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Get Involved in the School Banking Program

posted Mar 26, 2017, 9:06 PM by Principal account   [ updated Mar 26, 2017, 10:07 PM ]

School Banking is a fun, interactive and engaging way for young Australians to learn about money and develop good savings habits. Children who deposit money into their Youthsaver account through School Banking earn Dollarmites tokens, which they can save up and redeem for exciting rewards. 

The rewards available during 2017 are:

· Cyber Handball

· Colour Change Markers

· 3D Chalk Set

· Tablet Case

· Smiley Emoji Keyring

· Volt Handball

· Pencil + Tech Case

· Epic Earphones


School Banking is also a great fundraiser for our school. Our school receives $5 when a student makes their first ever School Banking deposit and 5% on every deposit made through the school (to a maximum of $10 per individual deposit).

Getting involved in School Banking is easy! 

All you need to get involved in the School Banking program is a Commonwealth Bank Youthsaver account. You can open an account for your child in one of two ways: 


1. Online - Visit commbank.com.au/schoolbanking and click on the link to open a Youthsaver account. 

2. In branch - Visit a Commonwealth Bank branch with identification for yourself and your child, like a driver’s licence and birth certificate.

If your child has an existing Commonwealth Bank Youthsaver account they can start banking straight away. They just need to bring their deposit in every week on School Banking day using their Dollarmites deposit wallet.

School Banking day is Friday – 8.30 am to 9.00 am


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