PNC Bank based in Pittsburgh and West Virginia University in Morgantown have agreed to a five-year contract emphasizing money management and financial responsibility for the school’s 39,000 students, faculty and staff. This includes an electronic refund option through PNC’s Payment Portal, a new on-line tool that administers payments and refunds from the school directly to the student’s account.
In addition, PNC will also build a branch bank in WVU’s student center called the Mountainlair. It will be the bank’s first branch in West Virginia, expanding the number of states served by PNC to 14. The bank said it intends to open a full-service branch in Morgantown in the first quarter of next year.
PNC will also offer a co-branded Visa check card with the WVU logo, AutoAlerts to help students monitor spending and account balances and avoid fees and customized co-branded Web sites (www.pnc.com/wvu), hosted by PNC, where students can complete account applications, manage their finances and find financial and educational information on topics including identity protection.
PNC has relationships with more than 100 schools across an eight-state region, including 17 alliance schools that have extensive relationships with PNC, including Penn State University, the University of Pittsburgh, Marymount University and Seton Hall University.