SOURCE: BankMobile

BankMobile

April 28, 2017 10:30 ET

BankMobile Foundation Announces Southern New Hampshire University Junior as Winner of Passport Student Success Sweepstakes

Nearly $30,000 Awarded to English Language and Literature Major, Emily Weber, to Pay Off Entire Current Student Loan

NEW YORK, NY--(Marketwired - April 28, 2017) - BankMobile, a division of Customers Bank, and America's fastest growing mobile-first bank, today announced that its Foundation has selected Emily Weber as the next sweepstakes winner for its Passport Student Success Program. Weber is a junior at Southern New Hampshire University, currently completing her Bachelor of Arts degree in English Language and Literature with a dual minor in Business and Creative Writing. She resides in Boerne, TX, where she works full-time at a local motor vehicle office.

The BankMobile Foundation awarded Weber nearly $30,000 to fully eradicate her current student loans. The check was presented to her by Kati Kennedy, Vice President, Relationship Management, BankMobile Disbursements, in Boerne.

"I was truly stunned and then excited to have been selected by BankMobile as the winner of its sweepstakes," said Weber. "I think students should participate in the Passport program because it really encourages you to make good financial decisions. I am so thankful to BankMobile for caring so much about its customers. Its mobile app has made banking so easy for me!"

The BankMobile Foundation serves as a platform to financially empower individuals by promoting financial literacy through: scholarships and grants, sweepstakes, funding socially-minded entrepreneurs and building strategic partnerships with organizations dedicated to promoting financial education.

"We are delighted that Emily has been selected as the winner of our sweepstakes," stated Luvleen Sidhu, President, Co-Founder and Chief Strategy Officer at BankMobile and Director of the BankMobile Foundation. "Our mission at BankMobile is to financially empower our customers. Being able to pay off Emily's entire student loan will help set her up for a stable financial future. We believe in creating a fun, simple banking experience and are thrilled to offer such programs to make banking even more rewarding for our customers."

Passport is the BankMobile Vibe Checking Account rewards program for smart money management, academic achievement, and good financial behavior. BankMobile Vibe is a full-service checking account available at campuses that use the BankMobile Refund Management® service and has the following elements:

  • No monthly fees for students*
  • No overdraft fees
  • No ATM fees within its network of 55,000 Allpoint® fee-free ATMs
  • Free features like online bill pay, card on/off switch, money management tools designed for students and much more

*No monthly fee for students or with direct deposit of $300 or more per statement cycle, otherwise $5.95.

Passport users have the opportunity to earn stamps for chances to win up to $50,000 in the Student Success Sweepstakes, access to surprise & delights, discounts & deals, and more.

To learn more about the BankMobile Passport program, visit: https://bankmobilevibe.com/passport/.

About BankMobile
Established in 2015, BankMobile, a division of Customers Bank, is America's largest mobile-first bank, offering fee-free checking and savings accounts. It provides target customers -- millennials, the underbanked and middle-income households with a digital, effortless, and financially empowering experience. BankMobile offers checking, savings, lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide (BankMobile VIP customers have free access to every ATM in the country, which is more than 400,000 ATMs), a guaranteed higher savings rate than the top four banks in the nation, a personal banker for all customers, and a free financial advisor for VIP customers. BankMobile is operating as the digital banking division of Customers Bank, which is a Federal Reserve regulated and FDIC-insured commercial bank. For more information, please visit www.bankmobile.com.

About the BankMobile Foundation
The BankMobile Foundation serves as a platform to financially empower individuals by promoting financial literacy through: scholarships and grants, sweepstakes, funding social entrepreneurs and building strategic partnerships with organizations dedicated to promoting financial education. The Foundation also has a financial education program that offers a value-add to employers by hosting financial education workshops for their employees to help them live financially healthier lives.

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