Student Banking

Student Banking

BankMobile

Schools receiving federal funding under Title IV are required to display their contracts with third party processors of student refunds. Kent State University has contracted with Customers Bank to process student refunds. Select this link for a copy of the contract between KSU and BankMobile, a Division of Customers Bank.

In accordance with Department of Education regulations, we post figures from BankMobile, a Division of Customers Bank about this program's annual consideration, participation, and costs. The annual report from BankMobile, a Division of Customers Bank for the program year that ended June 30, 2020 can be found here

2015 the Kent State University Board of Trustees approved a 12-year contract with PNC Bank to provide banking services to the university.  Select this link for a copy of the contract between KSU and PNC Bank.

To review student banking features and fees, select the link here.
 

In accordance with Department of Education regulations, we post figures from PNC Bank about this program's annual consideration, participation, and costs. The annual report from PNC Bank for the program year that ended June 30, 2020 is as follows:

  1. Total consideration paid in the period July 1, 2019 through June 30, 2020: $412,500.00
  2. Total number of customers holding student financial accounts which originated under the contract from July 1, 2018 through June 30, 2020: 2,749
  3. Mean student costs: $16.20 in the year ended June 30, 2020
  4. Median student costs: $0.00 in the year ended June 30, 2020

 

Opening a PNC Student Bank Account

For additional information regarding PNC student banking or to open up a PNC student bank account, please select Virtual Wallet on PNC’s Kent State University homepage.