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Sovereign Bank celebrates grand re-opening of Pratt Institute branch - Santander Universities presents gift in support of academic advancement during event
October 13, 2011
BOSTON - Sovereign Bank today celebrated the grand re-opening of its branch at Pratt Institute’s North Hall at 200 Willoughby Avenue in Brooklyn, NY. Representatives from Sovereign, a part of Banco Santander, joined local business leaders, Pratt faculty members, and customers at a ribbon cutting ceremony in the branch.

The branch at Pratt Institute will provide financial expertise and banking solutions tailored to the Institute’s students, faculty and staff. The branch features two teller stations and will be supported by three staff members, including Branch Manager Mervin Clemente. One full service walk up ATM is also accessible within North Hall.

“The goal of this newly renovated branch is to better serve the students and faculty here at Pratt Institute,” said Josephine Moran, Senior Retail Market Executive for Sovereign’s Metro New York and Northern New Jersey market. “We’re proud to have a branch location right here on campus.”

During the ceremony Sovereign through Santander Universities Global Division, presented a gift that will support the Institute’s studio jewelry program in the undergraduate fine arts department. The gift, which was presented to Patricia Madeja, coordinator of Pratt’s jewelry program, will also provide a scholarship for a student in the program. Santander Universities is a major initiative created by Banco Santander to support higher education and academic research to advance the bank’s goal of expanding knowledge and experience globally.

“Sovereign Bank is proud to present scholarships to students as they fulfill their academic aspirations,” said Eduardo Garrido, director of Santander Universities U.S. “The Institute is one of the premier art, design and architecture schools in the United States. It’s commitment to fostering creativity and academic excellence while motivating students to make a societal impact aligns with the mission of Santander Universities to support the future leaders of tomorrow.”


About Pratt Institute
Globally recognized for its distinguished academic reputation, Pratt Institute is one of the world's most prestigious independent colleges. Founded in 1887, Pratt offers undergraduate and graduate degree programs to 4,700 students from around the world in architecture, art and design, information and library science, and liberal arts and sciences. Pratt's programs are consistently ranked among the best in the country, and its faculty and alumni include the most renowned artists, designers, and scholars in their fields who collectively have produced some of the most innovative and iconic works of our time. Pratt's inspirational campus in the Clinton Hill section of Brooklyn and in Manhattan on West 14th Street places it in one of the world's cultural epicenters and provides its students with unparalleled training facilities. Pratt is currently in the midst of a 16-month celebration of its rich 125-year history of creativity. For more information on Pratt's 125th Anniversary, visit http://www.pratt.edu/125.


About Santander Universities
Banco Santander’s commitment to progress finds its expression in the Santander Universities Global Division, whose activities through local affiliates, such as Sovereign Bank, form the backbone of the bank’s social action and enable it to maintain a stable alliance with the academic world. Santander has forged long-term partnerships with more than 940 universities in the Americas, Asia and Europe.

Santander Universities was introduced in the United States in 2009 through Sovereign Bank and has now resulted in agreements with 22 universities and colleges. The program supported 775 scholarships in 2011.

Santander Universities Global Division is the channel through which Banco Santander supports the higher education sector in these countries in such areas as teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student mobility and innovation.


About Sovereign and Santander
Santander Holdings USA, Inc. is a wholly owned subsidiary of Banco Santander, S.A. (SAN.MC, STD.N), and is the holding company for Sovereign Bank and Santander Consumer USA. Banco Santander is a retail and commercial bank, headquartered in Spain, with a presence in 10 main markets: Spain, Portugal, Germany, the UK, Poland, Brazil, Mexico, Chile, Argentina and the U.S. Founded in 1857, Santander has 92 million customers, approximately 14,000 branches –– more than any other international bank –– and more than 190,000 employees. For more information on Santander, visit http://www.santander.com.

Sovereign Bank is a financial institution with principal markets in the northeastern United States. Sovereign has more than 700 branches, nearly 2,300 ATMs, and approximately 8,000 team members. For more information on Sovereign Bank, visit http://www.sovereignbank.com or call 877-SOV-BANK.


Media Contact
Bryan Hurst
617-346-7438
bhurst@sovereignbank.com

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