As part of ongoing efforts to strengthen financial management among grassroots and community-based organisations, and to better support key demographic groups, JN Bank has relaunched its Affinity Account savings product. The revamped account features enhanced benefits that reward churches, clubs, associations and other organisations, along with their individual members, for saving collectively.
Groups can open a single Affinity Account and, once active, affiliate members can open multiple individual accounts. Both the group and its individual members will then enjoy incentives from JN Group as they save.
Among the incentives the groups stand to benefit from is an โAffinity Bonusโ each year from JN Bank as well as retirement and life protection planning sessions from JN Life Insurance Company. Affiliate members also benefit from a range of exclusive advantages.
A Trusted Partner in Community Growth
โOur Affinity Account offers more than just a safe place to store funds,โ shared Delroy Scarlett, chief of retail sales at JN Bank. โIt rewards groups and their individual members for saving together. The more saved together, the more benefits it will be possible to unlock, helping them to strengthen their returns and build reserve funds faster,โ he added.
Mr Scarlett said the relaunch reinforces JN Bankโs dedication to delivering inclusive, community-centred financial solutions.
โWe have always been deeply committed to supporting communities and groups because we believe in the incredible power of people coming together. Over the years, weโve had the privilege of partnering with and supporting several community champions including service groups, churches, agencies, associations, clubs, and circles, not just as a bank, but as a dedicated partner in their growth and success. This relaunch is yet another way weโre supporting groups and the causes that matter most to them.โ
Tools for Financial Discipline and Transparency
Highlighting its ability to promote financial discipline, Mr Scarlett said the account is a powerful tool for strengthening financial oversight within organisations.
He explained that through the revamped account, JN Bank aims to make saving together simpler, more secure, and more rewarding for groups, while helping them to strengthen their capacity to manage their finances more efficiently and meet their shared objectives.
โThe revamped account offers transparency, control, and convenience in managing group savings. Whether planning a trip or working toward a specific goal, this account helps groups track every dollar. Both groups and individual members also enjoy flexible access to their funds through multiple channels, including on our JN Bank LIVE online banking platform,โ he said.
โIf any group is looking for a meaningful way to engage members and raise funds effortlessly, the JN Bank Affinity Account is the perfect opportunity,โ he added.
Supporting a Broader Culture of Saving
The relaunch of the Affinity Account also forms part of JN Bankโs broader commitment to a culture of saving. It complements other initiatives such as the JN Bank โSavings Dreamzโ promotion and the long-standing JN School Saversโ Programme, all designed to help individuals develop strong saving habits, whether to achieve personal goals or build long-term financial stability.
โBy empowering both groups and individuals, we are helping more people to take control of their future. Saving is the foundation of financial security and the more you save, the better you will be able to respond to lifeโs challenges, seize opportunities and build lasting stability,โ Mr Scarlett concluded.