Woodend Primary is excited to offer the Commonwealth Bank School Banking program to 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.

The rewards available during 2020 are:

  • Terry Denton’s Activity Book
  • Mini Soccer Ball (size 2)
  • Treetop Stationary Set
  • Treetop Handball
  • Tomato Seed Kit
  • Magic Mist Drink Bottle
  • Emoji Wallet
  • Snakes & Ladders Game

School Banking is also a great fundraiser for our school. Our school receives a Regular Savers Contribution of $5 for every 10 deposits processed per student as well as an Annual Contribution which is based on the number of students who made at least one School Banking deposit in the prior year.

School Banking day is WEDNESDAY. Each week you need to place your deposit book into the grey satchel in your classroom.

We will be holding a School Banking Information Session at our school:

Time: 8.30am

Date: Wednesday 19th February

Location: At the walkway near the courts.

Please join us and find out more about the School Banking program and how your child can get involved.

If you are interested in opening a Commonwealth Bank Youthsaver account for your child you can visit www.commbank.com.au/schoolbanking and click on the link to open a Youthsaver account. A School Banking representative will be available at the Information Session to explain how you can do this. In order to verify yourself and your child, you will need your driver’s licence and your child’s birth certificate, but if you don’t have these with you on the day, you can complete verification online at home.