Safely providing cannabis financial services.

How it works:  

Cannabis Compliance

We implement the Cannabis Compliance Program at your bank, train your staff, and ensure you are ready to bank cannabis.

Customer Screening

We screen potential CRB customers and introduce them to you after they’ve passed our rigorous vetting process.

Continuous Monitoring

We provide ongoing monitoring, reporting, and remediation of transaction activities at the account and overall program level.

Before you begin banking cannabis, we ensure you’re ready by providing:

  • Comprehensive policies and procedures
  • Training at the line, management, & board levels
  • AML/BSA/KYC program evaluation
  • ERM & Technology evaluation
  • Program FinCEN guidelines verification

Before you onboard a CRB, we ensure they are ready by providing:

  • Comprehensive compliance audit, including an operational review, critical document review, background checks, and any necessary remediation
  • Training for CRB management & staff
  • Ongoing monitoring and inspection of each CRB account to ensure they remain compliant with current and future requirements

We provide ongoing transaction monitoring and support:

  • Monthly reports for each of your CRB accounts
  • Verify that state tax filings match POS and deposits data
  • Quarterly program reporting for management & board
  • ERM and technology evaluation
  • Support through all audits and exams

We Become Part of Your Team.

We’ll be there with you every step of the way at the line, management, and board levels. We are only as successful you are, so think of us an extension of your team.

Manager Risk to Realize Rewards

Cannabis banking is somewhat complex, but solvable. When done right, it can provide a highly profitable source of new deposits. Preparing early has “first-mover” advantages.

Sample Bank Getting Started Potential
Existing Deposits $1B $1B
Potential Cannabis Deposits $10M $100M
Cannabis % 1% 10%
Existing Yield on Assets 5.5% 5.5%
Negative Cost of Funds (BP + Fees) 1% 1%
Total Spread 6.5% 6.5%
Gross Yield on Cannabis Deposits: $650,000 $650,000

Contact Us Today