ALLEN, TX (October 15, 2025) |
Credit Union of Texas (CUTX) announces the launch of its new digital assets investment platform, created in partnership with leading global financial technology company, BankSocial®. The service makes CUTX one of the first and only credit unions in Texas to offer its members the ability to seamlessly buy, sell and manage their digital assets, like Bitcoin, Ethereum, Ripple, and others.
“Giving our members thoughtful access to emerging financial tools is core to our mission,” said Eric Pointer, President & CEO of CUTX. “We complement the service with clear, practical education, self custody, and the convenience of our online banking app, empowering members to explore at their own pace with confidence.”
How it works
- Self-custody wallet: Members open a BankSocial wallet from their CUTX dashboard and retain full control of private keys.
- Funding: Digital purchases draw from eligible CUTX accounts.
- Convenient Access: Members can buy, sell, or transfer their digital assets within the CUTXMOBILE app.
- Instant liquidity: Sell assets at any time and deposit proceeds straight back into CUTX accounts.
Education built in
To support informed decisions, CUTX produced A Deep Dive into Digital Currencies, a three-part video series that demystifies blockchain basics, how digital assets work and best practices for secure investing. Additional FAQs are live at cutx.org, and trained specialists are available through its in-person and online customer service.
“As roughly one-third of credit union members already own crypto, education and security are paramount,” said John Wingate, CEO of BankSocial. “CUTX shares our commitment to people-first innovation, and together, we’re making digital assets simple, safe and local.”
The new digital currency investment platform and educational resources are available to all CUTX members on the CUTX website, https://www.cutx.org/banksocial, and the CUTXMOBILE app.