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Looking to increase student ownership and create a classroom economy that runs itself? Add "Banker" as a job position! Check out these suggestions on how to incorporate Banker positions into your economy with ClassEquity.
Giving Bank Managers access to send transactions
Option 1: Log in to your Teacher account, and let the Bank Manager to do their thing!
Option 2: Upgrade to Pro to add a "Banker" co-teacher. Then, follow these steps:
Create a new Teacher Account with a placeholder email (i.e. [email protected])
Write down the password! (you will not be able to reset password if the email address is not real)
Shoot us a message to let us know when you've upgraded your account to Pro and created a banker manager Teacher Account. We will give you a code to add your bank manager as a co-teacher for free!
Give log in information to your Bank Manager. Now, they can send deposits from this account!
*Note: When you view student activity from your My Classes Page, you are able to see which class the transactions are coming from. This allows you to see exactly what your Bank Managers are sending to each student.
Now that students have access to deposits, give them a quick demo of how to send a transaction. We recommend that they send a custom bonus for the amount on the ledger with the title "Deposit <Date>".
Banker Job Descriptions
Bank Teller
Job Description
Transfer deposits from deposit slips onto bank deposit log.
Give to Bank Teller Assistant to check for accuracy.
Job Qualifications
Must be highly organized.
Must have an aptitude in math and strong attendance.
Requires a recommendation.
Bank Teller Assistant
Job Description
Accept money for deposits from Bank Teller.
Verify information on deposit slips & bank log.
Initial bank log once accuracy of log is confirmed.
Organize money and return to classroom bank.
Give the bank log to Bank Manager so digital deposits can be made on ClassEquity.
Job Qualifications
Must be highly organized.
Must have an aptitude in math and strong attendance.
Requires a recommendation.
Bank Manager
Job Description
Enter student deposits on ClassEquity using the bank log filled out by bank tellers.
Initial each log once digital deposit or withdraw has been made.
Return bank log to Bank Teller's mailbox.
Job Qualifications
Must be highly organized.
Must have an aptitude in math and strong attendance.
Requires a recommendation.
Teacher tips
How do you incorporate a "banker" into your classroom economy?
"I track bonus bucks on a class sheet for different behaviors like: getting a compliment from another teacher, good hallway behavior, earning a track ticket(our school wide PBIS system), getting a 100% on test or quiz, working overtime (turning in homework) etc. then my accountants go into the system on Fridays and input everyone’s bonuses. Then the class shops from the online store and my accountants call them over to complete their purchases."
"I have several noise police and positivity posse in my room. The noise police give warnings and fines while the positivity posse look for kids on track and doing positive things for bonuses. They coordinate with my banker who tracks all of the bonuses and fines throughout the week and then I upload them all on the site at the end of the week at one time. (5th grade for reference)"
"I used to have a banker when I used paper classroom dollars because the system was so cumbersome to keep up with, however I've found it not necessary with ClassEquity because it's now way easier to run. I have autopay set up so that I don't have to worry about sending paychecks or bills, and I have ClassEquity up on my computer or phone throughout the day so that I can quickly send bonuses. The "cha-ching" noise really helps redirect students, so I like doing it in the moment. I'm not sure if this answers your question, but just another perspective!"
And now you can sit back and relax while your new bankers take care of the rest (or do one of the other 1,000 things on your to-do list 😜)! If you have any questions, we'd love to chat! Shoot us a message below.