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Riverside CC District selects Wells Fargo for campus card banking

Riverside Community College District, a family of three distinct California institutions with 30,000 students, will add Wells Fargo financial services to the district-wide campus card program. The program will launch this summer at RCCD campuses in Riverside, Moreno Valley and Norco. Students will be able to choose to link the new RCCD College Card to a Wells Fargo checking account and can then use the card for ATM and point-of-sale (POS) transactions.

WELLS FARGO TO PROVIDE ENHANCED COLLEGE CARD BENEFITS, FINANCIAL SERVICES TO RIVERSIDE COMMUNITY COLLEGE DISTRICT

Enhancements link RCCD College Card to Wells Fargo accounts

RIVERSIDE – March 29, 2007 – Riverside Community College District (RCCD) has selected Wells Fargo to provide financial services opportunities to students, faculty, and staff through the District’s new College Card, which will also serve as an official campus ID card.

The program, to be introduced this summer at RCCD campuses in Riverside, Moreno Valley and Norco, will offer the option to link the enhanced RCCD College Card to a Wells Fargo checking account. The card may be used for ATM and point-of-sale (POS) transactions everywhere PIN pads are present. Plus, as an official campus ID card, the RCCD College Card will provide access to various campus services, such as library access, entry to campus events and more.

“We are very excited to offer this opportunity with Wells Fargo for our students, faculty and staff,” said RCCD Vice Chancellor of Student Services Debbie DiThomas. “After a competitive request for proposal process, the district selected Wells Fargo because of the company’s commitment to the community and its track record in the campus card market. We look forward to a successful relationship.”

RCCD College Card cardholders who link their cards to Wells Fargo checking or savings accounts will enjoy the convenience of Online Banking and My Spending Report, an online tool that categorizes purchases and helps manage and organize finances. In addition, financial aid disbursements will be accessible through the RCCD College Card when student cardholders open a free Wells Fargo College Checking® account. Wells Fargo will provide onsite account opening services for university students, faculty and staff during peak registration and orientation times.

“We are committed to building lasting relationships with our customers, and by establishing connections with students now, we are helping them build healthy financial habits that will serve them well over their lifetimes,” said Richard Domagalski, Wells Fargo regional president for the Inland Empire. “This program is a stepping stone towards a bright financial future and we’re excited to partner with the Riverside Community College District.”

Wells Fargo has the fourth-largest network of ATMs in the nation, with 32 in Riverside, Moreno Valley and Norco, and more than 6,700 ATMs in 23 states around the country. Members of the RCCD community will be able to conveniently access cash through their linked RCCD College Card at any ATM, and at all Wells Fargo ATMs for free.

Wells Fargo offers a wide range of products and services especially developed for students – including Wells Fargo College Checking® account, Wells Fargo College Visa® Credit Card, student loans, insurance, financial education workshops and the Hands on Banking® financial literacy training program available in English and Spanish at www.handsonbanking.org and www.elfuturoentusmanos.org. Students can find more information about Wells Fargo Student Financial Services at www.wellsfargo.com/student/.

Wells Fargo & Company is a diversified financial services company with $482 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 6,000 stores and the internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest credit rating from both Moody’s Investors Service, “Aaa,” and Standard & Poor’s Ratings Services, “AAA.”

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