Talented Bridgend Pupil Scoops Credit Union Award

Budding young artist Dylan Davies has scooped a Credit Unions of Wales award for designing a winning poster celebrating the saving scheme run at his Bridgend school.

The seven-year-old pupil and fellow classmates from Penyfai Church in Wales Primary School enjoyed a VIP tour of the Senedd and a special presentation ceremony thanks to Jane Hutt AM, the Patron of Credit Unions of Wales.

She 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.”

Winners of the School Partner Competition received trophies for designing a poster or making a film celebrating their school saver schemes.

Dylan’s winning entry in the 4-7 year-old category has been reproduced into a poster to advertise school saver clubs across Wales.

Penyfai Church in Wales Primary School headteacher Mike Street, added: “We are all exceptionally proud of Dylan and so pleased that he has received recognition for his outstanding levels of creativity.

“The school savings scheme has been a huge success at Pen-y-Fai and is going a long way to teaching our pupils such vital, life-long skills”

The event also 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.

Nicola Field, General Manager of Bridgend Lifesavers Credit Union 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 their School Saver Clubs in a creative way.”

To find out more about school saver schemes view here

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