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Openbank Launches First U.S. Branch in Miami, Attracts 100K Customers

6/3/2025

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Story summary
  • Santander Bank has launched Openbank's first U.S. branch in Miami's Worldcenter development.
  • The branch combines traditional banking services with innovative digital tools for community engagement.
  • Customers can access standard banking services and high-yield savings accounts exceeding national averages.
  • The grand opening featured performances by artists such as Flo Rida and Shaggy.
  • Since its late 2024 launch, Openbank has attracted over 100,000 customers and $4 billion in deposits by May 2025.