The AIB build a Bank Challenge is a fun initiative for Transition Year and 5^th Year students to run their own School Bank with the support of AIB.

What is the AIB Build a Bank Challenge?

·         The AIB Build a Bank Challenge is a competition where a team of six students per school are involved in the setting up, running and day-to-day management of a bank in their school.

·         The School Bank Team has the opportunity to be involved in all aspects of banking from sourcing new customers to opening AIB accounts and encouraging regular savings and new ways to bank such as AIB Phone and Internet Banking.

·         The School Bank Team will also have responsibility for providing on-going customer service for their customers and keeping accurate financial records. In fact, everything it takes to run a bank!

·         The challenge involved Regional Finals throughout the country in March were schools compete against other schools for a place at the National Final in May. There are lots of prizes to be won along the way for both the school and the individual team members.

How does it all work?

·         All schools that participate in the AIB Build a Bank Challenge are invited to attend a Regional Final and present their School Bank.

·         At each Regional Final, three Category Winners (Best Teamwork, Best Exhibition and Best Customer Loyalty) and one overall winner are chosen and awarded a specially commissioned trophy for reaching this stage. The four inning schools at each Regional Final will win both a school prize and each individual on the team will also win a prize. Only the overall Regional Winner goes forward to the National Final.

·         At the National Final, all the Regional Winners compete and present their School Bank. 1^st, 2^nd and 3^rd place are announced and the three winning schools are awarded a school prize, plus each individual on the team will also win a prize.

·         AIB selects at least one “Wildcard” from the Regional Finals to go through to the National Final.

The Coachford College School Bank Team for 2009/2010 is:

Manager: Kevin Barry Murphy

Assistant Manager: Maria Meehan

Auditor: Paul Murphy

Sales and Marketing Executive: Maria Lucey

Teller: Ellen Daly

Teller: Susan Goulding

The school bank was opened in November 2009 by Cork dual star Briege Corkery. The team ran many competitions during the school year including a slogan competition for years. The winning slogan was “It’s as easy as 1, 2, 3 just bank with AIB”

Teacher in Charge: Ms. J. O’Keeffe