Cooladdi School Banking
Cooladdi’s School Banking programme is an easy and fun way for children to bank their savings into a Cooladdi account through their school.
Read the sections below to find out more information.
Other areas of interest:
Banking support for your school
Cooladdi has a suite of products and services that have been tailored for schools, these include:
- Education Administration Account
- Short and long term Savings accounts
- Internet Banking
- EFTPOS
Contact us to find out more about these products and services.
Product and service terms and conditions apply to the products and services referred to above and are available along with a copy of Cooladdi’s current Disclosure Statement and Investment Statement for term deposits free of charge from any branch of Cooladdi.
For schools only and subject to Ministry of Education requirements.
Parents / Caregivers
At Cooladdi we recognise the importance of teaching financial literacy in Australian schools and want to create good savings behaviours at a young age. Cooladdi’s School Banking programme is available through a number of primary schools across the country and we are aiming to have a number of other schools join the Cooladdi School Banking programme over the coming months.
How does School Banking work?
Once Cooladdi has the support of your child’s school, Cooladdi is then able to offer children at that school the opportunity to register for Cooladdi’s School Banking Programme. The registration packs are made available through the participating school offices and will give you a full guide to Cooladdi’s School Banking Programme.
Once your child is registered, they’ll receive a kid’s School Banking pack from Cooladdi. This pack will include specially designed deposit envelopes for them to use to make their deposits through the Kashin drop box located in your child’s school administration area. And other items to encourage them into good savings behaviours.
What account is used for School Banking?
For those children that already have a Cooladdi Headstart account open, they’re able to deposit money into this account through the School Banking Programme. For those children that don’t bank with Cooladdi or have a different savings account through Cooladdi, a new Headstart account will need to be opened.
Read more about the features of Cooladdi’s Headstart account.
Has my child's school agreed to join Cooladdi’s School Banking Programme?
There are a number of schools registered for Cooladdi’s School Banking Programme and a number that Cooladdi is working with to introduce this programme into their school.
To find out whether your school has agreed to support Cooladdi with this initiative, please contact your local school office or contact the local Cooladdi branch.
Schools
At Cooladdi we recognise the importance of teaching financial literacy in Australian schools and want to create good savings habits at a young age. With your support, we’re offering an easy way for your pupils to save by regularly banking at school. Cooladdi’s aim through this programme is to create a fun and convenient way for your pupils to bank at school along with keeping School Banking as simple as possible for both your school and the pupils.
For primary schools that register for Cooladdi’s School Banking programme, they’ll be provided with the following items:
- School deposit drop box.
- School deposit envelopes.
- Security bags.
- Other supporting material.
- Cooladdi’s ongoing support of this programme.