St. George’s, Grenada – July 16, 2025 – Grenada Co-operative Bank Limited has awarded thirteen lucky students with Super Starter Education Investment Plan (EIP) scholarships for the upcoming school year. The six (6) primary and seven (7) secondary school students were presented with their scholarships on June 26th, 2025, at Co-op Bank’s Lamolie House.
The Super Starter Education Investment Plan, offered exclusively by Grenada Co-operative Bank, is a special education savings product. The EIP has three categories: silver, for primary school students; gold, for secondary school students; and platinum, for tertiary level students. The plan has several attractive features, including the opportunity for account beneficiaries to win scholarships to help cover education expenses. “The scholarship component of the EIP was developed to ensure that children across all parishes, including Carriacou and Petite Martinique, have equal access to financial support for their education. This year, we are proud to award 13 scholarships – one gold and one silver per parish,” explained Brendon Mc Gillivary, Manager, Sales and Services of the St. George’s Retail Banking Unit. The 2025 scholarship recipients were randomly selected from among EIP account beneficiaries in the silver and gold categories.
This year, for the first time, EIP scholarship recipients also received 50 Grenada Co-operative Bank Limited ordinary shares. “This is not simply a gift, but an investment in your future,” remarked Kishel Francis, Manager (Ag), Wealth Management and Financial Services. “The list of benefits of holding Co-op Bank shares is endless. As a shareholder, you will be a part owner of our bank – a strong, Grenadian company. Once you have acquired these shares, you will no longer only be an account holder but an owner. As a shareholder, you are also entitled to share in the profits of the company through dividend payments. You also have the ability to experience endless growth through capital appreciation of the value of the shares as the Bank continues to grow.”
Supporting national development through education is an integral part of Co-op Bank’s corporate social responsibility agenda. Since launching the Super Starter EIP scholarship component in 2009, the Bank has awarded 349 scholarships as a direct investment in the nation’s youth. Co-op Bank remains a trusted and dependable partner to help Grenadians meet their financial and educational goals.