Huntington National Bank has been selected as the University of Michigan’s official consumer bank, enabling Huntington to offer a variety of benefits and banking services to the more than 100,000 students, faculty and staff at UM-Ann Arbor.

Under the agreement, Huntington is providing financial support over the life of the contract for scholarships and sponsorships of student organizations as well as opportunities for students through its internship and RISE — Recognizing Individuals for Sustained Excellence — programs aimed at introducing students to careers in financial services.

Students, faculty and staff have the option of linking their MCard to a Huntington checking account so it can be used as a debit card. The bank is also partnering with university departments to help invest in additional financial literacy programs designed to help members of the U-M community lead financially successful lives.

Benefits offered to U-M students, faculty and staff under the agreement include premium interest-bearing checking accounts with no monthly maintenance fees, mortgage closing costs discounts, six ATMs on campus, and a variety of other account services and products.

“Huntington is the bank of choice across the state of Michigan and we are proud to be the bank of choice for students, faculty and staff of the University of Michigan,” said Gary Torgow, chairman of Huntington’s board of directors. “Through this partnership, we provide exceptional banking services to the university community and deepen our commitment to making people’s lives better, helping businesses thrive, and strengthening the communities we serve across the state.”

“We selected Huntington Bank to be the university’s official consumer bank after a thorough and competitive bid process,” said Drew Smith, interim vice president for finance at U-M. “It is important for U-M to partner with a bank that is committed to offering our students and employees outstanding customer service and a variety of financial services and benefits. Beyond that, Huntington’s strong local presence offers members of the U-M community easy and convenient access to these services.”

Huntington has approximately 300 branches across the state of Michigan and operates eight branches in or near Ann Arbor.