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Employee Services

Government and Institutional Employee Services
Government and Institutional entities can offer their employees great financial benefits through Sovereign's Partnership Banking Program.
This account gives you the support you need to make better financial decisions. The only requirement is that you have direct deposits to your Sovereign Partnership Checking account.

Features
  • No minimum balance requirement and no monthly maintenance fee
  • Free checks1
  • No fee to use other banks' ATMs in the U.S.2
  • Interest rate bonus on eligible CDs
  • Free Online Banking with BillPay
  • No-fee money orders, official bank checks, or regular Travelers Cheques
  • 50% discount on a safe deposit box rental for the life of your Sovereign Partnership Checking account
  • Competitive tiered interest rates on savings accounts
  • No-annual-fee on Sovereign Bank's World MasterCard® and Visa Signature® credit cards3
  • Access to more than 2,300 Sovereign ATMs, including more than 1,100 ATMs in CVS/pharmacy® locations
Home Equity Offers
  • 1/2% interest rate discount off our regular rates on new secured consumer loans and lines of credit4
  • Fast credit decisions
Mortgage Discounts5
  • Customer's choice: 1/2% of loan amount to be applied toward closing costs or 1/8% interest rate reduction6
  • Free pre-approvals, reduced attorney fees7, 48-hour mortgage approval8
  • Access to competitive mortgage products, including First Time Homebuyer and Low Money Down
  • Access to General Electric9 homebuyer privileges
1 Free Graystone checks, or $15 discount toward alternate designs, available with Sovereign Partnership Checking.
2 ATM owner may charge a separate fee.
3 Credit cards issued and administered by FIA Card Services, N.A.
4 You must have or must open a Sovereign Partnership, Sovereign Premier or Business Owner Premier Checking account, or a Premier Money Market savings account and use automatic payment from that account. Not available on mortgages or loans obtained through an auto dealership.
5 This is not an offer of credit. All loans are subject to meeting specific underwriting requirements. Not all applicants will qualify
6 With automatic payment from a Sovereign Partnership Checking account. Certain mortgage products are excluded from this offer.
7 Sovereign Bank does not charge attorneys' fees to borrowers, but can recommend attorneys who have agreed to reduce their standard fees. These are independent attorneys that are not affiliated with Sovereign Bank and Sovereign Bank makes no representation concerning their services or fees.
8 Conditioned upon receipt of all outstanding conditions.
9 Offered as a convenience for you through Genworth Mortgage Insurance. Sovereign Bank makes no warranty or representation regarding these privileges. Sovereign Bank is not affiliated or associated with, or is legally authorized to use any trademark, trade name, logo or copyright symbol of Genworth Mortgage Insurance or any of its affiliates or subsidiaries.
Access Your Accounts
Next Steps
Call 877.506.9352 to speak with a Government Banking Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Resources
View a brief video about how Partnership Banking can benefit your institution
View a brief video about how Partnership Banking can benefit employees
Complete Payroll Solutions
Secure outsourced processing of payroll, taxes & HR records.
Learn More
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