santander Consumer” and “SC”) today announced that it has selected Dallas for the launch of Cultivate Small Business – a Santander US signature program that supports food-service entrepreneurs for...
Santander Consumer USA and Stellantis Agree on US Contract Extension
May 20, 2022 Agreement extends Chrysler Capital relationship, reaffirming the mutually beneficial financing partnership DALLAS – April 27, 2022 – Santander Consumer USA Holdings Inc. (“SC” or “the Company”), which does business as Chrysler Capital, today announced it has reached an agreement with FCA US LLC (“Stellantis”) to amend and extend the Master Private Label Financing Agreement (the...
Santander Consumer USA Launches Financial Literacy Training for City Year AmeriCorps Members
May 20, 2022 Announced during Financial Literacy Month, the innovative new program is made possible through a partnership between Santander Consumer, City Year and Operation HOPE DALLAS – April 29, 2022 – Santander Consumer USA Holdings Inc. (“Santander Consumer” and “SC”) today announced that it is working with its established community partners City Year and Operation HOPE to...
Santander Consumer USA Partners with Wheels of Success to Provide Vehicles for Individuals in Need
May 5, 2022 Santander Consumer will donate 30 vehicles over four years to help more people get to work DALLAS and Tampa, Florida – April 18, 2022 – Santander Consumer USA Inc. (“Santander Consumer” and “Santander”) today announced a four-year commitment to donate two used vehicles every quarter to Tampa-based Wheels of Success Inc. (“Wheels of Success”). Wheels...
MITSUBISHI MOTORS ANNOUNCES SANTANDER CONSUMER USA
April 13, 2022 AS NEW PREFERRED FINANCE PARTNER New partnership is announced as Mitsubishi Motors experiences record-breaking sales success, led by the all-new 2022 Mitsubishi Outlander FRANKLIN, Tenn., and DALLAS, March 10, 2022 – Mitsubishi Motors North America, Inc. (MMNA) and Santander Consumer USA Inc. (SC) today announce a new partnership to provide customer and dealer financing programs...
Santander Consumer Expands its Digital Auto Finance Experience in Partnership with AutoFi
March 23, 2022 DALLAS/BOSTON – March 7, 2022 – Santander Consumer USA Inc. (“SC”), a wholly owned subsidiary of Santander Holdings USA, Inc. (“Santander US”), today announced the expansion of its partnership with AutoFi Inc. (“AutoFi”), a leading e-commerce platform for automotive sales and financing, to develop SC’s end-to-end digital car buying experience. Santander US has also invested...
Santander US Holdings Names Dr. Virnitia Hendricks Chief Diversity Officer, Head of Diversity, Equity and Inclusion
March 22, 2022 BOSTON, March 1, 2022 – Santander Holdings USA, Inc. (“Santander US”), today announced that Dr. Virnitia Hendricks has been named Chief Diversity Officer, Head of Diversity, Equity and Inclusion (“DE&I”) for Santander US. Hendricks will have a dual reporting relationship to Mahesh Aditya, Santander Consumer (“SC”) CEO and US Diversity Champion and Rosilyn Houston, Santander...
2022
MITSUBISHI MOTORS ANNOUNCES SANTANDER CONSUMER USA
April 13, 2022 AS NEW PREFERRED FINANCE PARTNER New partnership is announced as Mitsubishi Motors experiences record-breaking sales success, led by the all-new 2022 Mitsubishi Outlander FRANKLIN, Tenn., and DALLAS, March 10, 2022 – Mitsubishi Motors North America, Inc. (MMNA) and Santander Consumer USA Inc. (SC) today announce a new partnership to provide customer and dealer financing programs...
Santander Consumer USA Invests $35 Million to Bridge the Digital Divide in Communities Across the U.S.
January 17, 2022 Initiative launches in Dallas, where Santander Consumer and Comp-U-Dopt will improve neighborhood Internet connectivity by providing thousands of households with free high-speed Internet, laptops and digital skills training Santander Consumer USA (“SC”) today announced that it is partnering with technology and community nonprofit Comp-U-Dopt to help bridge the digital divide in several cities in the...
2021
Santander Consumer USA Holdings Inc. Announces Fourth Quarter Dividend
November 19, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced its Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock to shareholders of record as of November 29, 2021. The dividend will be payable on December 9, 2021. Cautionary Note Regarding Forward-Looking Statements This press release...
Santander Consumer USA Holdings Inc. Reports Third Quarter 2021 Results
October 27, 2021 Net Income of $763 Million and $7.8 Billion in Originations in the Third Quarter 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the third quarter ended September 30, 2021 (“Q3 2021”) of $763 Million, or $2.49 per diluted common share. The Company’s parent, Santander Holdings USA,...
Santander Consumer USA Announces Chrysler Capital will Serve as Title Sponsor for the Chrysler Minority Dealers Association
September 24, 2021 Santander Consumer USA Holdings Inc. (“SC”) today announced that Chrysler Capital will serve as the title sponsor for the Chrysler Minority Dealers Association (“CMDA”). The five-year annual sponsorship will include several initiatives aimed at outlining and supporting minority dealer trends and building a conduit for the next generation of minority dealers. The Chrysler Minority Dealers...
Marc Womack Named Head of Operations for Santander Consumer USA
September 22, 2021 Santander Consumer USA Holdings Inc. (“SC” or “Santander”) announced that Marc Womack has been named Santander Consumer Head of Operations, effective Oct. 18. Womack will report to Santander Consumer President and CEO Mahesh Aditya, and will be based out of Dallas. Marc succeeds Sandra Broderick, who will retire in early 2022. Womack will lead all...
Santander Consumer USA Holdings Inc. Agrees to Be Taken Private by Santander Holdings USA, Inc.
August 24, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced that SC and its majority shareholder Santander Holdings USA, Inc. (“SHUSA”) have entered into a definitive agreement whereby SHUSA will acquire SC for $41.50 per share in cash, which represents a total equity value of $12.7 billion. The transaction is expected to...
Santander Consumer USA Holdings Inc. Reports Second Quarter 2021 Results
July 28, 2021 Net Income of $1.1 Billion and $10.5 Billion in Originations in the Second Quarter 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the second quarter ended June 30, 2021 (“Q2 2021”) of $1.1 billion, or $3.45 per diluted common share. The Company has declared a cash...
Santander Consumer USA to Release a New Digital Experience for Automobile Dealers and Consumers
July 27, 2021 Santander Consumer USA is working with AutoFi to transform the automobile financing journey Santander Consumer USA Holdings Inc. (“SC”), today announced that it will debut an innovative digital auto finance experience that will streamline and enhance dealer interaction with SC and SC’s customers. The SC solution was developed with AutoFi Inc. (“AutoFi”), an established digital...
Santander Consumer USA Holdings Inc. Announces Second Quarter 2021 Earnings Release Date
July 26, 2021 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces the release date of its second quarter 2021 financial results for Wednesday, July 28, 2021, at 9:00 a.m. Eastern Time. Conference Call Information SC will host a conference call and webcast to discuss its second quarter results and other general matters at 9:00 a.m. Eastern Time...