Student Banking at Wells Fargo
Riverside Community College District and Wells Fargo have teamed up to offer you optional added banking convenience with your Home College ID Card when you choose to link it to a Wells Fargo Checking account.
RCCD Campus Card Agreement with Wells Fargo
For the award year period July 1, 2018 - June 30, 2019
Total Number of Student Customers with Linked Accounts: 1,740
Mean and Median Linked Account Costs:
Annual Mean: $46.62
Annual Median: $5
- Total Consideration Received by Riverside Community College District: $43,730
- Royalties: $20,000
- Operational Support: $8,730
- Marketing: $15,000
Wells Fargo uses information provided to us directly by our customers to identify students with a Wells Fargo Campus Card linked to their accounts.
Mean and median costs reported for this award year period reflect new benefits provided to eligible Campus Card linked accounts beginning in March 2019. These new benefits were available to eligible customers for four out of the twelve months of activity analyzed in the contract data for the most recent award year (7/1/2018-6/30/2019). As a result, the mean and median costs above do not show the effect of a full year of the new benefits.
Checking Account Options Available from Wells Fargo
Riverside Community College District and Wells Fargo have teamed up to offer you optional added banking convenience with your linked Riverside City College Card, Moreno Valley College Card, and Norco College Card. This program offers you choices – you can choose to open an account and you can choose to link that account to your Riverside City College Card, Moreno Valley College Card, and Norco College Card for banking access. Both optional services are available for your convenience.
View the information about the major features and common fees of the checking account offered through this program. The Department of Education’s (ED) Cash Management regulations 34 CFR 668.164(d)(4)(i)(B)(2) (issued October 2015), require institutions participating in T2 (Campus Card) arrangements to list and identify the major features and commonly assessed fees as well as a URL for the terms and conditions of each financial account offered under the arrangement. .
Wells Fargo Bank, N.A. Member FDIC.