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For greater Akron to truly thrive, the population needs to be empowered and fiscally healthy. Access to trustworthy and free financial services should be a public right, and the Akron Financial Empowerment Center is the first step in making that goal a reality.


What is a Financial Empowerment Center?

The Akron Financial Empowerment Center (FEC) is the first in Summit County to offer professional, one-on-one financial counseling as a free public service to enable residents to address their financial challenges and needs and plan for their futures. The Akron FEC is a program of the Mayor's Office in partnership with United Way of Summit County.

 

In partnership with Bloomberg Philanthropies and others, the Cities for Financial Empowerment Fund is promoting FEC replication through supporting cohorts of local government leaders to develop, launch, and implement financial counseling as a free public service, along with strategic research projects to enhance the success of financial counseling.

 

Why type of financial coaching does the FEC Offer?

Credit Score Improvement: Your credit score can impact your ability to borrow money, obtain certain types of employment or secure affordable housing. Financial coaches will pull your credit report, explain your score and help you develop a plan for improvement. 

Debt Reduction: Reducing debt can give you the ability to save more money, alleviate financial stress and achieve your financial goals. Financial coaches will work with you to create a budget and develop strategies for repaying debt and dealing with debt collectors. 

Increased Saving and Asset Building - Weathering financial shocks and setbacks while saving for the future is a critical step toward financial security. Financial coaches can help you develop a plan to reach your saving goals. 

Banking Access - Accessing a safe, affordable account is key to joining the financial mainstream and keeping earnings secure by saving. Bank On Rubber City, housed in the Financial Empowerment Center, works to expand local access to safe, low- or no-fee banking services. Financial coaches will work with you to identify a bank or credit union that meets your needs. 

 

How can I utilize these services?

Request an appointment online or call 2-1-1 to make an appointment today!

Appointments with a professional financial coach can be made Monday through Friday, daytime and evening appointments are available. Appointments are required, the center does not accept walk-ins at this time.

 

Akron Financial Empowerment Center in Kenmore
1060 Kenmore Blvd
Akron, OH 44314

(330) 685-9430

 

 

 

 

 

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Mayor Don  Plusquellic

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