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Tag: Cannabis Banking

Federal Rescheduling

The cannabis industry is excited about how rescheduling cannabis might help cannabis businesses be more profitable. But cannabis banking remains problematic.
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Cash Management Strategies

Cannabis retailers can ease the burden of handling a lot of cash. Salal Credit Union’s cannabis banking experts share tips and proven cannabis industry strategies.
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How Businesses Can Securely Manage Authorized Signers and Online Banking Users

Learn how to securely manage changes to your Salal account's authorized signers and Online Banking users during staff transitions.
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Salal’s 10-Year Anniversary Serving the Cannabis Industry

Learn about Salal’s 10 year journey of banking the cannabis industry and why we’re excited about the future.
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Annual Business Account Compliance Reviews: What to Expect

Learn what to expect from the Salal Business Services annual account review process and how it helps maintain compliance and secure your business.
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Why Cannabis Banking Is More Expensive

Cannabis banking is more expensive than traditional banking due to several reasons, including labor costs, constant oversight, and strict compliance measures.
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You’re More Than Just a Number

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.
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How Credit Unions Are Different

Credit unions are different than banks in key ways, some of which help mitigate risk to your finances.
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Credit Union vs. Traditional Bank

Credit unions and traditional banks may offer similar services, but there are key differences that cannabis industry professionals should know.
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Federal Rescheduling

The cannabis industry is excited about how rescheduling cannabis might help cannabis businesses be more profitable. But cannabis banking remains problematic.
READ MORE

Cash Management Strategies

Cannabis retailers can ease the burden of handling a lot of cash. Salal Credit Union’s cannabis banking experts share tips and proven cannabis industry strategies.
READ MORE

Why Cannabis Banking Is More Expensive

Cannabis banking is more expensive than traditional banking due to several reasons, including labor costs, constant oversight, and strict compliance measures.
READ MORE
Routing Number: 325081610
PO Box 75029, Seattle, WA 98175
Salal CU NMLS #416045
Equal Housing Opportunity Federally Insured by NCUA
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