WCTC seeking on-campus bank branch

By Allison Fox - Freeman Staff

July 31, 2014

PEWAUKEE - Waukesha County Technical College is moving forward with its plan to add a new banking partner on campus for the benefit of students and teachers.

In 2009, WCTC conducted a survey, asking students and staff if they would utilize a full-service bank branch on campus. A total of 629 responded and 69 percent said yes.

Now, the college is starting its search for a banking partner for its Pewaukee campus.

The college desires a bank that will provide personal banking for students, including online banking. The bank will also provide educational programs to promote basic financial knowledge to students, according to the request for proposals.

The proposal states the bank must also link a personal bank account to a student's MyCard - an ID card system for staff and students featuring the ability to use the card as a declining-balance debit card on campus.

There is a temporary 14-by-7 foot space available in The Hub, a dining area for staff and students. Although, in a few years, WCTC will be remodeling The Hub and the bank may need to change locations.

The deadline for banks to submit proposals to the college is Aug. 13, and the school wants to open the bank on July 1, 2015, according to the request for proposals.