School Banking
SCHOOL BANKING NEWS - TERM 3
A reminder that school banking is back for Term 3. Bank books need to be sent in to school every THURSDAY.
How School Banking works:
It's easy as 1,2,3:
- 1. Bring your deposit to school in your Dollarmites deposit wallet on your weekly ‘School Banking Day’ (THURSDAY) to collect a silver Dollarmites token
- 2. Once you collect 10 tokens (if receiving physical tokens – maximum 1 token per week), you can choose a reward by placing the redemption slip and 10 tokens in your Dollarmites deposit wallet and bringing it in on School Banking Day
- 3. Kids can track their savings progress in the CommBank Youth app
You can download a copy of our Parent Guide to School Banking.
Enhance the School Banking experience with the CommBank Youth app:
CommBank Youth# app is a fun, secure way for your child to learn digital money skills. They can:
- Check their Youthsaver account balance
- View their School Banking deposits in their transaction history
- Track how many Dollarmites tokens they’ve earned
- Set savings goals and track progress
- Create a list of chores/jobs they can do to earn pocket money
If your child isn’t already involved in the school banking program, please contact the front office for further information.
Kind regards
Georgina Doyle & Nicole McCormack
School Banking Co-Ordinator's