Our Purpose
FreeKick empowers parents with resources to help their children flourish and thrive, and supports schools and parent-led organizations that protect and prepare students.
Our People
We’re a group of parents that just happen to also be experts, in security, banking, and technology. We wanted to give our children a head start in life with a clean and protected identity and a strong credit profile. We built FreeKick for our families and want to share it with yours.
FreeKick is a division of Austin Capital Bank,
Member FDIC.
Located in Austin, Texas, Austin Capital Bank is an FDIC-insured independent community bank. We are dedicated to serving communities defined by common needs, not common geography. We have an entire division of experts dedicated to digital banking products that help consumers and small businesses across America. As a 7-time consecutive INC 5000 award recipient, we’ve been consistently recognized as one of the best performing financial institutions in the nation and in 2021 we were ranked as the top performing consumer lending bank in the United States for banks of our size.
Our Principals
Erik and Bob are first and foremost parents and secondarily entrepreneurs with decades of experience in financial services and technology. They have created some of the most innovative and successful credit building and digital savings products in the nation.
While they both share an entrepreneurial zest for creating new products, they also share a passion and sense of responsibility for serving families, communities, and schools, having served their communities in numerous volunteer and leadership roles, including Junior Achievement, K-12 STEM and robotics programs and Austin Sunshine Camps for Underprivileged Youth
Erik Beguin CEO
As a former advisor to federal agencies, I became aware of the threat of Synthetic Identity Fraud, especially to children. As a community bank CEO, I understand the importance of building good credit early. Motivated to protect my own kids, I created the FreeKick savings account, which helps protect children’s identities and build credit, while also supporting schools. This led to the creation of FreeKick.bank.
Nationally Recognized CEO
Key Accomplishments:
- Two-time federal appointee to the Consumer Financial Protection Bureau Community Bank Advisory Council
- Two-term member of the Community Depository Institution Advisory Council for the Federal Reserve System’s Board of Governors.
- Chairman of the Community Depository Institution Advisory Council for the Federal Reserve Bank of Dallas (5 years).
- Contributor to the Texas Banker Association’s Future of Banking Taskforce.
- Founder of Austin Capital Bank.
- Former leader at Works, Inc., acquired by Bank of America.
- Brand management experience at Procter & Gamble.
- Management consulting and CPA work at KPMG.
Bob Weinschenk Fintech President
I’m a geek at heart, an engineer by training, and a serial entrepreneur by career. I love working with passionate people to solve problems and create products that make a positive impact. FreeKick is one such product—protecting families, building credit for kids, and supporting schools. When I’m not focused on new projects, I enjoy mentoring bright students in our school district’s robotics program.
Builder of FreeKick
- Former CEO of SmartyPig – a goal-based digital savings platform
- Co-founder/CEO of seven successful venture-led start-ups across a variety of industries, two spun out of Stanford University
- Board member for the most successful trauma blood catheter company in the world (product used to save lives worldwide)
- President of one of the largest and most successful high school STEM/robotics non-profits in the United States