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Cash Management Rule

PNC

Below is an exclusive discount and special offer from a local banking company. WVU does not endorse of guarantee the quality of goods or services provided by participating vendors.


Disclosures by PNC Bank per Department of Education Regulation for Cash Management (34 CFR 668)

Summary of West Virginia University Contract with PNC Bank

    • Total consideration in the period July 1, 2020 through June 30, 2021 $315,000.00 plus $112,551.12  rent = $427,551.12
    • Total number of customers holding student financial accounts which originated under the contract from July 1, 2019 through June 30, 2021:  2,159
    • Mean student costs: $14.69 in the year ended June 30, 2021
    • Median student costs: $0.00 in the year ended June 30, 2021