Peace of mind knowing your money is protected
All OneAccount deposits are FDIC Insured, made in conjunction with Customers Bank, Equal Housing Lender and Member FDIC and WEX Bank, Member FDIC. The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has ever lost a single penny of FDIC Insured funds. The standard insurance amount is $250,000 per depositor and this limit applies to OneAccounts as well.
For more information on the FDIC, visit their website at FDIC.gov.
Before Higher One, our students only had one way to get their refunds, and that was by paper check. With Higher One processing refunds for us, it has allowed us to provide more options for our students without having to enter and store student banking information. We also no longer have to handle sorting, stuffing and mailing thousands of checks.University of West Florida
Higher One’s experience with college students and their focus on serving colleges distinguishes Higher One from all other financial service providers. We really liked the fact that the community college customer base is expanding for Higher One.St. Louis Community College