Menu
Menu
In the complex and ever-changing world of cannabis banking, experience really does matter. Since 2014, Salal Credit Union has been a national leader in providing financial services for the licensed and regulated cannabis industry. Looking to turn your cannabis business vision into reality? Let’s talk.
Available in these states.
Discover how Salal’s Social Equity Cannabis Banking program is helping make financial services more accessible to businesses that hold a cannabis social equity license.
Discover how Salal’s Social Equity Cannabis Banking program is helping make financial services more accessible to businesses that hold a cannabis social equity license.
Robust checking and savings solutions customized to fit the needs of your cannabis businesses.
Affordable financing and flexible terms for everything from equipment investments to commercial solar systems.
From basic checking to home loans, cannabis industry professionals have access to our full suite of personal banking services.
For a cannabis business, it pays to bank with a credit union that understands the unique challenges faced by your industry. Our dedicated business services team develops checking and savings solutions tailored to meet the unique needs of your business, with experienced and responsive support to keep your company moving forward. Our cannabis business banking services include:
From expanding your operations to managing cash flow, cannabis businesses need dependable access to financing just like any other industry. Our cannabis business lending program features competitive rates with quick processing and funding times, along with a proven regulatory track record.
Our commitment to your success goes beyond banking. We know it can be a challenge for plant-touching and ancillary cannabis businesses to find services you can depend on. With our trusted referral partners, you can keep your business running smoothly and leave the vetting to us.
Owner, Khush Khush
Bellingham, WA
Sunny and his immigrant family saw cannabis cultivation as a way to realize their version of the American dream: owning a successful business and achieving financial stability.
Canna-business employee
Elma, WA
Chantel had her new car for 10 days. Then the dealership called—her car loan had been denied simply because she worked for a canna-business.
Owners, Hashtag Cannabis
Seattle, WA
Let us know the best way to contact you and a Salal Business Banking Specialist will get back to you.
Equal Housing Opportunity Federally Insured by NCUA
All Salal accounts and loans are subject to credit approval. Salal Credit Union membership required.
Sunny and his immigrant family saw cannabis cultivation as a way to realize their version of the American dream: owning a successful business and achieving financial stability. But not long after they got their business up and running, their previous bank froze all their accounts and funds—including personal accounts. Thanks to Salal, they were able to get a new business banking account, allowing them to write checks, accept check payments on invoices, and stop paying their employees in cash. Now, with access to standard banking services that most companies take for granted, this multi-generational family business is stronger than ever.
Canna-business employee
Elma, WA
Chantel had her new car for 10 days. Then the dealership called—her car loan had been denied simply because she worked for a canna-business. The dealership asked her to return the car. But how was she going to commute 30 miles to work without a car? Luckily, her boss told her about Salal. By the time Chantel got off work that day, not only had Salal sent new loan paperwork to the dealership for her to sign, her interest rate went from 17% to 8%. She was able to keep her car and now she is also building financial wellness with a checking and savings account.
Jerina and Logan were looking to open their first canna-business retail store, but no bank would give them a checking account. They were excited to turn their business vision into reality, but running a business unbanked was a deal-breaker for them. They wanted to do everything “above board” or not at all. With business banking services from Salal, they are able to pay their employees, vendors, and taxes just like any other business would do. Plus, they have a safe and secure way to store their money. Gaining access to banking services has given their business the legitimacy it needed to grow and thrive. Now they have 45 employees and are gearing up to open their third store.
Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.
Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.
Fill out the form below and one of our Mortgage Advisors will get back to you within 1-2 business days. Their recommendations come with no obligation.
Select your state below to schedule a call with the Salal Dealer Direct representative in your region.
