Financial Literacy

How to Build an Emergency Fund from Scratch

Building an emergency fund is one of the smartest financial moves you can make. It provides a safety net for unexpected expenses, reduces stress and helps you avoid debt when life throws curveballs. In this comprehensive article, we’ll walk you through practical steps to create an emergency fund from the beginning - no matter your income or current savings - and provide strategies for staying consistent even when money is tight.

OMB's Director of Treasury Services Ashlee Radford and Treasury Services Officer Devon Angus

Why Local Businesses Choose OMB Bank for Treasury Services

At OMB Bank, Treasury Services is about more than numbers - it’s about people. Learn how your business could benefit and how community banking makes all the difference.

This image illustrates the concept of financial growth and interest rates, featuring charts, percentages, and analytical tools like a calculator, glasses, and pencils.

APR vs. APY: What’s the Difference and Why Does It Matter?

APR and APY may sound similar, but they measure two very different things - and understanding them can help you make smarter financial decisions. Whether you’re comparing loan offers or exploring savings accounts, knowing how these percentages affect what you owe or earn is essential. Learn more in simple terms, with examples to help you see how each one impacts your money.

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The Basics of Interest Rates: How They Affect Loans and Savings

Interest rates may feel like just another number set by the Federal Reserve, but they ripple through nearly every aspect of personal finance.

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Choosing Your Banking Partner in Kansas City and Beyond

Kansas City has options—make sure your bank is the right one. From mobile tools to community connection, here’s how to find a financial partner that works for you.

Payments Don’t Move Without People: How Backpack and OMBX Build With a People-First Mindset

Banking as a Service is more than just payment processing and risk management. It’s about true collaboration, a financial partner that gets it, and clear and honest communication.

Hacker in a black hoodie and gloves typing on a laptop with code in the forefront

How to Spot and Avoid Digital Financial Scams

Learn how to protect your money and identity from digital scams. Spot the red flags, avoid common traps and follow expert tips for banking safer online.

What’s the Key to Breaking the Debt Cycle?

Looking to break out of the seemingly never-ending cycle of debt? Financial literacy is perhaps the most powerful tool you can use to stop the debt cycle and take control of your money.

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How Much Money Should You Keep in a Checking Account?

Most people don’t think twice about their checking account—but they should. Learn how much money you really need to keep in checking (hint: it’s probably less than you think) and what to look for in an account that pulls its weight.

A hand placing a credit card into a chip reader terminal surrounded by shopping bags.

Why We Buy Things We Don’t Need

Understanding why we spend money can help us make better financial decisions, reduce unnecessary purchases and take control of our finances.

A computer screen with a sticky note reading "Pay Day!" on the screen, along with an e-calendar and checklist.

How to Get Paid Early: Access Your Paycheck Faster

Waiting for payday can be frustrating, especially when bills, rent or unexpected expenses arise before your paycheck hits your account. Fortunately, there are ways to access your money sooner.