How do I fund my One account with direct deposit?
At One we consider many forms of income as a direct deposit, not just paychecks from your employers. You can find more information on what we consider a direct deposit here.
All payroll providers have different preferences on how you can set up direct deposit with them.
Some payroll providers require that you use their online payroll system. Typically, this process will only require your account and routing information. In this case, you may find this information by following these steps.
If your payroll provider requires a completed direct deposit form from your bank and/or a voided check, you may use this form. Before sharing this with your payroll company, make sure you complete the form as illustrated below.
Step 1: Fill out your name and account number. Remember to choose the account number associated with the pocket you would like to fund. Please note that the Bank name should be Coastal Community Bank (our bank partner).
Step 2: Choose one of the following. This will indicate to your employer the amount of each paycheck that you would like deposited into your One account.
Step 3: Fill out your name, address, and account number. This should match the account number entered in Step 1.
Step 4: Fill out your employer name, signature, and date. If you have questions about what to fill out for employer / third party, please reach out directly to your employer.
Once you’ve completed and signed the form, share it with your payroll provider using their preferred method. While some payroll companies require that you upload the form to their online system, others may require hand or mail delivery.
If you have additional questions, please contact us here.