---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-070387"
form_type: "8-K"
ticker: null
cik: "0001383094"
company_name: "SANTANDER DRIVE AUTO RECEIVABLES LLC"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:28:19.771222+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Santander Bank, N.A. replaces Santander Consumer USA as servicer for Drive Auto Receivables Trust 2021-1

## Summary
- Effective April 1, 2025, SBNA assumed servicing for the trust's auto receivables under the Sale and Servicing Agreement.
- SBNA, a national bank and wholly-owned subsidiary of Santander Holdings USA, will now service over 20 securitizations sponsored by SC.
- Omnibus Amendment shifts certain indemnity and repurchase obligations from SC as servicer to SC in its individual capacity.
- SBNA's servicing practices are detailed, including collections, repossessions, modifications, and charge-off policies.

## SEC filing metadata
- accession: 0001193125-25-070387
- form_type: 8-K
- cik: 0001383094
- company_name: SANTANDER DRIVE AUTO RECEIVABLES LLC
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 6.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1383094/000119312525070387/0001193125-25-070387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1383094/000119312525070387/d912513d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-070387
- JSON: https://secwatch.observer/filing/0001193125-25-070387.json
- Plain text: https://secwatch.observer/filing/0001193125-25-070387.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.