PENN STATE STUDENTS, STAFF AND FACULTY EMBRACE PNC BANK

SERVICES THAT ARE ACCESSIBLE THROUGH PENN STATE’S MULTI-PURPOSE

id+ Card CAMPUS CARD

Seamless enrollment and easy banking access created cardholder loyalty, prompting PNC and

Penn State to extend a PNC Bank-Penn State campus card
banking agreement to 2013

STATE COLLEGE, Pa., April 13, 2007—The Pennsylvania State University and

PNC Bank, N.A. announced today that its banking services agreement for
campus Penn State id+ Card holders, which began in 2002, will be extended
through the end of 2013. PNC Bank’s exclusive free banking services are
available to all id+ card holders and have been embraced by students,
staff, and faculty members.

“PNC has shown that they are committed to meeting the needs of our
students, faculty, and staff. We are very pleased to continue our
partnership and develop innovative new services to benefit our students,
faculty, and staff,” said Gary Schultz, Senior Vice President for Finance
and Business/Treasurer.

"Our relationship with PNC has been a wonderful benefit to our
students, faculty, and staff over the past five years," said Joel Weidner,
director of information systems in Auxiliary and Business Services at Penn
State. "We have been so pleased with the services and collaboration that we
negotiated this new longer-term agreement early."

The id+ card is issued to every student, staff, and faculty member.
The id+ card can be used as a direct and secure tool that can access linked
PNC Bank accounts that are opened at any PNC Bank branch or through PNC’s
www.pnc.com web portal.

The Penn State-PNC Bank agreement provides nearly 70,000
students--plus more than 16,000 faculty and staff on Penn State’s campuses
across the Commonwealth--with access to a variety of PNC resources,
including free checking accounts, free online banking and Web Bill payment,
and free linking of the University ID card to their PNC bank accounts and
customized web sites. In addition, PNC customers from Penn State can
register for free PNC AutoAlerts to monitor spending and account balances.
PNC also has an extensive and growing ATM network, with ATMs located on 17
of the 23 campuses at the present time.

“Through the successful collaboration of Penn State and PNC we have
established a campus card program that is on the leading edge not only in
technology, but in demonstrated value to the students, faculty, and staff
who use it every day,” said Dennis P. Brenckle, regional president for PNC
Bank.

Educating the Penn State population about ID theft, budgeting, and
credit are other major components of the PNC’s continued commitment. ”We
feel accountable for the financial well being of our Penn State customers,
particularly the students who need to know how to use banking tools
wisely,” said Nick Certo, manager of PNC’s University and WorkPlace Banking
programs.
 

PNC maintains an Electronic Customer Service Center in the
HUB-Robeson Center at Penn State’s University Park campus, in addition to a
web station and an advanced function
ATM. PNC Bank’s College Avenue branch across the street from Penn State’s Old Main was
remodeled in 2006 to support PNC’s growing relationship with the
university. That facility includes four advanced function ATMs. In total,
there are 20 ATMs available to students,
PNC has formal relationships with more than 100 schools across an
eight-state region. This includes 12 alliance schools that have extensive
relationships with PNC including the University of Pittsburgh, Temple
University and the University of Pennsylvania.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the
nation’s largest diversified financial services organizations providing
retail and business banking; specialized services for corporations and
government entities, including corporate banking, real estate finance and
asset-based lending; wealth management; asset management and global fund
services.