Cannabis Banking, Fincen and Payroll

Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

OCTOBER 17, 2018

Treasury Department’s Financial Crimes Enforcement Network (FinCEN), there are approximately 100 credit unions nationwide currently working with legalized marijuana businesses. So, when we started talking to our board of directors about entering the cannabis banking space, we really looked to our mission statement.”.

Credit Union

Credit Union Legal Non-Bank Underserved

Bridging Banking Gaps For Cannabis Companies

PYMNTS

DECEMBER 12, 2018

To that end, the number of banking firms that actively provide services for marijuana firms has grown by 20 percent since the dawn of 2018. Treasury Department’s Financial Crimes Enforcement Network (or FinCEN for short). It’s also about providing payroll services for employees. without resorting to cash.

Fincen

Fincen Legal Financial Crimes Credit Union

Payments Space

Credit Union Helps US Marijuana Businesses Put Down Roots

Bridging Banking Gaps For Cannabis Companies

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