First of America Bank Corp. said it will install the nation's first bank-issued smart card university system on two Michigan campuses this fall.

The University of Michigan in Ann Arbor and Western Michigan University in the bank's headquarters city of Kalamazoo will offer students, faculty, and staff an identification card that functions as an automated teller machine card, a stored value card, and a building access card.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.