The Financial Brand Features FreeKick and Austin Capital Bank
AUSTIN, TX (March 26, 2025) – FreeKick, in collaboration with Austin Capital Bank, has garnered attention in The Financial Brand for its groundbreaking approach to family fraud protection. The article, “How a New Bank Account Incentivizes Families to Fight Fraud,” highlights how this unique partnership has launched a bank account designed to empower families by rewarding them for practicing better fraud protection and security measures.
A deposit of at least $1,000 in its FreeKick savings account comes with credit monitoring for two parents and up to six offspring ages 0 to 25. There are no fees for a FreeKick account or for the identity protection services. What’s more, it is an interest-bearing account with tiered rates, so parents are, in effect, getting paid to protect their family.
“We believe financial fraud has reached epidemic proportions,” says Erik Beguin, the founder and chief executive officer of Austin Capital Bank. “The COVID-19 pandemic served as an incubator for financial fraud. It’s our position that fraud losses by consumers, businesses and financial institutions — while massive and growing rapidly — are all materially underreported.”
For more information on the innovative account features and how families can benefit from enhanced fraud protection, visit the article here.
About Austin Capital Bank
Austin Capital Bank is a 5-Star rated, FDIC-insured, independent community bank located in Austin, Texas. The bank powers responsible financial innovation and digital banking services nationwide. Austin Capital Bank is consistently recognized as a top performing financial institution and has been ranked on consecutive INC. 5000 lists since 2016. Austin Capital Bank is unique among community banks in that it defines ‘community’ as a common set of needs and values vs the traditional geographic focus of community banks.