First Blue Bank of the Helen S Dunn School

     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.”

Client Rights:

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.

Bank Rights:

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.