School Banking

 

We have a proud tradition of helping generations of young Australians learn about the importance of saving and smart money management. By 2015, we aim to provide one million kids  with the grounding in financial literacy they need to lead financially secure lives. One of the main ways we have committed to this goal is by investing $40 million in our School Banking Program, and expanding the Commonwealth Bank Foundation’s award winning StartSmart program to primary schools.

 

We passionately believe that when it comes to a child’s education, knowing how to manage money is as essential as English, Maths, Science or Arts.

 

Our School Banking Program gives schools an easy, fun and interactive way to teach kids money management skills they’ll use for the rest of their lives. Through the program, kids can bank at school, giving them a hands-on banking experience in a fun and interactive environment.

 

To make depositing money at school each week even more exciting, kids can participate in our Rewards Program which recognises good savings behaviour and makes savings fun. Students will receive a silver coloured Dollarmites token every time they make a deposit to their savings account at school, regardless of the amount deposited. When they have collected 10 tokens, they can redeem them for a variety of exclusive Dollarmites reward items. The more tokens children save, the more rewards items they can redeem during the year.

 

The program is a great fundraising activity because participating schools receive commission for every account activated via the School Banking Program, i.e. for each student who banks through the school’s program for the very first time; and for each subsequent individual deposit made at school.

School Principals

Besides teaching your students better money management, your school will also benefit through joining our School Banking Program. School Banking helps raise funds for schools and also engages parents in the school community.

 

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School Banking 
Co-ordinators

Find the information and support materials you need to make a positive difference to the lives of many children.  

 

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Parents

Learn about the benefits for your children and set them on the road to sound money management with engaging tools to assist with teaching them about saving.

 

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