Financial wellness is a state of being. It’s a sense of financial security that enables you to enjoy everyday life while successfully navigating common challenges. While everyone aspires to achieve financial wellness, getting to this status and mindset requires knowledge, skills, resources, discipline, and time.
What if one way to develop these characteristics was to make an informed decision about where you choose to bank? Innovative banks like ONE work hard every day to prove that working with a modern online banking solution can go a long way in contributing to financial wellness.
What Is ONE?
ONE is a new Sacramento bank founded in 2019 that offers online banking solutions to consumers. The company’s mission, above all else, is to help interested parties regain control of their finances and achieve wellness. Their digital products and services simplify everyday financial tasks for improved living.
24/7 Account Access
ONE makes accessing your financial accounts easy with a highly-secure website and mobile app. Your username and password give you access to your online account to view the balance, monitor transactions, pay bills, manage savings, apply your budget, and even share data with authorized users.
Complete Transactions Easily
No one has the time to go to the bank during business hours to complete necessary transactions. That’s why having an account with ONE makes sense. After logging into your account, you can satisfy all your banking needs when it’s most convenient for you.
Got a paper check you need to deposit? Mobile check deposit features make it simple to take a photo and apply the funds to your account. Do you need to transfer money into your savings or ensure that you have enough to pay your household bills? You can set up one-time or automatic transfers instantly. Perhaps your son or daughter needs extra cash to cover a college expense. If so, you can transfer money to their account in real-time.
Use Pockets To Organize, Manage, Save, And Track Spending
ONE account holders can also use digital products like Pockets to improve their budgeting skills. These are sub-accounts connected to customers’ free checking accounts. You can customize up to 99 Pockets to correlate with your budget spending categories (mortgage, utilities, healthcare, credit cards, groceries, etc.). Then, schedule transfers into each Pocket to cover the expenses for the month.
Pockets work with your budget to keep track of your finances and evaluate your spending habits. When you distribute your paycheck across the things you need, it reduces the likelihood of spending what you don’t have. Pockets give you a clear picture of where your money is going so that you can make more informed decisions about your financial wellbeing.
Auto-Save Helps You Set Aside More Money
Every penny you save is money you can use for future purchases, expenses, and needs. One of the easiest ways to save is to put your money in an interest-bearing account. Unfortunately, most banks offer low interest rates, resulting in little to no return. ONE customers benefit from high-yield savings at a rate of 1.00% APY.
Signing up for the Auto-Save feature can help you increase your savings. You not only receive a high-interest rate but any transactions you make are rounded up to the nearest dollar so that you can contribute to savings consistently and see your savings grow.
Who wouldn’t like to get to a point where they feel financially secure? When you have the financial means to cover your current and future needs, while also being prepared to handle unforeseen circumstances, life can seem far less stressful. ONE bank offers online banking products, services, and resources to make your journey to financial wellness easier to manage.