Sovereign Receives Honors For Customer Satisfaction

Sovereign recently received two "2008 Greenwich Excellence Awards" for Middle Market Banking. These awards were achieved for excellence in "Overall Satisfaction" among businesses in the Northeast and for our Commercial Banking and Treasury Management services. Sovereign was one of more than 750 banks considered for these regional awards.

About Greenwich Associates
Greenwich Associates, based in Stamford, Conn., offers comprehensive consulting and research capabilities in institutional financial services. The company surveyed 17,000 businesses in markets across the United States with sales of $10 million to $500 million and asked them to evaluate each bank they use in a variety of categories. Results are used to determine the winners in nine different categories at the national level and two categories across four geographic regions. Greenwich Associates publicized all national and regional award recipients in an announcement in American Banker.