VCU is seeking proposals from qualified financial institutions to provide a Campus Card Banking Services solution that establishes a campus presence through ATM placement, optional campus card debit integration, marketing engagements and financial literacy educational programming for students, faculty, and staff. Firms are encouraged to propose innovative, customized solutions that leverage their organizational expertise. While the VCU has outlined key goals, Firms have the flexibility to design and propose a program structure, delivery model, and engagement strategy they believe will be most effective. VCU expects the following outcomes from the awarded banking relationship: Installation and maintenance of ATMs at strategic campus locations. Establishment of a formal marketing and branding relationship, allowing the selected bank to engage the University community through approved co-branded materials and presence at campus events. Financial education and student engagement strategy, including on-campus account opening, financial wellness workshops, and tailored services for students, faculty, and staff. Link bank accounts with VCU’s campus cards, enabling the card to function as a debit card for purchases and ATM transactions. ATM Installation and Servicing: Deploy and maintain a network of ATMs across campus. The current banking provider currently maintains one (1) ATM location adjacent to the University bookstores on the Monroe Park Campus. The vendor may propose alternate locations throughout campus, including the Student Commons on the Monroe Park Campus, the bookstore on the Medical Campus and otherwise Offer surcharge-free access for account holders and consider broader network affiliations (e.g., Allpoint, MoneyPass). Campus Card Integration: Link bank accounts with VCU’s campus card program to enable debit card functionality. Support expedited debit card linking at new student orientation and other Campus Card Services events. Provide for discounted fee structures to students and staff for banking services Provide regular reporting on program participation...
