Part of that 'revitalization' of a zombie retail shopping mall where investors could write-off millions in losses.
The Fiesta District was also the king pin in the city's Office of Economic Development plans for RDAs.
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The Newsroom for The City of Mesa went full-tilt on landing the predator auto-loan bank and won ECONOMIC DEVELOPMENT AWARDS
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Santander Consumer USA Inc. will bring 970 jobs to Mesa's Fiesta District
November 2, 2015 at 3:03 pmSantander Consumer USA Holdings Inc. (NYSE: SC, “Santander Consumer USA”), a consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to more than 2.5 million customers across the full credit...
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Grand opening for Santander Consumer USA in Mesa's Fiesta District
May 3, 2016 at 2:05 pmA grand opening and ribbon cutting ceremony has been held forSantander Consumer USA at Centrica, a creative adaptive reuse project at 1550 W. Southern Ave. in Mesa’s Fiesta District. Santander Consumer USA, a full-service, technology-driven...
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Mesa economic development projects receive Silver Shovel Awards
July 18, 2016 at 12:47 pmTwo City of Mesa economic development projects, Santander Consumer USA and Special Devices, Inc. were recently awarded 2016 Silver Shovel Awards by Area Development, a leading site selection publication. The awards are based on a combination of...
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Office of Economic Development receives state economic development awards
September 19, 2016 at 5:13 pmThe City of Mesa’s Office of Economic Development has been honored with two Golden Prospector Awards of Merit from the Arizona Association of Economic Development (AAED) for the Santander Consumer USA project and for two “Why Mesa” video...
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Office of Economic Development receives international Excellence in Economic Development award
October 4, 2016 at 9:23 amThe City of Mesa’s Office of Economic Development has been honored by the International Economic Development Council (IEDC) with a Silver Excellence in Economic Development Award in the category of Real Estate Redevelopment and Reuse for the...
Wells Fargo not the only bank ripping off poorer drivers
Banco Santander's a sixth of the way to matching auto-loan sanctions
https://dealbreaker.com/2020/05/santander
JON SHAZAR
"Wells Fargo is the undisputed world champion of screwing over customers via auto loans. Veterans, people who owed nothing on their cars, people who very much didn’t need that insurance Wells forced them to buy, more than a half-million people in total, likely to cost Wells in excess of $3 billion. It’s really quite impressive, a Cal Ripken-like decade-long streak unlikely to be seriously challenged. But don’t think Banco Santander can’t try!
Santander Consumer USA Holdings Inc said on Tuesday it had agreed to make changes to its underwriting practices as part of a $550 million settlement with 33 states and the District of Columbia over subprime auto loans…. California said Santander approved loans it expected would default at rates of greater than 70% and alleged “Santander’s aggressive pursuit of market share led it to underestimate the risk associated with loans by turning a blind eye to dealer abuse….”
