Credit Unions in Wales award pupils for School Saver Club competition

By Patrick Thorpe posted 29-11-2019 17:07:07



Young artists and filmmakers across Wales have used their creative talents to highlight the importance of saving regularly with their local credit union.

The winners of the School Partner Competition were announced at the Senedd by Jane Hutt AM, Patron of Credit Unions of Wales.

Pupils and teachers were treated to a VIP tour of the Senedd before trophies were presented to the winners who entered any three categories to design a poster or make a film celebrating their school saver club. 

Jane Hutt AM said: “School Savings Schemes are a fun way to help children understand personal finance while also helping them develop their numeracy skills. This method of saving has a positive impact on young people by creating a good financial ethos for the future while also allowing them to develop basic accounting, book-keeping, teamwork, record-keeping and organisational skills.”

The visit coincided with the launch of the Credit Union School Partner mark to be used by all schools who work in partnership with a credit union to promote savings. Policy Officer of the Credit Unions of Wales, Claire Savage said: “Teaching children how to save from an early age is an important lesson for their long-term financial wellbeing.

“Having a savings account makes children understand the value of money and can encourage them to develop positive financial habits as they grow up.

“That’s why Credit Unions of Wales wanted more pupils to celebrate its School Saver Clubs in a creative way.”