School banking – a platform to help you teach your child about saving
Beecroft Public School participates in the Commonwealth Bank School Banking program. It's a great way to give your child a financial head start by helping them to learn about good money management and the importance of saving in a fun and interactive way.
Whilst you may already have an account for your child and are actively saving for your child's future, most of the time this is done through electronic banking and your child doesn't get to see and handle the benefit first hand. This program is about your child learning the process of saving and handling the cash themselves. Participating in school banking gives your child the opportunity to do this on a weekly basis.
Earning fun reward
Every time your child makes a deposit through the school banking program, regardless of how much, they receive a cool dollarmites token. Once they have saved 10 tokens, they can swap them for fun rewards.
There are also competitions run throughout the year to win electronic items, resources for schools and other fantastic prizes.
What you need to know
School banking day is Thursday. Your child will need a Commonwealth Bank Youthsaver account to participate. The attached flyer gives more information on how to open an account.
If you would like to volunteer in the school banking office and can spare 1 hour a month on Thursdays from 9-10am then we would love to hear from you. Please contact us for more information.