I see Higher One has a partnership with a bank? Why and how does that work?

All banking transactions are covered by the FDIC through the banking partnership that Higher One has in place. Higher One handles all customer service, transaction processing, and operations. The company has handled more than $1 billion dollars in refund payments and more than 125,000 students actively use the services of the OneAccount.

Contact: 
San JacCard.com
Department: 
Higher One