Remove Cannabis Banking Remove Non-Bank Remove Underserved
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The Complicated Picture Of Banking Cannabis SMBs

PYMNTS

This exposes these SMBs to all types of risks, from security to cash flow management, and is the direct result of banks and credit unions (CUs) being unwilling or unable to provide financial services to these companies. “This is a banking problem.” “This is a banking problem.” A Gradual Comfort Level.

Legal 78
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said. So, when we started talking to our board of directors about entering the cannabis banking space, we really looked to our mission statement.”. The industry is looking for basic banking services,” she said. “If