PNC Bank to Provide Personal
Banking Services to Florida
Tech Students and Employees
MELBOURNE, FLA., Feb. 22,
2011—Florida Institute of
Technology and PNC Bank,
National Association,
announced today a new
university banking
relationship with an
emphasis on money management
and financial education for
the more than 9,000
students, faculty and staff
at Florida Tech.
As part of this arrangement,
PNC will host financial
literacy workshops for
students and employees on
the Florida Tech campus.
Topics covered will include
basic banking, credit
management, savings and
investing, identity
protection and home buying.
The relationship will also
include an automated refund
option through PNC’s Payment
Portal, providing students
with fast, automated access
to school-administered
refunds via a delivery
method of their choosing,
such as direct deposit,
paper check or prepaid VISA®
stored value card.
Other features include:
·
The
option for students and
employees to link their
Florida Tech Panther Card to
PNC accounts, adding ATM and
purchasing functionality to
campus cards used for daily
activities such as entering
residence halls, checking
out library books and
accessing meal plans.
·
Personal
banking products and
services including Virtual
Wallet® Student, an online
banking solution specially
designed to help college
students help themselves
with money management, along
with mobile and text banking
options.
·
An
advanced function ATM in the
Denius Student Center,
capable of cashing checks
down to the dollar, and an
additional cash dispensing
ATM convenient to student
housing.
·
Customized
web sites at
www.pnc.com/fit, hosted
by PNC, where students will
be able to complete account
applications and find
financial and educational
information.
·
One
free incoming wire transfer
per monthly statement cycle
and one free courtesy
overdraft fee waiver on the
first non-sufficient funds
incident during the 12
months after account
opening.
About Florida Institute of
Technology
Founded at the dawn of the
Space Race in 1958, Florida
Tech is the only
independent, technological
university in the Southeast.
With 9,000 students enrolled
on main campus, extended
campuses and online, Florida
Tech has been named a
Barron's Guide “Best Buy” in
College Education,
designated a Tier One Best
National University in U.S.
News & World Report, and is
one of just nine schools in
Florida lauded by the 2011
Fiske Guide to Colleges. The
university offers
undergraduate, graduate and
doctoral programs. Fields of
study include science,
engineering, aeronautics,
business, humanities,
mathematics, psychology,
communication and education.
Additional information is
available online at
www.fit.edu.
PNC Bank is a member of The
PNC Financial Services
Group, Inc. (NYSE: PNC). PNC
(www.pnc.com)
is one of the nation’s
largest diversified
financial services
organizations providing
retail and business banking;
residential mortgage
banking; specialized
services for corporations
and government entities,
including corporate banking,
real estate finance and
asset-based lending; wealth
management and asset
management. Follow @PNCNews
on Twitter for breaking
news, updates and
announcements from PNC.
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