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About the School Banking program

Established in 1931, School Banking has been teaching money-management skills to generations of primary school Australians.

Children who participate are rewarded with Dollarmites tokens that they can redeem for exciting rewards when they deposit regularly into their savings account. The program is supported with a range of fun and engaging materials to help them learn about money – and encourage them to save.

Not only does it teach crucial money skills, it’s also a great way for schools to engage with parents and the broader school community.

To keep students motivated and encourage participation, every year we introduce a new savings adventure. In 2017, the students will get excited about the future, as we follow the
new-look Dollarmites towards the Savings Hover Park – a fantastic playground up in the clouds of a hi-tech city.

Plus, to help students on their savings adventure, we are giving students a chance to win a family trip to Tokyo Disneyland in Japan. View full terms and conditions.

School Banking competitions are also run at participating schools nationally, offering students the chance to win great prizes just by saving regularly.

Support materials for School Banking Co-ordinators

Term 4 School Newsletter article, for publication in your school’s newsletter in both colour (PDF) and black and white (PDF).

Personalise these School Banking 2017 newsletter and website communications (DOC), to help you promote and support School Banking in your school.

Use these Dollarmites wallet inserts when returning School Banking rewards and students deposit books:

Activity sheets for students:

For more activity sheets visit the Beanstalk activity centre.

Download the School Banking Co-ordinator registration form (PDF).

Benefits for schools and how to get involved

CommBank provides schools participating in the program with fundraising support. Last financial year, participating schools received a share of over $2.3 million.

School Banking Co-ordinators are the volunteers who are vital to the success of the program. Supported by our School Banking Specialists, they facilitate the program, collect and process deposits at CommBank branches or Australia Post Offices, and manage the Rewards Program.

Schools are assigned a School Banking Specialist to assist Principals and Co-ordinators facilitate the program. They provide regular advice and tips on how to encourage participation either over the phone or through in-school visits (for schools in metro locations or major regional centres).

If you are a Principal and you would like to introduce School Banking to your school, please call our Help Desk on 1800 674 496 (weekdays 9am – 5pm, Sydney/Melbourne time).

A School Banking Specialist will talk you through the steps to get started.

You’ll also need to think about recruiting volunteers, such as parents, carers, grandparents or school employees as School Banking Co-ordinators. The energy and commitment they bring plays a vital role in the success of the School Banking program.

Want to know more?


Call our School Banking Helpdesk on 1800 674 496 (weekdays 9am – 5pm, Sydney/Melbourne time).