What should Credit Unions be doing about Crypto?
According to a recent Cornerstone Advisors survey, 79% of financial institutions have no interest in offering cryptocurrency investing services. This indicates a significant blind spot; according to the same study 15% of US consumers already own crypto, and 60% say they would use their bank or credit union to manage such assets. Consumers will access these new investment vehicles regardless- it would be a shame if credit unions fumbled their chance to be part of that equation.