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Thistley Hough Academy open their own bank with Novus

Novus has invested in the school banking project to help pupils manage their own money

Posted by Lucinda Reid | March 17, 2017 | Law, finance, HR

Maintenance, refurbishment and new build contractor, Novus Property Solutions, has been instrumental in the successful launch of a banking project at a secondary school in Stoke-on-Trent. 

Thistley Hough Academy has opened its own bank with the help of Novus, who constructed the school’s new on-site facility, and The Hanley Economic Building Society, to teach students the valuable life skill of managing their own money. Novus constructed the on-site bank, situated in a disused area of the school, in just five days.

The pupils can open their own Thistley Dollars accounts to manage online, with Novus chairman Stuart Seddon donating £1 to each pupil who does so.

Novus has built up a close ties with Thistley Hough and this project is just one of a number of collaborations with the academy as part of their Business Class scheme partnership which is a national education-focussed initiative driven by Business in the Community, one of the Prince of Wales’ charities.

Sophie Seddon, Marketing Manager at Novus Property Solutions, said: “Thistley Dollars is a great opportunity for pupils to not only open a bank account but also learn how to manage money. It’s a crucial step in arming them with financial skills, crucial for when they leave school. We’re delighted to have played such an important role.”

Project co-ordinator Chris Dillon, Thistley Hough’s Director of Mathematics, added: "Supporting students to develop their understanding of the world of finance is a vital part of our work at the academy. The banking project is already proving very popular, with more than 200 of our students already signed up and more accounts opening daily. Novus has played a huge role in the bank’s success and we’re very grateful for its continued support.”

For more information about Novus Property Solutions please visit www.novussolutions.co.uk

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