AKRON, Ohio, August 7, 2012 -- PNC Bank, N.A., and The University of Akron announced today a new university banking relationship with an emphasis on money management and financial education for the more than 30,000 students, faculty and staff.

As part of the relationship PNC will offer on-site workshops on personal financial management and financial literacy. Topics covered will include basic banking, credit management, savings and investing, identity protection and home buying.

"PNC's demonstrated commitment to financial education, innovative personal banking tools and extensive branch network in Ohio make this relationship a good fit for the University," said Charles J. Fey, vice president for Student Engagement and Success at UA. "We look forward to working with PNC to enhance the campus experience for our community."

The relationship will include a new electronic financial services center located inside the Student Union. The electronic financial services center will open prior to the 2012-2013 school year, and include two on-site customer service representatives, and one advanced function ATM capable of accepting deposits and cashing checks down to the dollar.

Additional features of the arrangement will include:

• Personal banking products and services including Virtual Wallet® Student, an online banking solution specially designed to help college students help themselves with money management, along with mobile and text banking options.
• A total of seven on-campus ATMs, including one advanced function ATM in the electronic financial services center, and six cash dispensing ATMs in the following locations: Student Union, Bierce Library, Simmons Hall, Polsky Building, College of Business Administration, EJ Thomas Performing Arts Hall.
• Customized website at www.pnc.com/uakron hosted by PNC, where students and employees will be able to complete account applications and find financial educational information.

"As the largest bank in Ohio, PNC is already a trusted member of the Akron community as well as the communities in which the students and staff call home," said Kevin Thompson, regional president for PNC Bank in Akron. "We recognize the importance of providing tools and education to help our customers make smart financial decisions. We look forward to bringing these resources to the University of Akron community."

PNC maintains a presence in Northeast Ohio through ongoing support of the area’s leading cultural institutions and economic development. The bank offers advice and financial solutions to the entire region through its retail banking team at more than 110 local branches, including its East Exchange branch located conveniently near the University of Akron campus at 153 East Exchange St. PNC also has university banking relationships in Ohio with Case Western Reserve University, Notre Dame College, Bowling Green State University, Miami University, Muskingum University, and the University of Cincinnati.

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. Follow @PNCNews on Twitter for breaking news, updates and announcements from PNC.

CONTACTS:

PNC:
Saul Boscan
(312) 384-4639
saul.boscan@pnc.com

University of Akron:
Laura Massie
(330) 972-6476
massie1@uakron.edu