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What's new with ClassBank this school year?
What's new with ClassBank this school year?

Learn about the improvements to ClassBank for the 24-25 school year including a new name, savings and interest, and more!

Katie Gracey avatar
Written by Katie Gracey
Updated over 5 months ago

*Available for Pro Subscribers

**Available for School Subscriptions

New Name

If you were with us last year you know ClassEquity has been going through an extensive rebrand process, (thanks to feedback from supporters like you!), and we’re thrilled to announce that ClassEquity is now officially ClassBank! Learn more here!

Savings

The Savings feature gives teachers the option to open a savings account for students wheres they can practice setting money aside for future purchases such as a large store items or bills. See how it works here!

Goals

The Goals feature elevates savings by letting students specify what they’re saving up for. This way, they can track their progress and celebrate when they reach their goals. See how it works here!

Interest*

The Interest feature allows teachers to automatically issue interest payments on the money that students have put into savings, which not only motivates them to save but also allows them to experience the power of compound interest. See how it works here!

Math Optional

Understanding the diverse needs of our users, we've introduced the option for teachers to decide whether individual students calculate the math for their transactions. This flexibility allows for a more tailored experience, ensuring that ClassBank caters to each student. See how it works here!

Pending Balance

Wondering if your students are making their deposits and withdraws? With the new "pending" column you can see exactly how much of each student's balance has not been cleared. Learn more here!

Roster Integrations**

For our school subscriptions we now connect with your SIS or LMS to pull user information directly into your account. This not only makes setting up a breeze but also ensures that your classes are updated throughout the year. Want to learn more about how ClassBank can help your school build student engagement and real-world skills? Get a demo!

Student Helper Improvements (coming soon)

Instead of having to create a new co-teacher account to allow students access, soon you will be able to give student direct access to sending transactions, managing jobs, or managing the store on their side of the platform.

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