Swords & District Credit Union Limited with the co-operation of the Principal and teachers of the school operate a school saving scheme for all the children.

The main aim of the saving scheme is to encourage the children to adopt a regular savings habit and thereby to sow the seeds of good financial management for the future. The scheme operates as follows:

•  Children joining are issued with a Credit Union card in their own name, which should be used when making a lodgement.
•  A Credit Union representative will call to the school every week to collect the savings from the children. Any amount from €1 upwards can be saved.
•  Dividends will be paid on savings at the same rate as applies to all members of Swords & District Credit Union.
•  Withdrawals from accounts cannot be made in the school. Withdrawals can be made in the offices of the Credit Union; a parent or guardians I D will be required and must co-sign the withdrawal.
•  If any of the children are already members of Swords & District Credit Union they can use the same account number and save through the school, please inform us first before trying to save with the school

 All schools involved receive an annual grant for their participation in the scheme. The following schools in the area operate a saving scheme and any student attending the school can join and save through the school:

• St Cronans Junior National School, Brackenstown
• St Cronans Senior National School, Brackenstown
• The Old Borough National School, Swords
• Mary Queen of Ireland National School, Toberburr
• Swords Educate Together, Applewood
• Oldtown National School
• Ballyboughal National School
• Gaelscoil Bhrian Boroimhe, Sord
• Thornleigh Educate Together, Swords
• Holy Family Senior National School, Rivervalley
• Holywell Educate Together

Benefits for school students:

•  Each student upon joining will receive a small gift
• Students will learn the benefits of membership with the Credit Union and the rewards that come from regular saving
• Opportunity to participate in the annual Credit Union school quiz and CUDA school quiz
• Opportunity to participate in the annual Credit Union poster competition
• Annual grant is given to the school as a result of the children saving with the scheme
• Easter raffle for all active savers
• Summer raffle for all active savers
• Halloween raffle for all active savers
• Christmas raffle for all active savers

 If you would like to start a savings scheme in your school contact the Credit Union on 8400002 for information on setting up your scheme.

SWORDS CREDIT UNION SUPPORTING THE COMMUNITY

Growing with the community