The First Blue Bank of the Helen S Dunn School is now in operation! Thanks to an amendment to the Class Constitution,
available here, the teacher now has the ability to create and maintain a class bank, where students can earn blue bucks for their on-time homework, and can get a sense of how money operates in the real world. As of right now, students earn a base pay of $1.00 per on-time assignment, and a base fee of $1.00 per late or missing assignment.
First Blue Bank of the Helen S Dunn School
“Your money is safe
with us.”
Hours of Operation, Room 27 Branch:
Monday 7:30 AM - 8:00 AM
1:00
PM - 1:30 PM
Tuesday 7:30 AM - 8:00 AM
9:30
AM - 9:59 AM
Wednesday 7:30 AM - 8:00 AM
12:00
PM - 1:00
PM
Thursday 7:30 AM - 8:00 AM
9:30
AM - 9:59 AM
Friday 7:30 AM - 8:00 AM
12:00
PM - 12:30
PM
Constitutional Justification:
“The teacher shall have the power
to coin or print money; regulate the value thereof, and of foreign coin or
money; fix the standard of weights and measures; and establish and operate
banks. The teacher shall also have the
power to provide compensation for work done by students, and the power to lay
and collect taxes, fines, and fees. All
taxes, fines, fees, and compensation will be uniform throughout the class.”
1.
Clients may engage in banking during regular
hours of operation, or “banking hours.”
2.
Clients have full access to the funds in their
accounts (“money”) during banking hours, and may withdraw or deposit money as
they see fit.
3.
Clients have the right to know for what purposes
their moneys are being spent.
1.
The First Blue Bank of the Helen S Dunn School
(“bank” or “the bank”) has the right to restrict client access to banking hours.
2.
The bank may provide interest-bearing accounts,
and has the right to regulate interest levels as it sees fit.
3.
Deposit accounts will receive no interest.
4.
The bank may charge clients with reasonable
fines for overdrawing on their accounts,
5.
The bank reserves the right to invest in
whatever businesses, ventures, or institutions it deems worthy of investment.
6.
The bank may update this list of rights after
due notice to its clients.