Pupils cel­e­brat­ing award from Credit Union

Glamorgan Gazette - - Your Views -

SCHOOL­CHILD­REN in Brid­gend are cel­e­brat­ing their suc­cess af­ter win­ning an award from the Credit Unions of Wales.

Old­cas­tle Pri­mary School pupils vis­ited The Pier­head in Cardiff Bay to re­ceive the top prize from BBC broad­caster Jen­nifer Jones.

They were nom­i­nated for the School Part­ner­ship Award by Brid­gend Life­savers Credit Union af­ter run­ning a suc­cess­ful ju­nior sav­ings scheme for pupils.

This not only helped chil­dren learn about the im­por­tance of sav­ing and fi­nan­cial mat­ters, but also im­proved other skills such as nu­mer­acy and team work­ing.

Ni­cola Field, gen­eral man­ager of Brid­gend Life­savers Credit Union said: “Even though the part­ner­ship be­tween us and Old­cas­tle Pri­mary School is rel­a­tively new, it has al­ready had an in­cred­i­ble im­pact.

“Af­ter a pledge from the school, that meant ev­ery new saver re­ceives £2 in their credit union ac­count, the first week saw 76 pupils sav­ing over £340 of their pocket money.

“Since then, the mem­ber­ship has in­creased to 236 mem­bers with a to­tal of £11,900 of sav­ings with the credit union at the end of the school year.”

Head­teacher Jeremy Ma­lessa-Thomp­son said: “Old­cas­tle Pri­mary School is de­lighted to win the Credit Union School Part­ner­ship Award. The school be­lieves that ev­ery child should have the op­por­tu­nity to start sav­ing and we have worked hard to get as many chil­dren as pos­si­ble to sign up to the school sav­ings club.

“The sav­ings club is run weekly with the help of our Year 4 chil­dren who de­velop nu­mer­acy, team work­ing and com­mu­ni­ca­tion skills.

“Chil­dren visit the sav­ings club and we love to hear what they are sav­ing for. We are ex­tremely grate­ful for the sup­port from the Credit Union.”

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