BankMobile Disbursements provides BankMobile Refund Management®, an industry-leading service that processes and disburses financial aid credit balances to students on behalf of college and university administrations and offers an optional checking account for students. Born from an innovative system that transformed this critical campus process over the span of more than 17 years, the revitalized BankMobile service optimizes costs for higher ed administrations and provides a great experience for students that is designed with consumer safeguards in mind.
With decades of combined experience in delivering this solution to approximately 2 million college students at nearly 800 campuses, our Disbursements Management leads a team of more than 200 dedicated experts on Refund Management.
BankMobile offers a mobile-first digital banking experience through its full-service checking account. With a mission of making banking more accessible and affordable to all, BankMobile leverages its proprietary technologies to financially empower millennials, students and others. BankMobile is a division of Customers Bank, a full-service commercial bank that is FDIC-insured and is regulated by the Federal Reserve. Learn more about BankMobile’s management and mission here.