Kingston College (KC) has thrown its support behind the revamped JN Bank Affinity Savings Club, describing the initiative as a strategic tool to support the school’s sustainable development and long-term financial security for the KC family—including students, faculty, alumni, parents, guardians, and supporters.
Speaking at a recent JN Bank Affinity Savings Club webinar, Dr. Patrick Dallas, former president of the KC Old Boys’ Association and secretary of the KC Centenary Committee, said the initiative aligns with the school’s broader effort to create lasting economic benefits for both the institution, which is celebrating 100 years, and the wider KC community.
“This [Affinity Savings Club] initiative reflects both insight and innovation, offering schools and organisations like ours a meaningful way to build sustainability while empowering our members,” he said.
Highlighting the pillars that have allowed Kingston College to raise vital funding over the past century, Dr. Dallas said the Affinity Savings Club is being positioned as a pathway to “building for the future,” alongside other sustainable income models such as the KC Development Trust Fund and a forthcoming endowment fund.
“This [Affinity Savings Club] model genuinely excites us,” he added, noting that it mirrors the KC Old Boys’ Association’s philosophy of linking financial growth to collective progress. “Membership saves and benefits personally, while the school gains a steady stream of resources. This is the future of fundraising—it brings sustainability, innovation, and inclusivity.”
Dr. Dallas said KC is ready to partner with the bank to ensure the success of the club. “We want to help make it work and grow,” he stressed, pointing to tangible impacts such as funding new classrooms and laboratories, scholarships and exam support, technology upgrades, and expanded opportunities for students locally and abroad.
He also noted that the school’s alumni network, corporate partners, staff, students, parents, and the wider Fortis community have all contributed to successfully raising funds for KC over the years, emphasizing that this collaboration will be key to the club’s success.
“Opportunities like the JN Bank Affinity Savings Club will allow us to deepen our sustainability and empower our community to give while they grow. Kingston College’s legacy proves that when a school and its extended family come together with vision and determination, there’s no limit to what can be achieved,” he said.
The JN Bank Affinity Savings Club has supported schools, alumni associations, churches, and community organisations in growing their funds for more than a decade. In May, the programme was refreshed and relaunched, offering exclusive benefits and incentives to participating groups and their members.
“This is not just another banking product. It’s designed with purpose and passion to help groups and associations help others,” said Saniah Spencer, chief product officer of savings and deposits at JN Bank.
Highlighting common fundraising challenges, she explained that the Affinity Savings Club allows organisations to generate funds simply by encouraging members to save. Groups—whether a church, service club, school, alumni body, or parent-teacher association—first open a group account. Members then open individual affinity accounts linked to the group account. The initial deposit is J$15,000 for groups and J$2,500 for individuals.
“You save as you would in a regular savings account, and at the end of the year, your affiliated organisation receives a bonus—so you’re contributing without extra effort. Your school or association earns a percentage of net interest from all linked accounts. The more members the organisation has, the more it earns,” she said, noting that groups can decide how the funds are used.
Individual members also benefit from competitive interest rates and access to other JN Group benefits. “Members can enjoy insurance and critical illness protection, as well as financial planning and counselling support, including budgeting and strategies to grow funds sustainably. It’s more than just an account,” she emphasized.
The Affinity Savings Club webinar, held in September for schools and alumni associations, was the first in a series organized by JN Bank under the theme ‘Stronger Together: Turning Unity into Opportunity.’ Two additional webinars for churches and other organisations are scheduled later this year.
