Southland Credit Union Launches Mobile Cryptocurrency along with $5 Bitcoin Promotion

Southland is the second credit union in the Southern California region to offer cryptocurrency buying and selling services through NYDIG

Los Alamitos, California – (BUSINESS WIRE) –#banking servicesSouthland Credit Union, a $1 billion credit union, today announced the company’s partnership with NYDIG, a leader in bitcoin. As the latest early adopter of cryptocurrency services, Southland will be the second credit union in the Southern California region to offer cryptocurrency buying and selling services. With the functionality of an integrated digital banking mobile app, Southland Credit Union members can now buy, sell and hold bitcoins in a secure digital asset account.

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The Los Alamitos-based credit union is the second credit union in the Southern California region to launch cryptocurrency services with NYDIG. To celebrate the launch of the new cryptocurrency feature, Southland members who register before October 18 will receive $5 in free bitcoins.

“Following the successful launch of our enhanced digital banking services in 2021, Southland is committed to continuing to bring the latest technology to our members,” said Tom Lint, President and CEO of Southland. “Credit unions like Southland have the ability to provide secure and accessible crypto services to our members, and we are excited to integrate this technology into our digital banking platform.”

The Southland cryptocurrency mobile app feature will provide quick and easy registration, no hidden fees, and the convenience of funding bitcoin purchases directly from your 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 offering in the future. Southland digital banking provider Alkami has also partnered with NYDIG to help provide mobile functionality for app users.

“NYDIG is delighted to partner with the forward-thinking team in Southland,” said Ram McDaniel, Head of Banking Solutions at NYDIG. “As the second credit union in the Southern California region to launch bitcoin services with NYDIG, this partnership is huge for broader bitcoin adoption and represents a step closer to NYDIG’s vision of bitcoin for everyone.”

Membership in Southland Credit Union 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 that serves more than 60,000 members in Orange and Los Angeles counties. Branches are located in Long Beach, Los Alamitos, Donnie, Carson, Santa Monica, St. John’s Health Center and the Los Angeles Federal Building in downtown Los Angeles.

Southland operates as a not-for-profit financial cooperative, committed to providing its members with exceptional, comprehensive and innovative financial solutions, delivered with Southland’s unique personalized service. For more information, visit https://www.southlandcu.org/digital-banking/cryptocurrency/.

Contacts

Matt Herrick

Senior Vice President of Marketing and Financial Services

Southland Credit Union

[email protected]
562-936-8713

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