Student Life

Banking & Money

Most students live on a limited budget. It is important that you learn how to manage your money well. Familiarize yourself with the value of the dollar and never carry large amounts of cash with you or leave it in your room or apartment.
In the United States it is customary to pay by Debit card, credit card or check, rather than using cash, because it is generally safer. It is recommended that you open a bank account as soon as you arrive to the U.S. This will give you access to your money easily and safely for paying any bills by check, and for obtaining a Debit card.
There are several commercial banks within walking distance of the University. Most banks offer similar services although the service fee might differ. The following banks are located within walking distance of Marymount’s Main Campus:Your name

Opening a Bank Account
In an effort to reduce money laundering, U.S. financial institutions are required to verify the identity of every individual who opens a bank account. Most banks will require two forms of identification such as your passport and Marymount Student ID Card, you will also need a local address where your bank statements can be sent. Banks usually require at least $25 to open an account; banks may also have monthly fees as well as check printing fees, make sure you inquire about what fees you will be charged. Marymount University has an agreement with PNC Bank, please inform the bank representative that you are a Marymount Student and request the no fee student account.

Documentation to bring with you to open your account
  • Your unexpired passport
  • Your I-94 card
  • Your I-20
  • Any secondary form of identification you may have

The banks in the area have automatic teller machines and also provide safety deposit boxes, and international money orders. If you obtain an "ATM" card, keep it in a secure place and do not allow other persons to use it on your behalf.

ATM Safety Tips

  • Never share your bank PIN (personal identification number) with anyone
  • Choose an ATM machine in a well lit area
  • Make sure that you have your ATM card ready before you get to the machine
  • Put cash and card away as soon as you are done with the transaction

Nearby Banks

PNC Bank
MU’s student banking partner
4401 Wilson Blvd.
Arlington, VA 22203
(703) 387-3070

Arlington Federal Credit Union
2130 North Glebe Road
Arlington, VA 22207
(703) 526-0200

Capital One Bank - Arlington
4700 Lee Hwy
Arlington, VA 22207
(703) 812-8550

Bank of America
5226 Lee Highway
Arlington, VA 22207
(703) 538-3870

BB&T
4707 Lee Highway
Arlington, VA 22207
(703) 284-0525

Wells Fargo
2213 N Glebe Rd
Arlington, VA 22207
(703) 284-6395