Branch Bank to Open on Campus
TCF National Bank and NMU have announced a partnership that will bring banking services to campus. Beginning this summer, students and employees will have the opportunity to receive new Wildcat Express ID cards (as pictured), which can be linked to TCF checking accounts. A branch located in the University Center atrium facing the NMU Bookstore will open at a later date still to be determined after the charter is finalized and construction completed.
“As part of this agreement, TCF will make annual contributions to NMU scholarships,” said Andrew Wasilewski (Auxiliary Services). “It will accept responsibility for campus ATMs, offer financial seminars, and support student organizations, athletic programs and campus events. TCF is also committed to hiring NMU students as part of its campus banking team. In a recent NMU student survey, a campus branch bank was the number one request for a new service. We are very pleased to have TCF as a partner in meeting this need.”
According to a company news release, TCF will offer students “totally free checking” with no minimum balance requirements, no monthly service fees and free online banking. Slightly different benefits will be available to employees through TCF’s “Campus Card Faculty and Staff Rewards” checking account. A new Wildcat Express ID card will enable students and employees to access their TCF accounts and also act as an ATM and debit card. ATM locations will include the University Center, Payne-Halverson residence hall lobby, the Learning Resources Center near Starbucks and the Superior Dome near the gift shop.
TCF has brought similar banking services to several universities in the Great Lakes region, including DePaul, Northern Illinois, Saginaw Valley and the University of Michigan. It is a national financial holding company with $13.4 billion in assets based in Wayzata, Minn. More information is available at TCF.