Sovereign Bank Fact Sheet

• Sovereign is on solid financial footing under all reporting standards.
• Sovereign Bank remains well capitalized by all regulatory measures, meaning the bank has a sufficient cushion.
• Sovereign Bank has undertaken a methodical process to reduce risk in recent months, including the liquidation of its entire portfolio of collateralized debt obligations (CDOs).
• Sovereign Bank has adequate liquidity to meet all our cash needs. Sovereign has $11.8 billion of unused borrowing capacity at the Federal Reserve and FHLB.
• Now depositors with Sovereign Bank are insured for at least $250,000 by the Federal Deposit Insurance Corp. Learn more about FDIC insurance.
• Sovereign has an experienced executive team that has managed through economic downturns in the past.

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