Sovereign Bank

Details Sovereign Bank Sovereign Bank

www.sovereignbank.com

Delaware

New Castle

Wilmington

(SA) Savings associations, state or federal charter

active

29950

1907

FDIC Certificate Number: 29950
FDIC's unique number: 42784
The FDIC Field Office where an institution is physically located: Harrisburg

Federal Reserve ID Number: 722777
Report Date: 2011-06-30

Bank Charter Class: SA
OCC Charter Number: 704E3

Number of Domestic Offices: 722
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21

1907-01-01 Institution established. Original name: New Home Federal Savings And Loan Association.
1976-07-31 Acquired New Home Savings And Loan Association in Reading, Pennsylvania.
1981-08-31 Acquired First Federal Savings And Loan Association in Allentown, Pennsylvania.
1984-01-31 Acquired First Federal Savings And Loan Association in Lancaster, Pennsylvania.
1984-02-29 Changed name to Penn Savings Bank Fsb .
1984-02-29 Changed organization type to Mutual Savings Bank.
1986-12-31 Changed organization type to Stock Savings Bank.
1991-08-23 Acquired Nassau Federal Savings And Loan Association in Princeton, New Jersey.
1991-09-06 Acquired United Savings And Loan Association Of Trenton, F.A. in Trenton, New Jersey.
1991-12-31 Acquired Yardley Bank For Savings, Fsb in Yardley, Pennsylvania.
1991-12-31 Changed name to Sovereign Bank, A Federal Savings Bank .
1992-09-11 Acquired Jersey Shore Savings And Loan Association in Toms River, New Jersey.
1993-01-16 Acquired Harmonia Savings Bank in Elizabeth, New Jersey.
1993-08-27 Acquired Home Unity Federal Savings And Loan Association in Lafayette Hill, Pennsylvania as part of a government assisted transaction.
1993-11-06 Acquired Valley Federal Savings And Loan Association in Easton, Pennsylvania.
1994-08-05 Acquired Shadow Lawn Savings Bank, Sla in Long Branch, New Jersey.
1994-10-31 Acquired Charter Federal Savings Bank in Randolph Township, New Jersey.
1996-05-31 Acquired West Jersey Community Bank in Fairfield, New Jersey.
1996-12-23 Changed name to Sovereign Bank .
1997-02-19 Acquired First Dewitt Bank in West Caldwell, New Jersey.
1997-03-31 Acquired Sovereign Community Bank in Freehold, New Jersey.
1997-08-30 Acquired Bankers Savings in Perth Amboy, New Jersey.
1998-03-01 Acquired Main Line Bank in Villanova, Pennsylvania.
1998-07-31 Acquired Carnegie Bank, National Association in Langhorne, Pennsylvania.
1998-07-31 Acquired First Home Savings Bank, F.S.B. in Pennsville, New Jersey.
1999-06-30 Acquired Trenton Savings Bank Fsb in Lawrenceville, New Jersey.
1999-06-30 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
2002-03-08 Acquired Main Street Bank in Reading, Pennsylvania.
2002-05-03 Acquired Sovereign Trust Company in Manchester Township, New Jersey.
2004-02-06 Acquired First Essex Bank in Lawrence, Massachusetts.
2004-07-23 Acquired Nantucket Bank in Nantucket, Massachusetts.
2004-07-23 Acquired Compass Bank For Savings in New Bedford, Massachusetts.
2005-02-11 Acquired Waypoint Bank in Harrisburg, Pennsylvania.
2006-09-09 Acquired Independence Community Bank in Brooklyn, New York.
2011-06-20 Moved bank headquarters from Wyomissing, Pennsylvania to Wilmington, Delaware.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $76,586,967,000
Total deposits: $47,637,352,000
Deposits held in domestic offices: $47,637,352,000
Equity capital: $12,392,902,000

Net income: $200,911,000

Return on Assets: 0.54
Return on Equity: 3.28
Last updated on: 2011-10-20

Bank Holding Company: Banco Santander, S.A.

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Profile ID: LFUS-BAB-P-5045