Partnership offers students seven ATM options and a full-service branch on campus
TOWSON, Md. (Aug. 24, 2011)—PNC Bank N.A. will open a full-service bank branch in the University Union of Towson University this week. In addition to branch and teller services, the new location will feature two advanced-function ATMs, capable of accepting deposits and cashing checks to the dollar.
The branch will emphasize smart money management and financial education for Towson’s more than 21,000 students, faculty and staff. As part of the partnership, PNC will also host on-site financial literacy workshops for students and employees with topics that include basic banking, credit management, savings and investing, identity protection and home buying.
“We're pleased to offer our students, faculty and staff a convenient on-campus banking option,” says James P. Sheehan, vice president for Administration and Finance at Towson. “We believe that PNC's products and services make them a great fit for Towson University.”
One of the nation’s largest diversified financial services organizations, PNC has more than 170 branches and 450 ATMs located across Maryland. Other features available to Towson students and employees include seven on-campus ATMs—to be located in the University Union, Administration Building, Newell Dining Hall, Towson Center, Hawkins Hall and West Village Commons—as well as personal banking products and services, mobile and text banking options, and Virtual Wallet® Student, an online banking solution designed to help college students strengthen their money management skills.
“Towson is one of the region’s best regarded and fastest growing universities,” says Louis R. Cestello, PNC regional president for Greater Maryland. “Working together, we will deliver to students, faculty and staff the financial services and support to help them manage their money as they work to achieve their financial goals and objectives.”
PNC replaces Capital One as the university’s official on-campus bank, though a single Capital One ATM will remain available in the University Union until August 2012 in order to provide a smooth transition.