Southland Credit Union launches mobile cryptocurrency service along with $ 5 Bitcoin campaign
Southland is the second credit union in the Southern California area to offer buying and selling cryptocurrencies through NYDIG
LOS ALAMITOS, California– (BUSINESS WIRE) –#BankSouthland Credit Union, a billion-dollar credit union, today announced the company’s partnership with NYDIG, a leading bitcoin company. As the latest early user of cryptocurrency services, Southland will be the second credit union in the Southern California area to offer cryptocurrency buying and selling services. Through a fully integrated digital banking mobile app feature, Southland Credit Union members can now buy, sell and hold bitcoin in a secure digital asset account.
The Los Alamitos-based credit union is the second credit union in the Southern California area to launch cryptocurrency services with NYDIG. To celebrate the rollout of the new cryptocurrency feature, Southland members who sign up before October 18 will receive $ 5 in free bitcoin.
“Following the successful launch of our enhanced digital banking services in 2021, Southland is committed to continuing to deliver cutting-edge technologies to our members,” said Southland President and CEO Tom Lent. “Credit unions such as Southland have an opportunity to offer secure and accessible cryptocurrency services to our members, and we are pleased to integrate this technology into our digital banking platform.”
Southland’s cryptocurrency mobile app feature will offer quick and easy sign-up, no hidden fees and the convenience of financing bitcoin purchases directly from a Southland account.
While bitcoin will initially be the only digital currency available for purchase and sale in the credit union’s mobile app, Southland intends to explore ways to expand its cryptocurrency offerings in the future. Southland’s digital banking provider Alkami has also entered into a partnership with NYDIG to facilitate the delivery of the mobile function to app users.
“NYDIG is excited to partner with the future-oriented team at Southland,” said Rahm McDaniel, Head of Banking Solutions at NYDIG. “Like the second credit union in the Southern California area to launch bitcoin services with NYDIG, this partnership is monumental to the wider use of bitcoin, and marks another step toward NYDIG’s vision of bitcoin for all.”
Southland Credit Union membership is open to anyone who lives, works, worships, or attends school in Los Angeles County or Orange County, California.
About Southland Credit Union
Southland Credit Union is a $ 1 billion credit union serving more than 60,000 members in the counties of Orange and Los Angeles. Branches are in Long Beach, Los Alamitos, Downey, Carson, Santa Monica, St. John’s Health Center and the Los Angeles Federal Building in downtown Los Angeles.
Operating as a not-for-profit financial cooperative, Southland is dedicated to providing our members with exceptional, comprehensive and innovative financial solutions, delivered with unique personalized Southland service. For more information, visit
Contacts
Matt Herrick
SVP Marketing & Financial Services
Southland Credit Union
[email protected]
562-936-8713
