Services For Banks & Credit Unions
The Safe Harbor Program helps financial institutions access the multibillion dollar cannabis industry.
Not a financial institution? Check out Safe Harbor for Business
As the nation’s first and only service-based program that specializes in helping financial institutions provide business banking to cannabis-related businesses (CRBs), the Safe Harbor Program can help you complete and exceed the due diligence, monitoring and reporting requirements that are typical barriers to providing services to CRBs
The Safe Harbor Program allows you to service CRBs of all types. It assists you in managing the complex reporting requirements of growers, dispensaries and retailers, as well as the lesser burden of proof required of cannabis associations, service companies (payroll, staffing, security, etc.), cannabis industry consultants and landlords.
Explore this section to learn more about the program’s services, how the program works and what you need to do to become a Safe Harbor financial institution partner. We will help you take that next step towards building your CRB customer base and safer communities.
The services you need to connect with cannabis-related businesses.
The benefits of offering financial services through the Safe Harbor Program
As a financial institution, the Safe Harbor Program helps you:
- Streamline the process of onboarding new cannabis-related business (CRB) accounts
- Automate your reporting requirements
- Follow FinCEN guidelines for providing financial services to CRBs
- Retain control and embrace the booming yet underserved CRB customer market
- Foster a safer atmosphere in the communities where your CRB customers are located
The fees associated with the Safe Harbor Program
Program fees incurred by financial institutions:
There are certain program fees associated with being a partner in the Safe Harbor Program which can be detailed by the Safe Harbor staff when you inquire about the program.
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Become a Safe Harbor Program Partner today
With the Safe Harbor Program helping manage the due diligence, monitoring and reporting requirements that are typical barriers, we make it effective for you to provide banking services to CRBs. The sooner you become a Safe Harbor partner, the greater your opportunity to capture early market share and gain access to a variety of additional revenue streams. You also increase your market position as a go-to industry leader in your state as well as nationally.Get Started Today