Sovereign Bank Appoints Janet M. McCoy as Chief Privacy Officer

Apr 10, 2001, 01:00 ET from Sovereign Bank

    WYOMISSING, Pa., April 10 /PRNewswire/ -- Sovereign Bank today announced
 the appointment of Janet M. McCoy as chief privacy officer.  In this position,
 McCoy guides the bank's practices to protect its customers' privacy and
 oversees the development and implementation of the bank's privacy policy.
     "Sovereign Bank has always respected our customers' privacy, and
 safeguarding our customers' information is a responsibility that we take very
 seriously," said Larry Thompson, chief operating officer for Sovereign Bank.
 "Janet's new title reflects the instrumental role she's played over the past
 year in shaping our privacy initiatives, and we're pleased to officially
 appoint her to this position."
     As the bank's chief privacy officer, McCoy is responsible for developing
 and implementing Sovereign's policy on customer privacy and oversees the
 integration of all privacy-related initiatives throughout Sovereign.  Prior to
 this position, McCoy served as manager for Sovereign's advertising, business
 marketing and consumer marketing groups.  Prior to Sovereign Bank, McCoy was
 regional marketing manager for CoreStates and commercial marketing manager for
 Meridian Bank.
     McCoy is a founding member of the Association of Corporate Privacy
 Officers and is co-chair of its by-laws committee.  She heads Sovereign's
 internal Privacy Council, and often speaks at leading industry conferences and
 seminars on privacy.  McCoy is also president of the board of directors of
 Clare House, a non-profit transitional home for women and children.
     She holds a B.A. in Economics from Lehigh University and resides in East
 Petersburg, Pa.
     Sovereign Bancorp, Inc. (Nasdaq: SVRN) ("Sovereign"), parent company of
 Sovereign Bank, is a $33 billion financial institution with approximately 556
 community banking offices and over 1,000 ATMs in Pennsylvania, Delaware, New
 Jersey, Connecticut, New Hampshire, Rhode Island and Massachusetts.  Sovereign
 Bank is currently the third largest bank headquartered in Pennsylvania.  For
 more information on Sovereign Bank, visit www.sovereignbank.com or call
 1-877-SOV-BANK.
 
 

SOURCE Sovereign Bank
    WYOMISSING, Pa., April 10 /PRNewswire/ -- Sovereign Bank today announced
 the appointment of Janet M. McCoy as chief privacy officer.  In this position,
 McCoy guides the bank's practices to protect its customers' privacy and
 oversees the development and implementation of the bank's privacy policy.
     "Sovereign Bank has always respected our customers' privacy, and
 safeguarding our customers' information is a responsibility that we take very
 seriously," said Larry Thompson, chief operating officer for Sovereign Bank.
 "Janet's new title reflects the instrumental role she's played over the past
 year in shaping our privacy initiatives, and we're pleased to officially
 appoint her to this position."
     As the bank's chief privacy officer, McCoy is responsible for developing
 and implementing Sovereign's policy on customer privacy and oversees the
 integration of all privacy-related initiatives throughout Sovereign.  Prior to
 this position, McCoy served as manager for Sovereign's advertising, business
 marketing and consumer marketing groups.  Prior to Sovereign Bank, McCoy was
 regional marketing manager for CoreStates and commercial marketing manager for
 Meridian Bank.
     McCoy is a founding member of the Association of Corporate Privacy
 Officers and is co-chair of its by-laws committee.  She heads Sovereign's
 internal Privacy Council, and often speaks at leading industry conferences and
 seminars on privacy.  McCoy is also president of the board of directors of
 Clare House, a non-profit transitional home for women and children.
     She holds a B.A. in Economics from Lehigh University and resides in East
 Petersburg, Pa.
     Sovereign Bancorp, Inc. (Nasdaq: SVRN) ("Sovereign"), parent company of
 Sovereign Bank, is a $33 billion financial institution with approximately 556
 community banking offices and over 1,000 ATMs in Pennsylvania, Delaware, New
 Jersey, Connecticut, New Hampshire, Rhode Island and Massachusetts.  Sovereign
 Bank is currently the third largest bank headquartered in Pennsylvania.  For
 more information on Sovereign Bank, visit www.sovereignbank.com or call
 1-877-SOV-BANK.
 
 SOURCE  Sovereign Bank