School Banking

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

Children who participate in the School Banking program are rewarded with Dollarmite 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. 

 
School Banking is run by the P & F and operates each Monday​​