The fourth largest bank in Rhode Island is changing its name.
Sovereign Bank will be known as Santander as of Thursday.
The bank is part of the Spanish banking firm the Santander Group, which operates in countries across the globe including in Europe, South and North America.
In the U.S., Santander is one of the nation's 25 largest retail banks and operates mostly in the Northeast and Mid-Atlantic. It has 700 branches in the United States.
The bank is holding a ceremony at a downtown Providence location on Thursday to mark the change.
23 Kenney Drive
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