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Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, Insurance, Sovereign Benefits ConsultingInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Wealth Management, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives, Government Note Financing
Disbursement & Reconcilement   |   Collection   |   Payroll   |   Insurance   |   Benefits Consulting
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Payroll Services

Payroll Services For Government & Institutions
Sovereign Payroll Services is a secure and hassle-free way for government and institutional entities 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 877.506.9352
to speak with an
Institutional Banking 
Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Exclusive Benefits for Your Employees
Offer employees a variety of value-added banking services.
Learn More
Employee Pension Plan
Offer your employees the benefits of a pension plan.
Learn More
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