School Community Rewards

Focus your interest, Support their Future

School Community Rewards provides a regular financial benefit for your school without having to donate any time or money.

How it works

  1. Simply take out any of our highly competitive Home Loans, Car Loans or Personal Loans.
  2. Nominate your school as a School Community Rewards beneficiary.
  3. We will then calculate 0.20% of your loan amount(s) and your nominated school will receive the valuable funds when they wish.
A typical home loan amount of $400,000 can result in an $800 annual donation to the school*

It’s win-win! You’ll get the benefits of our great rates and products, while also delivering an ongoing financial benefit to your school.

*Example is for illustrative purposes only and based on 0.20% p.a. of a $400,000 home loan balance for an entire year without any repayments. Actual donation amounts will vary depending on individual loan terms.

So far, our School Community Rewards program has raised a total of $618,241 for participating South Australian Schools!

Since we joined the School Community Rewards program we have received over $32,000. This has enabled us to undertake significant upgrades to the school including a new bike cage, school garden and play equipment. Being part of the program was especially beneficial during 2020 when COVID-19 hit as it meant we were still able to fundraise despite all our usual annual fundraising events being cancelled.

Information for schools, principals & teachers

Join School Community Rewards

"Being able to have a lower rate home loan, with flexibility that suits our needs, and help out my children’s school with fundraising at the same time is just fantastic. The process to switch to Credit Union SA was transparent and super easy. We are now saving hundreds and paying our mortgage off quicker."Jack

Highbury Primary School Parent | June 2021

We're here to help

Frequently asked questions
View all School Community Rewards FAQs

We’re a Credit Union, which means we offer all the same services as a bank but with one very important difference - our highest priorities are our members and community.

No, we won’t be sharing any of your personal information with the school including your contribution.

Your school will receive a cheque for their accrued SCR benefits whenever they wish. For example, some schools like to wait until they’ve hit a certain target while others like to receive their earnings periodically.

The School Community Rewards program isn’t a children’s banking program. However, we offer a great Children’s Savings Account that has taken out Mozo’s Experts Choice Award three years in a row.

Yes, they certainly can. In fact, anyone who’s a Credit Union SA member can join the program.

Yes, you certainly can.

Unfortunately, you can only nominate one school to receive your SCR benefits. However, you can swap your nominated SCR school at any point.

No, there are no fees for joining the program.

No. Children will not be targeted by promotions for the program or its products.

No, we won’t be sharing any of your personal information with the school including your membership details.

Yes. There’s no lock in contract so you can leave the program at any stage, but we’ll be sad to see you go.

We’re a member owned banking organisation, which means we’re not driven by the need to return dividends to shareholders like the major banks. As a result, we're able to channel the profits we generate back to our members and community.

Yes, you can.

No, you will still enjoy all the benefits of your Credit Union SA products.

Please get in touch via Secure Mail in your Internet Banking

We're here to help

Contact us

You can contact us by calling us, visiting, making an appointment or using Secure Mail.

Meet your community representatives


Eliza Pryce

Community Program Specialist

Eliza has worked with Credit Union SA for over 14 years, with over 20 years experience in the customer service industry.

During her time at Credit Union SA, Eliza has worked with many School Community Rewards families to gain the best financial outcomes for their families, from every day banking to getting a better deal on their home loan.

She really enjoys working with schools to achieve their fundraising goals, assisting schools with upgrading their facilities to provide a fantastic learning environment for South Australian Children.

Eliza has two sons, and loves being an active participants in her community. She works closely with her son Ethan’s football club to assist them with building a safe and inclusive junior program whilst reaching their fundraising goals. She is a passionate supporter of South Australian Charities and donates her time to support their efforts in South Australia.

Get in touch

Not a member but have a question?

Let us know how we can help and we'll get back to you as quickly as possible. You can also call us on (08) 8202 7777 from 8am-8pm Monday to Friday, or 8am-2pm on Saturdays.

For security reasons, current members of Credit Union SA are asked to submit all account enquiries through Internet Banking Secure Mail.

Your privacy is assured:
Credit Union SA’s School Community Rewards program does not share any of your personal information with your school. To ensure participants’ privacy, no individual identification is provided to the school. The school is only advised of the number of participants and the total reward payment.


Offer is current as at 17/11/2020 and is subject to change.

All members of the school community must consider their own circumstances and obtain their own advice before joining School Community Rewards. The school takes no responsibility for any advice or product offered by Credit Union SA Ltd. This information is general in nature and doesn’t take into account your own personal circumstances. It is important for you to consider the terms and conditions or Product Disclosure Statement before acquiring any of our products or services to help you decide whether they are suitable for you. Conditions and fees apply. Lending criteria apply to all credit products. Products are issued by Credit Union SA Ltd except for insurance where the Credit Union acts as an agent for Allianz Australia Insurance Ltd AFSL 234708 ABN 15 000 122 850.