News

Tenison Woods College is excited to offer the Commonwealth Bank School Banking program to all Junior School 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 will earn an exciting reward every time they reach 10 deposits.

School Banking is also a great fundraiser for the College. The College 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. Any money raised will be re-invested back into the Junior School.

The rewards available during 2019 are:                         

• Scented stackable highlighters

• Snowy origami set

• Icicle slapband ruler

• Yeti fluffly notepad

• Arctic owl fluffy feyring

• Scratch art cards

• Water skimming bounce Ball

• Polar pencils and pencil toppers

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 the Commonwealth Bank site 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 your child will need to bring their deposit to class and place it into the School Banking Bag. Younger siblings that don’t yet attend the school are welcome to participate, just by placing the extra child/children’s Dollarmites deposit wallet with the older siblings.

A 2019 School Banking program information pack has been sent home this week. For more information about School Banking click here.

Neal Turley | Business Manager

CLICK HERE TO RETURN TO NEWSLETTER