PNC Bank and DePaul University have entered into a campus banking relationship, providing banking services with an emphasis on money management and financial accountability for DePaul's 25,000 students.
The agreement also will extend workplace banking services to the university’s more than 5,000 full- and part-time faculty and staff.
PNC customers at DePaul also will have immediate access to PNC’s ATM network, available in 15 states and including more than 150 in Chicago land. Moreover, additional ATMs will be installed on the Loop and Lincoln Park campuses during the university’s spring break.
Additionally, the DePaul Center was selected as the site of the bank’s first PNC-branded location in Chicago when it opens at the university’s Loop Campus in May 2010. Also in May, an electronic financial service center is scheduled to open on the Lincoln Park Campus.
Some of the features of PNC’s banking program include: an option for students and employees to link their DePaul identification card to PNC accounts; personal banking products and services, such as free student checking and Virtual Wallet Student, an online banking program designed to help university students help themselves with money management; a co-branded PNC Bank Visa check card for use at ATMs and to make purchases anywhere Visa is accepted will be available to students, faculty, staff and 139,000 alumni; and customized web site hosted by PNC where students and employees can complete account applications and find financial and money-management information.
Joseph Gregoire, president of Illinois banking at National City, now a part of PNC, said: “PNC is excited to offer DePaul students and employees a smarter way to bank with convenient locations on campus, ATMs throughout Chicago land and cutting-edge online banking services through our Virtual Wallet Student product. Our commitment to DePaul extends beyond traditional banking services and into unique money management solutions, so we can join the school in helping students develop successful, lifelong financial habits at school, work and home.”
Brenda Williams, associate director of financial fitness program at DePaul, said: “We’re doing everything we can to help students get a great start on their financial lives. We offer unlimited, confidential financial counseling and dozens of workshops on such topics as managing college costs, saving for the future and controlling debt.”