Sovereign Bank is the 19th-largest banking institution in the United States.
The bank has more than $90 billion in assets, operates 750 retail banking offices, over 2,300 ATMs (including 1,100 in CVS pharmacies throughout the Northeast) and employs approximately 12,000 people. The company is based in Wyomissing, Pennsylvania, near Reading, and its principal market is in the Northeastern United States. Sovereign offers an array of financial servic...
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Sovereign Bank is the 19th-largest banking institution in the United States.
The bank has more than $90 billion in assets, operates 750 retail banking offices, over 2,300 ATMs (including 1,100 in CVS pharmacies throughout the Northeast) and employs approximately 12,000 people. The company is based in Wyomissing, Pennsylvania, near Reading, and its principal market is in the Northeastern United States. Sovereign offers an array of financial services and products including retail banking, mortgages, corporate banking, cash management, capital markets, trust and wealth management, and insurance.
The bank has naming rights to the Sovereign Bank Arena in Trenton, New Jersey, the Sovereign Center and Sovereign Performing Arts Center in Reading, Pennsylvania, and Sovereign Bank Stadium in York, Pennsylvania.
On June 1 2006, Sovereign Bank purchased Independence Community Bank Corp. of Brooklyn, New York, for US$3.6 billion in cash. Sovereign completed the transition process of Independence...
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