LEXINGTON, Ky. (August 24, 2018) — The University of Kentucky and PNC Bank NA, a member of PNC Financial Services Group Inc. (NYSE: PNC), officially opened their new financial services center on the UK campus to serve more than 45,000 students, faculty and staff . It is the first PNC university bank branch in Kentucky.
Located in the Gatton Student Center, the 645-square-foot branch is staffed with two full-time consultants to assist clients with transactions. The branch is open from 8 a.m. to 5 p.m. Monday to Friday.
On campus, clients will have access to interactive financial planning tablets and advanced ATMs. These advanced ATMs allow customers to deposit and withdraw cash, including $1 bills, transfer funds between accounts, and retrieve account information.
“PNC and the University of Kentucky share a commitment to educating students about successful financial management practices,” said John Gohmann, PNC regional president for Lexington. “In addition to providing world-class products and services, we can help students, faculty, and staff manage their money smarter and achieve their financial goals.”
“The University of Kentucky and PNC Bank have partnered on various initiatives over the past few years, and we are thrilled to see this new financial services center open in the Gatton Student Center,” said Eric N. Monday, vice -Executive Chairman of the United Kingdom. for finance and administration. “We are committed to providing substantial benefits to our campus community and promoting financial literacy among our students. This location – and this partnership – supports these goals.
Students can register for Virtual Wallet Student, an online and mobile account to manage their expenses, plan and save. For parents, the account has alerts, a “send money” feature, and expense tracking. Accounts feature one free incoming wire transfer per monthly statement cycle and free overdraft fee waivers for the first 12 months.
Financial support and advice is available for the UK’s MoneyCATS peer education and coaching program, as well as on-site workshops on personal financial management and financial literacy. Topics include basic banking, credit management, saving and investing, identity protection, and buying a home.
PNC account holders also have the option of linking their account to their Wildcat ID, which can be used to easily access cash at all PNC ATMs.
Five additional PNC ATMs are located on campus at 90, William T. Young Library, Funkhouser Building, Johnson Recreation Center, and University Health Service.
The bank has relationships with over 400 colleges and universities.
PNC has 2,700 branches and 7,400 ATMs in 19 states and the District of Columbia. Students can go to www.pnc.com/studentbanking to complete account applications and find financial and educational information.
PNC Bank, National Association, is a member of PNC Financial Services Group Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and a local offering of personal and business banking services, including a full range of loan products; specialized services for businesses and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For more information about PNC, visit www.pnc.com.