Page 29 - Spring Newsletter 2024

School Bank

By Ryan O’Connell (TY)

The school bank initiative, introduced last year and now continued into the current

term, is aimed at providing students with their own bank accounts. Spearheaded by
the Transition Year (TY) students this year, the School Bank has launched new
initiatives to encourage more students to open accounts and benefit from financial
literacy.

One of the prominent initiatives involves an extensive poster campaign throughout
the school premises. These posters are strategically placed to provide students with
comprehensive information on the process and importance of setting up a bank
account. By visually engaging the student body, the campaign aims to demystify
banking procedures and highlight the practical advantages of having a bank
account at a young age.

In addition to the informational campaign, the School ank Team has innovatively
organized a raffle. This initiative not only incentivises students to open accounts but
also fosters a sense of excitement and participation within the school community.
Students who have already set up their bank accounts are automatically entered
into the raffle, with enticing prizes awaiting the lucky winners. These prizes, to be
distributed after the Easter break, include Easter eggs and other exciting rewards,
adding a seasonal touch to the banking experience.

Through these initiatives, the school bank is not only providing students with
practical financial tools but also instilling in them a sense of responsibility and
engagement with banking processes from an early stage. By empowering students
to take control of their finances and rewarding their proactive participation, the
school bank is contributing to the holistic development of its student body.

29