Tuesday, June 23, 2020

Save fast, save smart with auto-transfer

When times are unsettled, money in the bank can mean more security. And when you’re building savings, there’s no faster, easier or safer way than our auto-transfer option -- it lets you save toward your goals right from home.

With auto-transfer, you can automatically transfer funds — in the amount and at the frequency you choose — into your OneWest Bank account from your other OneWest Bank or external accounts. Just set the controls, sit back and watch your savings grow.

Saving money is important — especially when experts suggest an emergency fund should hold three- to six-months' worth of living expenses. But identifying how and where to cut spending and how much we can realistically save calls for a disciplined home budget. That’s where our Personal Finance Empowered budget tool can help you establish a sensible monthly spending plan.

You can also determine if you have enough emergency funds by using our emergency savings tool. It can group your expenses by category, such as rent/mortgage, utilities and more, to make tracking easier. 

Take advantage of automatic savings with auto-transfer, available as one of our comprehensive online banking services. Simply enroll in our online banking services or log in to your existing account and follow the step-by-step instructions to set up recurring transfers. It’s a safe, secure and faster way to save.