Dumbarton Credit Union provides support to local primary schools who run a Super Savers Account.
Pupils join at their school and once a week a collection point is provided for pupils to pay into their account with Dumbarton Credit Union.
The main aim of this facility is to educate pupils to save and not just spend. Once they learn the saving habit at a young age research shows that it stays with them all their lives.
The idea is that the child's money is saved and not the parents'. Educating a child not to spend all their pocket money but to save some of it be it 20p or 50p.
To join the guardian/parent must provide identification at the school which is photocopied and returned immediately. If they are already a member of Dumbarton Credit Union then this is not required. The pupil's identification is provided by the school. A short application form is completed and the pupil will be provided with a savings card with an account number.
The pupils themselves operate the collection point in the schools by taking the money recording this on the collection sheet and entering the transaction on the pupil's card. This helps them with counting money and adding and recording balances. They are supervised by volunteer parents/guardians who bank the money for us.
Ask at your child's school or contact us directly.