Removing Barriers Blog

Push for legislation allowing banks to serve the cannabis business is gaining momentum
Posted May 20, 2019 by CUNA Advocacy

This afternoon, MarketWatch published an article interviewing Rachel Pross the Chief Risk Officer at Maps Credit Union in Oregon and myself about cannabis banking.  Our interviews focused on the cannabis banking movement in Congress and highlights the work we’ve both been doing to create a safe and efficient ways for cannabis businesses have access to financial services. We both agree, cannabis banking can be conducted safely and efficientlywe just need common-sense federal laws and regulations.