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New Hires and Promotions

New Hires and Promotions News
Learn about the newest members of the Sovereign Bank and Sovereign Bancorp team, as well as those who were recently promoted.

Sovereign Bank Promotes Mark McCoy to Assistant Vice President
January 9, 2007
Sovereign Bank announced today that it has promoted Mark E. McCoy to assistant vice president, community banking manager. McCoy manages Sovereign’s Community Banking Office at 188 Nassau St. in Princeton, N.J. where he is responsible for all business and team member development.

A resident of Bensalem, Pa., McCoy joined Sovereign in April 2006. He was previously branch office manager for National City in Chicago. McCoy attended Penn State University in State College, Pa.

About Sovereign
Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company of Sovereign Bank, a $90 billion financial institution headquartered in Wyomissing, Pa., with nearly 800 community banking offices, over 2,000 ATMs and approximately 12,000 team members with principal markets in the northeast United States. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 16th largest banking institution in the United States. For more information on Sovereign Bank, call 1-877-SOV-BANK.

Media Contact
Deborah Pulver
Office: 610-378-6784
Cell: 610-207-4651
dpulver@sovereignbank.com
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