AS part of the AIB ‘Build a Bank’ Challenge, six Transition Year students (with the help of 4 assistants) from St. Mary’s Secondary School, Macroom have recently set up their own school bank.
The school bank team decided to call their bank – Space Savers Bank. The Space Savers will open in the school canteen every Tuesday under the supervision of Eleanor Hickey, Student Officer at AIB Macroom and Ms. Arlene O’Donoghue, their Business Teacher.
The students involved are: Caoimhe Moynihan, Hanna Donovan, Katie Sheehan, Jessica Buckley, Savannah Hickey, Mirium Murnane, Aimee O Herlihy, Elaine Kelliher, Anna O Leary and Eileen Condon. The school bank team have designed their bank around market research so that they have a bank available in the school that completely meets the needs of their target market.
In October all Transition year students in the school were invited to apply to AIB to be chosen to run the 2017/2018 school bank. The students applied for the positions by filling in an application form and all who applied were interviewed by two AIB Bank Officials.
The AIB ‘Build a Bank’ Challenge, which is now in its 16th year, is an exciting and fun way for Transition year students to set up and run their own school bank. The competition is of huge benefit to the students involved as it introduces them to the world of business and banking, teaching them new skills such as money managing, marketing strategies, customer service skills, leadership and teamwork skills. The school bank competition also benefits all of the students in St Mary’s as it encourages them to lodge and save their money on a regular basis.
Recently, The Space Savers Bank held their fantastic Launch Party, at which students could lodge money, open an account if they did not already have one and enjoy music, sweets , buns and cakes. They also had an opportunity to chat to and take pictures with special guest – Hazel Long (the social media star – Make up by Hazel). There was huge excitement at this event and the students were all very keen to get involved and start saving. There were competitions for all students who lodged money or who opened an account on the day.
As the girls progress in this competition they have lots of amazing fun ideas that will keep their customers happy and most importantly keep them saving. The girls will be taking part in the Regional Final in Cork on the 6th of February.
The school and the students involved would like to take this opportunity to sincerely thank all local businesses who sponsored prizes for their launch party, this is very much appreciated.
The sponsors are: The Bigger Picture, Corrigans Insurance, Granvilles, Enchanted Flowers, Dunnes, Anne Marie’s Beauty Salon, Connections, The Castle Hotel, Moon Balloon, Muse, No 57, Railway View Pharmacy, Haven Pharmacy, Deasy’s Pharmacy, The Movement, Deloitte Accountants, Lynch’s Hairdressers, The Auld Triangle, Michael Twomey Butchers.