Newcastle_Newsletter_Term1_Week2

School Banking
at St Philip’s!
The Commonwealth Bank School Banking program is here!
The School Banking program includes an exciting Rewards
Program designed to encourage children to get into the habit
of making regular saving. Every time your child makes a deposit
at school they receive a silver coloured Dollarmites token. The
first token will be received upon the first deposit at school. Once
your child has individually saved 10 tokens they can redeem them
for an exclusive Dollarmites reward item. Students will have lots
of fun saving their tokens for these cool rewards items.
School Banking is also a great fundraiser for our school. The
school receives $5 when children make their first deposit at
school and a commission on every deposit made through the
School Banking program.
Taking part in School Banking is easy.
• 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 using their Dollarmites
deposit wallet. If your child has misplaced their Dollarmites
deposit book or deposit wallet, they can request a new one
from either the local branch or contact the School Banking
Co-ordinator.
• If your child does not have a Youthsaver account, you can
open one at any Commonwealth Bank branch, no forms to fill
in! Please remember you will need to take in ID for you and
your child (Birth Certificate / Driver’s License). Alternatively,
if you are an existing Commonwealth Bank customer with
access to NetBank you can apply online. Another option is
to download a paper-based application form from commbank.
com.au/schoolbanking. Please note this option may take up to
2 weeks before a Dollarmites wallet and deposit book is sent
to your home address to start banking at school.
2014 UPDATE
Please note that banking is carried out each Monday by parent
volunteers. All students are responsible for handing their bank
books to their classroom teacher on Monday mornings. If for
some reason their book is not handed in, the school banking coordinators
are unable to process a deposit for that week and no
tokens will be awarded. We are unable to make up extra deposits
the following week and can only process one deposit per week.
At the start of a calendar year, all tokens up to a maximum of 9,
which have previously been unredeemed, will be carried over and
can be used to order new rewards. However the commendation
system starts from scratch at the start of a calendar year. For
example:
• Bronze - 10 deposits in a calendar year
• Silver - 20 deposits in a calendar year
• Gold - 30 deposits in a calendar year
• Special Commendation - will be awarded at the end of the
Term Dates 2014
Term 1: 29/1/2014 - 11/4/2014
Term 2: 29/4/2014 - 27/6/2014
Term 3: 21/7/2014 - 19/9/2014
Term 4: 7/10/2014 - 5/12/2014
School finishes at 3.00pm
on Friday 6th December
for all students.
year to any students who have banked each week for the
entire school year (This will commence from week 4 of term
1, ensuring students have enough time to set up an account).
New and exciting rewards will be available this year. Please note
that once a student places an order, it can take up to 4 weeks
for the stock to be received by the banking co-ordinator. We
appreciate your patience and understanding in this matter.
Banking in Middle School
Please note, that the school banking program is available to all
Middle School students. We ask that students place their bank
books in the locked safety box located on Mrs James’s desk each
Monday morning. Please see Mrs James for more information or
contact the School Banking Co-ordinator: Emmah Moore 0425
156 399 or mymoorefamily@bigpond.com
Volunteers Required
The school banking program relies on parent volunteers to
facilitate the banking and distribution of rewards. We currently
have two volunteers but due to the ever increasing numbers of
students banking would really benefit from having another helper.
If you are able to volunteer a small amount of time on a Monday,
please contact Di or Kerrie in the Junior School office.
STAY COOL AT SCHOOL THIS SUMMER
Win a CommBank Marquee for your school and $50 for a
student just by depositing to your CommBank School Banking
account in Term 1.
The school with the highest percentage of active students at
the end of Term 1 will win a marquee. There are 4 marquees to
be won in the Newcastle area. Every student who completes
a minimum of 3 school banking deposits in Term 1 will also be
in the running to win one of two $50 credits to their School
Banking account. Competition opens 28/01/2014 and closes
11/04/2014. For full terms and conditions please visit commbank.
com.au/schoolbanking.
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