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School banking

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Heatley SS P&C Association runs the Commonwealth Bank School Banking program for 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.

There are various reward prizes available for students who make regular deposits.

School banking is also a great fundraiser for our school. Our P&C 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).

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 http://www.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

If your child has an existing Commonwealth Bank Youthsaver account they can start banking straight away. They just need to bring their deposit in every week on School Banking day using their Dollarmites deposit wallet.

School Banking day is Wednesday 

If you would like to know more about School banking, ask for a School banking program information pack visit: http://www.commbank.com.au/schoolbanking

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Last reviewed 14 July 2020
Last updated 14 July 2020