School Banking


Winters Flat Primary School offers the Commonwealth Bank School Banking program to all students.

School Banking is a fun, interactive and engaging way for young people 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 2018 are:

Term 1
Twister Power Handball
Secret Scratch Notepad

Term 2
Glow Light 
Sparkle Glitter Pens

Term 3
Mighty Boom Handball
Heat Reactor Pencils

Term 4
Slushie Maker Cup
Zoom Flying Disc

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).

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 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 TUESDAY. Each week you need to place your book in the special box at the school office.

If you would like to know more about School Banking, please visit

DON’T FORGET SCHOOL BANKING DAY IS TUESDAY and you just need to bring in your account book and the money you wish to deposit to the offfice when you arrive at school.

Happy banking!