We think the best way to learn about banking is by working in a bank. So, we set up The Bank of Ireland School Bank to offer students some basic financial education.
Benefits of Opening a School Bank
It gives students the chance to work in the School Bank across a number of roles from Bank Manager to Digital Manager, learning about banking and how to work as an effective team.
A team of five senior cycle students in each school will be involved in setting up and managing the day-to-day operations of the School Bank from Marketing to data protection.
And it’s not just the School Bank team who benefit, as all students can open a genuine bank account by visiting the onsite School Bank. There are incentives available for the school.
Services available from your School Bank
The School Bank will be open for a half an hour Monday – Friday, for a week, at times agreed between the school and the appointed School Bank Manager.
Teachers are not required to help run the School Bank – only the School Bank team and the Bank of Ireland Youth Coordinator are needed. During School Bank opening hours, students will be able to visit the ‘branch’ and:
- Open a current account*
- Open a savings account **
*All Bank of Ireland account holders will receive a debit card. This account is only available to students aged 14+
**Savings account can only be opened by students with a current account
Supported by your local branch
The School Bank team will be supported by a dedicated Bank of Ireland Youth Coordinator to ensure the smooth operation of the School Bank, and to support the team with any questions and queries they may have.