School Banking

Notice from CommBank School Banking

The health, safety and well-being of our communities and our people is our first priority. Due to the rapidly developing situation with Coronavirus, School Banking has been temporarily paused from 20 March 2020 until further notice. Please don’t bring your deposit book with your weekly banking into school and we will notify you when banking will recommence.

Get involved in the School Banking program

Rowville Primary School 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.


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 Friday. Each week you'll need to hand in your banking book to your classroom teacher who will then forward it up to the office for processing. Once processed, your banking book will be returned to you with a Dollarmite Token. 


If you would like to know more about School Banking, please ask for a 2020 School Banking program information pack from the school office or visit