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Commonwealth School Banking

06.08.19

St Joseph's School offer Commonwealth Bank School Banking programme to all students.

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 2018 are:

  • Twister Power Handball
  • Secret Scratch Pad
  • Sparkle Glitter Pens
  • Glow Light
  • Mighty Boom Handball
  • Heat Reactor Pencils
  • Slushie Maker Cup
  • Zoom Flying Disc

School Banking is also a great fundraiser for our school. Our school receives a Regular Savers Contribution of $5 for every 10 deposits processed per student as well as an Annual Contribution which is based on the number of students who made at least one School Banking deposit in the prior year.

School Banking day is Tuesday. Each week you need to place your bank book inside your classrooms grey School Banking satchel.

If you are interested in opening a Commonwealth Bank Youthsaver account for your child you can visit commbank.com.au/schoolbanking and click on the link to open a Youthsaver account. A School Banking representative will be available at the Information Session to show you how you can do this. In order to verify yourself and your child, you will need your driver’s licence and your child’s birth certificate, but if you don’t have these with you on the day, you can complete verification online at home.