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Sovereign Bank to Fund Two Collections at Madigan Library


From left, Lisette N. Ormsbee, director of the Madigan Library%3B Paul H. Rooney, senior vice president%2Fregional president for Sovereign Bank%3B and Marilyn G. Bodnar, librarian, instructional initiatives, business and law.A grant from Sovereign Bank will allow Pennsylvania College of Technology to establish two new permanent collections of books and periodicals in the college’s Madigan Library.

The $5,000 grant, made through the Sovereign Bank Foundation, will support new collections in business and finance and career development. Both collections will be available to Penn College students and the general public during regular library hours.

Lisette N. Ormsbee, director of the library, said the business and finance collection will include books and periodicals related to business plans, small business, women in business, personal finance and business etiquette. The career-development collection will include information on vocations and careers, preparing resumes, job-hunting and taking Civil Service tests.

Both collections, Ormsbee said, will be important resources for students in finding stable and high-wage employment.

“The generosity of Sovereign Bank will enable staff and librarians of the Madigan Library to better serve the 21st century career and business needs of the Penn College community,” she said. “These collections will help students and other researchers become more competitive in the global economy and technology-driven workplace.”

“We are so pleased to offer funding that supports the Madigan Library,” said Paul H. Rooney, senior vice president/regional president for Sovereign Bank. “This donation is further evidence of Sovereign Bank’s continued commitment to education and to Pennsylvania College of Technology.”

Wyomissing-based Sovereign Bank is a financial institution with $82 billion in assets as of March 31, with principal markets in the Northeast United States. Sovereign has nearly 785 community banking offices, more than 2,300 ATMs and approximately 12,000 team members. It offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 18th-largest banking institution in the United States.

Pennsylvania College of Technology is a special mission affiliate of The Pennsylvania State University, committed to applied technology education. With more than 6,500 students enrolled in bachelor-degree, associate-degree and certificate majors, Penn College has the second-highest enrollment in the Penn State system.

For more information about making a donation to Penn College, call the Institutional Advancement Office at (570) 320-8000 or toll-free (866) GIVE-2-PC, send e-mail or visit online .

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