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CUTX Launches Digital Investment Platform in Dallas

News Summary

The Credit Union of Texas (CUTX) has introduced a new digital assets investment platform aimed at empowering members to explore cryptocurrency. Launched in Dallas, the platform provides access to popular digital assets like Bitcoin and Ethereum, along with essential educational resources. CUTX emphasizes user-friendly features, including a mobile app for investment management and a video series that educates members about blockchain technology. This initiative reflects CUTX’s commitment to community service, including efforts to serve the Hispanic community through its Todos Unidos brand.

Exciting New Venture in Dallas: CUTX Unveils Digital Investment Platform

Dallas, Texas has just taken a major leap into the realm of modern finance with the newly launched digital assets investment platform from the Credit Union of Texas (CUTX). This innovative move, which kicked off on September 8, 2023, is paving the way for members to dive into the world of cryptocurrency with unparalleled access and education. Partnering with BankSocial®, CUTX is ready to equip its members with tools to buy, sell, and manage popular digital assets like Bitcoin, Ethereum, and Ripple.

A Trendsetter in Texas

What sets this platform apart? Well, it’s among the very first of its kind offered by a credit union in Texas! With the modern financial landscape evolving rapidly, CUTX President and CEO emphasized how necessary it is to provide members with access to these emerging tools, while also focusing on practical education.

The platform isn’t just about transactions; it comes with a user-friendly online banking app that caters to all levels of tech savviness. Members can manage their investments with self-custody options, ensuring they have full control over their assets – a groundbreaking feature in the credit union landscape.

Learning Made Easy

three-part video series titled “A Deep Dive into Digital Currencies”. This educational initiative is geared towards helping members grasp the basics of blockchain technology and learn secure investing practices. With about one-third of credit union members already dipping their toes into cryptocurrency, this platform and its educational resources are likely to fill a significant gap in the market.

All the exciting digital currency investment tools are accessible through the CUTX website and mobile app, ensuring members can take charge of their financial futures anytime, anywhere!

Serving the Community

What’s even more impressive is CUTX’s history in the region. For nearly 100 years, this credit union has been a reliable source of financial services in North Texas, managing over $2.6 billion in assets. In a bid to enhance accessibility, CUTX has also launched a Spanish-language brand called Todos Unidos. This new initiative aims to better serve the Hispanic community by providing access to all CUTX products and services in Spanish, along with bilingual staff.

The endeavors of Todos Unidos have been crafted based on focus group feedback to really understand and address the financial needs of the Hispanic community. In addition, CUTX has teamed up with AVANCE to offer enriching financial education courses for Spanish-speaking parents, further demonstrating the commitment to community impact.

Recognition and Community Impact

Speaking of community impact, CUTX is no stranger to accolades. The credit union has been recognized for its dedication and excellence in serving the community with awards from the Communities Foundation of Texas and has even been voted the Best Credit Union in DFW by readers of a prominent local newspaper.

With BankSocial by its side, CUTX aims to merge traditional credit union services with the innovative world of decentralized finance (DeFi). This exciting partnership is set to equip the public with equitable financial tools, presenting an enticing blend of new-age finance and community-driven service.

In this ever-evolving financial landscape, CUTX is ready to stride forward, ensuring that its members are well-equipped for the future. It’s a fantastic time to be a member and explore the opportunities that await!

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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

DALLAS STAFF WRITER The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.