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Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Information ReportingCredit: Lines of Credit and Loans, American Express Credit Cards, Vehicle Lease and Finance, Equipment Leasing and Finance, Specialty Lending, Wholesale LendingInvestments: Sweeps, Investment Sales and Trading, Employee Pension PlanInsurance: Transportation Insurance, Construction Insurance, Utilities Insurance, Environmental Risk ManagementCapital Markets: Investment Sales & Trading, Foreign Exchange, Loan Syndications, Interest Rate DerivativesInternational Trade: Import Trade Services, Export Trade Services, Trade Finance, Foreign Exchange, Online Services, Resources
Disbursement & Reconcilement   |   Collections   |   Information Reporting
Cash Management Checking
Escrow Services
Zero Balance Account
Controlled Disbursement
Positive Pay
Account Reconciliation
ACH & EDI
Wire Transfer
Tax Payments
Payroll Services
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Payroll Services
Payroll Services For Corporations
Sovereign Payroll Services is secure and hassle-free way for corporations to process payroll, pay taxes, and maintain HR records.
Enjoy greater convenience and peace of mind with Sovereign Payroll Services, powered by ADP, a leader in payroll and business solutions.

Features

  • Complete payroll processing, including deductions and withholdings for all tax jurisdictions
  • Calculation, filing, depositing, and reconcilement of federal, state, and local payroll taxes, including year-end W-2 and 1099 reporting
  • Compliance with government regulations and human resource laws
  • Direct deposit for your employees
Value-Added Options
  • Retirement planning for your employees
  • Flexible spending accounts
  • Time and attendance reporting
  • COBRA compliance
Access Your Accounts
Next Steps
Call 877.768.1145 to speak with a Business Customer Contact Center Representative
Send an email and we will contact you within 24 hours
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Exclusive Benefits for Your Employees
Offer employees a variety of value-added banking services.
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Employee Pension Plan
Offer your employees the benefits of a pension plan.
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