School Banking is Back


School Banking is back.

School Banking is back.  School Banking Day will be Thursday commencing on
11th February 2021. 

For each weekly deposit made at school, students will receive a Dollarmites token. Once they collect 10 tokens, they can redeem them for a School Banking reward.

If your child has previously participated in School Banking, or has an existing Commonwealth Bank Youthsaver account, they can start banking straight away by bringing their Dollarmites deposit wallet to school on School Banking day.

If your child has lost their deposit wallet, please contact your School Banking Co-ordinator or visit any Commonwealth Bank branch for a replacement.

Our School Banking program is made possible because of volunteers.Thank you to those volunteers for donating their time to run School Banking for our students.

If you would like to know more about School Banking, please ask for a 2021 School Banking program parent guide from the school office or visit


Get involved in the School Banking program.

Meridan State College  is excited to offer the Commonwealth Bank School Banking program to all students.

School Banking is a fun, interactive and engaging way to help teach your child about money. 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 2021are:


  • Terry Denton's Activity Book
  • Scented Stackable Highlighters
  • Mini Soccer Ball (size 2)
  • Icicle Slapband Ruler
  • Treetop Stationery Set
  • Snowy Origami Set
  • Treetop Handball
  • Water Skimming Bounce Ball
  • Tomato Seed Kit
  • Polar Pencils & Pencil Toppers
  • Emoji Wallet
  • Scratch Art Cards
  • 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. For more information about contribution payments, visit

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 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 Thursday. 

Each week you need to place in classroom allocated bank bag

If you would like to know more about School Banking, please ask for a 2021 School Banking program parent guide from the school office or visit






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Last reviewed 08 February 2021
Last updated 08 February 2021