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Southern California CU Climbs Into Crypto Offerings

Southland CU connects with NYDIG in buying and selling cryptocurrency services.

Physical version of Bitcoin (BTC) and California State Flag. Conceptual image for investors in High Technology (Cryptocurrency, Blockchain Technology, Smart Contracts, ICO). Source: AdobeStock.

After enhancing its digital banking abilities in the past year, the Los Alamitos, Calif.-based Southland Credit Union announced it will now offer cryptocurrency buying and selling services to its members.

In a statement Monday, officials with Southland ($1 billion in assets, 61,257 members) said it became the second credit union in California to collaborate with the bitcoin company NYDIG and with the credit union’s “fully integrated digital banking mobile app feature, Southland Credit Union Members can now buy, sell and hold bitcoin in a secure digital asset account.”

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Michael Ogden

Michael Ogden

Editor-in-Chief for CU Times.

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