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Supplier Diversity Program

Sovereign Bank is committed to the success of minority- and women-owned businesses*.

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	The goal of our Supplier Diversity Program is to allow a wide-range of suppliers in the communities where we have a significant banking presence to become one of our preferred vendors. With this in mind, we welcome your interest in our Supplier Diversity Program, and recognize the benefits of working with suppliers who bring a range of backgrounds, perspectives, and areas of expertise.

Minority-owned Business: A business that is at least 51% owned, managed, and controlled by one or more United States citizens from the following ethnic groups:

African-American (includes persons whose origins are any of the black racial groups of Africa);
Asian-Pacific American (includes persons whose origins are from Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Samoa, Guam, the U.S. Trust Territories of the Pacific, or the Northern Marianas);
Asian-Indian American (includes persons whose origins are from India, Pakistan, and Bangladesh);
Hispanic-American (includes persons whose origins are from Mexico, Central America, South America, and the Caribbean);
Native-American (includes American Indians, Eskimos, Aleuts, or Native Hawaiians)

Women-owned Business: A business that is at least 51% owned, managed, and controlled by a woman or women.

We cannot guarantee that a participant will be selected as a supplier. Participation in the program gives us access to a pool of potential diverse suppliers that can be drawn upon as we seek to meet our future operating needs.


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