Monday, June 13, 2022

Achieva Credit Union adds bitcoin service to its app

Achieva Credit Union in Dunedin, Fla., has begun offering a bitcoin service on its mobile app.

The $2.6 billion-asset credit union said in a press release that it began working with NYDIG, a bitcoin technology company, in December. Achieva said it had noticed in the past year that its members had been trading in more than $2.6 million of cryptocurrency.

“It was clear that many members want to get involved with crypto, and we felt it was time to provide access to bitcoin from an institution they trust,” Tracy Ingram, Achieva’s chief digital and infrastructure officer, said in the release. 

Achieva’s bitcoin widget lets users buy, sell or hold bitcoin; see the current value of their holdings; and view their trading history. 

The move comes at a time when bitcoin prices have been sharply falling. 

Achieva also offers crypto education services to its members. The credit union’s members were part of a three-week pilot for the new widget.

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