First Global Bank (FGB) extended its generosity a bit further in the west recently when they rewarded two youngsters with financial packages for having developed and maintained early savings habit.
The two, who are residents of Montego Bay, were each awarded $50,000, after their names popped out of the raffle from a pool of several other young savers who are among the holders of the Global Kids and Global Teens accounts at the bank.
On hand to proudly collect his $50,000 cheque at the Fairview Branch in Montego Bay was Ruel Gordon Jr, a student at the Herbert Morrison Technical High School. The other recipient was unavoidably absent and will be presented with her cheque at a later date.
Expressing the view that his chances were almost often nil where winning anything is concerned, the youngster admitted how elated he was to see his luck turned around - an occurrence seemingly designed by 'a genie'.
"I was very surprised when I learned that I was one of the winners of the raffle. I have very little luck, so this is great to know that I can win something," the teen said with a smile of appreciation.
"My parents encouraged me to open the account. In fact, my mother told me that she would match my balance at the end of each month, so whatever I saved she matched my funds. It really pays to save, so I really encourage others to start," he continued. He plans to use the money towards his educational pursuits.
"Since the bank launched this product for young children and teenagers two years ago, the initiative has seen steady growth in the number of young savers," explained Courtney Wilson, assistant vice-president at First Global Bank - Western Region.
"We care about the children of Jamaica because they are really the foundation and in these trying times we are encouraging children to save," Wilson stated.
He further added that a raffle was done with the Global Kids and Global Teens Savers accounts, who maintained healthy balances throughout the year. The two winners from Montego Bay were rewarded with $50,000 each for their efforts.