Frankenmuth Credit Union Partners with CryptoFi, Delivering Cryptocurrency to Members

September 14, 2023 – CryptoFi announces a partnership with Frankenmuth Credit Union to implement cryptocurrency services through CryptoFi. CryptoFi’s partnership with Frankenmuth Credit Union enables member access to digital assets, including Bitcoin, Ethereum and others, within its mobile app and online banking platform.

"As we embark on this groundbreaking journey with CryptoFi, I am truly thrilled about the opportunities that lie ahead. At Frankenmuth Credit Union, we've always been committed to embracing innovation and providing our members with the tools they need to thrive in a rapidly evolving financial landscape,” said Vickie Schmitzer, CEO of Frankenmuth Credit Union. “Partnering with CryptoFi to offer cryptocurrency services is a testament to our dedication to staying at the forefront of technological advancements. We believe that by bridging the gap between traditional finance and the exciting world of cryptocurrencies, we are not only enhancing our members' financial possibilities but also shaping the future of banking."

In addition to providing a way for credit union members to safely invest in digital assets, CryptoFi’s white label solution helps credit unions drive new member acquisition, retention, and engagement and build additional non-interest income. These features help Frankenmuth to become the top-of-wallet choice for anyone interested in a safe and secure platform to buy, sell, and hold cryptocurrency. The CryptoFi solution delivers frictionless access, immediate settlement, and convenience to members. Educational content prominently featured alongside trading tools helps members make informed and confident investment decisions. CryptoFi also works directly with partner financial institutions to drive engagement with the cryptocurrency offering, train staff, and support a long-term relationship. 

"We are thrilled to announce our partnership with Frankenmuth Credit Union. This collaboration signifies our commitment to revolutionize the credit union industry and provide innovative solutions to our clients,” said Kian Sarreshteh, CEO of CryptoFi. “Together, we will pave the way for a future of seamless and secure crypto transactions, empowering individuals to take control of their financial independence."

About Frankenmuth Credit Union

A group of locals looking for alternative financial options to meet their needs established Frankenmuth Credit Union in 1964. Today, Frankenmuth has grown to over 68,000 members, over $1 billion in assets, and serves 26 communities with 30 convenient locations. Even though it has grown since its founding, Frankenmuth is still interested in only one thing: people helping people. The credit union looks to provide sound financial advice and services for every member’s situation. Frankenmuth is rooted in the community and hopes to make an impact through staff volunteering and their foundation. For more information about Frankenmuth Credit Union, visit frankenmuthcu.org.

About CryptoFi

CryptoFi is a Cryptocurrency-as-a-Service (CaaS) company building innovative technology solutions that expand access to digital assets. CryptoFi’s solutions bridge the gap between traditional finance and digital assets, compliant with all regulations. CryptoFi offers a seamless crypto trading and education interface for credit unions and their members, as well as a robust set of management, data analytics, member engagement, and support tools. Our focus is on unlocking value for our clients through increased member acquisition and retention, as well as delivering a new stream of non-interest income.