Santander Bank has opened the first U.S. location of Openbank, its digital-first banking division, at Miami’s new Worldcenter development. The branch combines traditional services with digital tools in a setting designed to feel more like a space for the community than a bank.
It’s new location is similar in design to the bank’s Work Cafe in Coconut Grove. It offers access to all standard Santander Bank services ranging from information and support, to Openbank’s online products like a High Yield Savings account with a rate 10 times the national average and investment services through Santander Investment Services.
“The new Openbank location is another opportunity to bridge our digital and in-person experience to deliver a truly differentiated offering,” said Swati Bhati, Head of Retail Banking & Transformation at Santander Bank, and CEO of Openbak in the U.S.
As part of its new launch, Santander sponsored Miami Worldcenter’s Grand opening last thursday with free performances from artists like Flo Rida, Nicky Jam and Shaggy. Attendees also got to enjoy food and beverages Miami Worldcenter had to offer.
Openbank launched in the U.S. in late 2024. As of May 2025, the platform has gained more than 100,000 customers and over $4 billion in deposits. Santander plans on expanding its offerings with products like Certificates of Deposit and checking accounts in the future.
