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To provide financial
services and economic education to underserved individuals
in Over-the-Rhine and Greater Cincinnati Communities.
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SmartMoney
Community Services will be the leading provider of comprehensive
affordable financial services and economic education,
empowering families to achieve their financial goals
while enhancing the quality of life in our community.
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Financial
Services
SmartMoney Community
Services in partnership with Cincinnati Central Credit
Union Over-the-Rhine branch offers a wide range of affordable
standard banking services ranging from loans, direct
deposit, investment opportunities, checking and savings
accounts.
Financial
Education
SmartMoney’s
Comprehensive Financial Literacy package – SmartDollars
and Sense workshops, SmartChange one-on-one financial
counseling, and SmartTax – is designed to equip
participants with the knowledge and tools necessary
to achieve economic self-sufficiency. Utilizing workshops,
seminars, one-on-one financial counseling, and free
tax preparation services, participants receive valuable
information on budgeting, effectively managing credit
and pinpointing long-term savings goals.
Entrepreneurship
Training
SmartBusiness is a
pioneer for comprehensive micro enterprise business
training and lending in the urban core of Cincinnati.
The 12-week program assists participants with business
plan development, site acquisition, research, marketing,
personnel and financial management. |
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Matched
Savings Incentive Programs
SmartStep Savings
is a matched savings incentive or Individual Development
Account (IDA) program that provides participants with
a 2:1 savings match towards a goal of homeownership,
entrepreneurship, or post-secondary education. Participants
must save for a minimum of 1-year and a maximum of 3,
and are required to complete a 12-month workshop series
covering topics in budgeting, credit, and savings.
Homeownership
Training
The SmartHome Ownership
Workshop is a free six-week course that educates potential
first-time homebuyers on the various aspects of purchasing
a home, such as money management, the role of the realtor,
finding the right house, choosing a mortgage and other
related topics. SmartHome Pre-Purchase Counseling sessions
take a more in-depth look at factors affecting a homebuying
decision such as basic budgeting and clearing up derogatory
credit. |
