Get involved in the School Banking program
The Commonwealth Bank (CBA) School Banking program is available to all students at Woodlands Primary School and takes place every Tuesday before school from 8.20am in the Year 5/6 learning block’s multi-purpose area.
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 rewards.
The recently introduced Commbank Youth app is also a great introduction to digital banking tools, where your child can set up saving goals and monitor their progress, check their balance and track their Dollarmite tokens
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). In 2016, our student bankers’ earnt our school over $1000 in commissions through their savings efforts.
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.
The Commonwealth School banking Coordinator is parent Helen Davison. Helen oversees the Program alongside her wonderful team of volunteers.
Drop in on any Tuesday morning for more information and to see how it works, or please contact School banking Coordinator Helen Davison This email address is being protected from spambots. You need JavaScript enabled to view it. with any queries.
