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Sovereign Bank

Sovereign Bank Sovereign Bancorp Inc.
Offices Operates 750 retail banking offices, over 2,300 ATMs
Foundation 1999
Languages English
Address 1500 Market Street Philadelphia, PA 19102 United States Phone: 215-557-4630 Fax: 610-320-8448

Sovereign Bank offers a broad array of financial services, including retail, business, and corporate banking; cash management; capital markets; private wealth management; and insurance. Its roots reach back to 1902, when it was established as a building and loan association helping Pennsylvania textile workers become homeowners. Sovereign successfully expanded into New England in 2000, and the New York area in 2006. The expansion into New England included approximately $12 billion in deposits, $8.1 billion in loans, 281 branches, and 550 ATMs from FleetBoston Financial, which was the largest branch acquisition in banking history. Today, Sovereign offers more than 750 branches and 2,300 ATMs from Maine to Maryland. In 2005, Sovereign and Santander established a strategic partnership, and on January 30, 2009, Sovereign joined Santander Group, adding its successful U.S. franchise to Santander's global strength. Founded in 1857, Santander has a successful history in retail and commercial banking, and has grown to become one of the 5 largest banks in the world by profit. In joining Santander, Sovereign is poised to offer even better service and more innovative products than ever before—from the same people you already know and trust. You can also continue to count on the close, personal attention you've come to expect—and you'll understand why we say "Our Future is Bright."

Products & Services
Personal

  • Checking Accounts
  • Foreign Currency
  • Savings Accounts
  • Online Security Center
  • Online Banking
  • Self-Service Resources
  • Cards

Business

  • Checking Accounts
  • Foreign Currency
  • Savings Accounts
  • Online Security Center
  • Online Banking
  • Self-Service Resources
  • Cards
  • Borrowing
  • Easy Access Line of Credit
  • Auto Loans
  • Homeowners Assistance
  • Credit Cards
  • Home Equity Loans
  • Mortgages
  • Pre-Qualify Now
  • Home Equity Line of Credit

Corporate

  • Cash Management Overview
  • Disbursement & Reconcilement Overview
  • Cash Management Checking
  • Escrow Services
  • Positive Pay
  • Account Reconciliation
  • Tax Payments
  • Payroll Services
  • Collections Overview
  • Onsite Check Deposit
  • Retail Lockbox
  • Cash Services
  • Merchant Services
  • Information Reporting Overview
Participation in the rating
WWWhttp://www.sovereignbank.com/
Actualization date24 January 2011
Internet banking
Credit cards
Saving Accounts & Term Deposits
Mortgage loans
Personal loans
Private banking
Investments
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