Flushing Bank, a New York-based commercial bank, has announced that its parent company Flushing Financial Corporation entered into an agreement with NYDIG to offer bitcoin services to its customers.
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According to a press release, the bank aims to launch the service in Q1, 2022. That being said, the bank's clients will be able to buy, sell, and hodl bitcoin (EXANTE: Bitcoin). NYDIG CIO, Patrick Sells, says consumer interest in bitcoin "is growing rapidly." Sells added:
"Together with forward thinking institutions like Flushing Bank, we are on the path to achieving our mission of bitcoin for all."
Based in the US only, Flushing Bank offers savings, cards, mortgages, and online banking services. In October last year, NYDIG in a partnership with Q2 announced that Five Star Bank and UNIFY Financial Credit Union became the first financial institutions in the US to allow their clients to trade cryptocurrencies.
Founded in the 1850s, Five Star Bank has over 50 branches in all around the word. UNIFY Financial Credit Union has the same number of branches around the US, with more than $3 billion in assets and 250,000 clients.
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