U.S Bank Partners with Six Colleges and Universities to Provide Banking for Campus Identification Card

MINNEAPOLIS (July 13, 2009) – Six colleges and universities have chosen U.S. Bank to offer enhanced banking services to their students, faculty and staff through each school’s campus identification (ID) card. The schools are Benedictine University in Lisle, Ill.; Carroll University in Waukesha, Wis.; Chicago State University in Chicago; Johnson County Community College in Overland Park, Kan.; Milwaukee Area Technical College in Milwaukee, Wis. and Waukesha County Technical College, in Pewaukee, Wis.

U.S. Bank will provide the technology for the banking functionality for each school’s identification card, turning the card into an ATM and PIN-based debit card when linked to a U.S. Bank checking account. All students, faculty and staff can choose from a variety of U.S. Bank financial products and services including checking accounts with no minimum balance and no monthly maintenance fee. 

In addition to the new banking functionality, each school’s identification card already offers a wide variety of services to their students, faculty and staff, including acting as their official campus identification card. For cardholders who choose to open an account at U.S. Bank, these new identification cards will double as their ATM card on and off campus, and can be used as a debit card at merchants in the United States that accept Visa PIN debit.

“U.S. Bank is excited about adding these six terrific new partners to our Campus Banking program,” said Whitney Bright, general manager for U.S. Bank’s Campus Banking division. “Our local branch teams look forward to serving the students, faculty and staff who are interested in the products and services that are available from U.S. Bank.”

In addition to these six new schools, U.S. Bank partners with more than 40 colleges and universities to provide a campus banking program. Others include San Diego State University, Iowa State University, Xavier University and Northwestern University.

U.S. Bank is one of the top student banking institutions in the nation, providing a comprehensive line of student banking products, including campus ID card programs, student loans, Internet banking, U.S. Bank student checking and savings, and Visa Buxxâ prepaid spending cards. For more information on these services, visit usbank.com/studentbanking.

U.S. Bancorp (NYSE: USB), with $264 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,847 banking offices and 5,183 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.