This week Caherciveen Credit Union officially launched its Bizzy Bee’s School Savers programme for primary level with Scoil Saidhbhin, Caherciveen.
This junior savings initiative aims to combine fun aspects along with educating junior savers about the building blocks of learning to save. The programme is being piloted in Scoil Saidhbhin but it is being rolled out to all primary schools in the Caherciveen Credit Union common bond area in the coming months.
At the launch this week Elma Shine, Manager of Caherciveen Credit Union welcomed Principal Mary Sugrue and the pupils from 6th class to the Credit Union to learn more about the programme. Each junior saver will be able to purchase €1 Bizzy Bee savings stamps and when their savings book reaches 30 stamps they will be able to redeem the value or place the savings in to a Credit Union account. Each pupil will also receive a fun prize every time a Bizzy Bee savings book is completed.
As Elma Shine shared “we wanted to create a programme that our junior savers found fun and could see the merit of their hard work every time they completed a Bizzy Bee savings book. Plus we wanted to introduce our junior savings stamps in small amounts to help nurture a savings habit in amounts that were manageable for them to buy with their pocket money.”
Elma further explained “working with the schools is vital for the success of this programme as we fully appreciate the key role both teachers and parents can play in encouraging the junior saver and we want the children to feel a sense of ownership in relation to this being their own dedicated savings programme.” There was double excitement for Scoil Saidhbhin this week as Caherciveen Credit Union confirmed they will be sponsoring a full set of new jerseys for the school.
The great relationship Caherciveen Credit Union has honed over the years with all local schools in the school quiz continues this weekend 31st Jan at Foilmore Community Centre as they host the Caherciveen Credit Union School Quiz. A highly established event on the calendar each year Elma Shine looks forward to supporting the competing teams at this weekend’s event.