ASB School Banking

Good saving habits are important for success in life, and an ASB Headstart account, which is registered for the ASB School Banking Programme, is the perfect place for your children to start. It will help you teach them the value of saving and the benefits of committing to a worthwhile goal.

Benefits at a glance

  • A Headstart kid's bank account with no base or transaction account fees
  • GetWise programmes in schools to teach kiwi kids basic money skills and financial know-how
  • Clever tools to help your kids save and manage their money
  • YouTube videos to teach kids to be cash clever, with ideas and activities to do at home

What is School Banking?

At ASB we recognise the importance of teaching financial literacy in New Zealand schools and want to create good savings behaviours at a young age. ASB'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 ASB School Banking programme over the coming months.

How does School Banking work?

Once ASB has the support of your child's school, ASB is then able to offer children at that school the opportunity to register for ASB's School Banking Programme. The registration packs are made available through the participating school offices and will give you a full guide to ASB's School Banking Programme.

Once your child is registered, they'll receive a kid's School Banking pack from ASB. 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 an ASB 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 ASB or have a different savings account through ASB, a new Headstart account will need to be opened.

Read more about the features of ASB's Headstart account.

Has my child's school agreed to join ASB's School Banking Programme?

There are a number of schools registered for ASB's School Banking Programme and a number that ASB is working with to introduce this programme into their school.

To find out whether your school has agreed to support ASB with this initiative, please contact your local school office or contact the local ASB Branch.

How it works for schools

At ASB we recognise the importance of teaching financial literacy in New Zealand 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. ASB’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 ASB’s School Banking programme, they’ll be provided with the following items:

  • School deposit drop box
  • School deposit envelopes
  • Security bags
  • Other supporting material
  • ASB’s ongoing support of this programme

Contact us

Find an expert

Talk to your local ASB School Account Manager today.

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Call us

We’re here to take your call 24 hours a day.

0800 803 804

Visit a branch

Visit us at one of our many branches across New Zealand.

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Encourage your kids to get ahead with Headstart, a bank account designed specifically for children that pays interest and has no fees.


ASB GetWise is New Zealand’s largest financial literacy programme for primary and intermediate school students. Find out how we’re helping teach hundreds of thousands of kiwi kids basic money skills and financial know-how for later life.

ASB's terms and conditions apply.

ASBASB School Banking