Tag: Cannabis Banking

Cannabis banking is more expensive than traditional banking due to several reasons, including labor costs, constant oversight, and strict compliance measures.
A credit union might be considered to be “smaller” than a traditional bank, but it offers benefits—like personalized service—that a large bank cannot.
Credit unions are different than banks in key ways, some of which help mitigate risk to your finances.
Credit unions and traditional banks may offer similar services, but there are key differences that cannabis industry professionals should know.
Cannabis banking doesn’t have to be difficult. A credit union has several advantages over a traditional bank when it comes to worry-free banking.
Learn how new 2024 FinCEN rules are changing compliance requirements.
Learn how Salal is breaking down barriers to service with cannabis-friendly banking.
Learn more about Salal Business Services' new portal for easy cannabis sales reporting with no fees.
Cannabis professionals can follow a few basic steps to repair, build, and maintain their credit.

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