Huntington Bank, Columbus, Ohio, has launched a new service for Ohio State University that will enable its students to link their Buck ID cards to their Huntington checking accounts at no charge. The service is part of Huntington’s $125 million partnership announced by bank and university officials last month.
Students can now access their checking account at Huntington ATMs and for point-of-sale transactions. More importantly, the new service means students now only need to carry one card for their campus and banking needs.
Under the agreement, Ohio State is receiving $25 million from Huntington, which the university will use for academic scholarships and educational programming. The agreement also allows the bank to offer products and services to the school’s more than 600,000 students, faculty, staff and alumni.
Huntington will also provide 20 Ohio State paid student internships for each year of the partnership. Additionally, the bank committed $100 million in dedicated community lending and investments to support Columbus’ economic development.
Huntington plans to install up to 12 more ATMs to go with the 12 already on campus as well as add up to four branches on the main campus.