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The Lehigh Valley's sixth-largest bank, Sovereign Bank, is changing its name to Santander. The bank rolled out the name change Thursday at branch locations in Wyomissing, where the bank was based nationally before moving to Boston in 2011, as well as in Philadelphia, Boston, New York City and Providence, R.I.
The predecessor of Tangerine, ING Bank of Canada (operating as ING Direct) was founded in April 1997 and operated as a telephone banking service offering savings accounts.t offers savings accounts, Tax-Free Savings Accounts (TFSA), Guaranteed Investment Certificates (GIC) and Registered Retirement Savings Plans (RRSP), mutual funds, mortgages and a no-fee chequing account. Founded by ING Group in 1997 as the Canadian operation of ING Direct, the bank was acquired by Scotiabank in 2012.