Refund Policy and Disclosures

There are no refund account options preselected for students. There is a PNC Bank branch office on campus, but students are not required to open an account with this financial institution.

The agreement between the Board of Trustees of Western Michigan University and PNC Bank can be viewed at:

PNC Bank and WMU Seventh Amendment to Lease (currently being meditated for accessibility) 

A check will be issued if the student does not set up an electronic fund account.

Disclosures

1. Total consideration paid in the period July 1, 2024, through June 30, 2025: Contract payment of $10,000 + branch rent of $45,510.18 + ATM rent of $65,750.00 = $121,260.18 total consideration
2. Total number of customers holding student financial accounts which originated under the contract from July 1, 2023, to June 30, 2025: 1,427
3. Mean student costs in the year ended June 30, 2025: $10.82
4. Median student costs in the year ended June 30, 2025: $0.00

PNC Simple Checking Features and Fees

PNC Simple Checking Features and Fees information.

PNC Personal Account Agreement

PNC Personal Account Agreement information.