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School Banking


School Banking is a program designed to help your child develop strong financial literacy skills for the future. With the help of the School Banking Co-ordinators, children can start saving regularly through the school. Best of all, the School Banking program makes saving fun with an exciting Rewards Program that encourages regular participation.  

Encouraging Good Saving Habits

School Banking gives children hands-on experience at handling money and seeing it grow. The program helps them develop the knowledge, independence and confidence they need to manage their finances successfully as they get older.

Every time your child makes a deposit through the School Banking program, no matter how large or small the deposit can build to Earn you great Rewards!

How Does Your Child Get Involved?

In order to participate in the School Banking program, your child will need a Commonwealth Bank Youth saver account which can be opened at ANY branch of the Commonwealth Bank. You will need to have your child’s birth certificate and your driver’s licence for identification. If you are an existing customer with NetBank access, you can open an account online. Simply logon as usual, click the ‘offers and apply’ tab, then select ‘accounts’ and ‘Youth saver’. If your child already has an existing Commonwealth Bank Youth saver/Dollarmites account they are ready to participate in school banking!

Big thanks goes to our School Banking Co-ordinators and Volunteers Alex and Jodi. We appreciate the effort you put in.