ALLEN — Credit Union of Texas (CUTX) announces a new digital assets platform in partnership with BankSocial®, allowing members to buy, sell, and manage cryptocurrencies directly within online and mobile banking. This makes CUTX one of the first credit unions in Texas to offer seamless crypto access.
“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 practical education, self-custody, and app convenience, empowering members to explore confidently.”
How It Works:
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Self-Custody Wallet: Members retain full control of private keys via BankSocial wallet in their CUTX dashboard.
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Funding: Purchases draw directly from eligible CUTX accounts.
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Convenient Access: Buy, sell, or transfer assets within the CUTXMOBILE app.
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Instant Liquidity: Sell anytime and deposit proceeds directly into CUTX accounts.
Education Included
CUTX produced A Deep Dive into Digital Currencies, a three-part video series explaining blockchain basics, digital asset mechanics, and secure investing practices. FAQs are available at cutx.org, and trained specialists provide support online and in-person.
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 people-first innovation approach, making digital assets safe, simple, and local.”
The platform and educational resources are available to all CUTX members through CUTX.org/BankSocial and the CUTXMOBILE app.
