Pioneering FSUCard embarks on next chapter selecting new bank and electronic financial aid delivery partner
Florida State University and its FSUCard program are credited with helping to pioneer campus card banking partnerships. The university inked its first deal twenty-years ago and have been evolving the ID-bank relationship ever since. This spring the campus is going through the process of selecting a bank partner for the next evolution of the program. It seems an ideal time and an ideal program for a profile of what such a relationship can yield.
The Tallahassee, Fla.-based institution enrolled 40,225 students in 2009. There are currently almost 50,000 active FSUCards and a staggering 27,000 cards are produced each year for newcomers and replacements. According to FSUCard Program Director, Richard Wynn, about 14,000 of these cards are for first-time FSUCard holders and an estimated 8,500 of those typically opt for the bank account offering.
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