Cannabis Banking Directory: Banks and Credit Unions Serving Cannabis Businesses

The verified directory of U.S. banks and credit unions that bank cannabis businesses, grouped by footprint, with direct links to each institution's cannabis banking program page.

Cannabis Banking

Finding a bank or credit union that will serve a cannabis business remains one of the industry's hardest problems. Only 300 to 400 of the roughly 9,000 insured depository institutions in the United States bank cannabis-related and marijuana-related businesses, and most that do never advertise it. This directory is a central, regularly verified hub of U.S. banks and credit unions with publicly documented cannabis banking programs, with direct links to each institution's cannabis page where one exists.

Every link below was independently verified as live in July 2026. Listings draw on public sources, including the PBC Conference Cannabis Banking Directory, state regulator lists, institution announcements, and trade press, supplemented by StandardC's own research. Inclusion is not an endorsement by StandardC, and institutions change their risk appetite, service areas, and fees frequently: always confirm program status, eligibility, and pricing directly with the institution. Programs listed serve marijuana-related businesses (MRBs); hemp-only programs are noted where relevant.

How to use this directory

Institutions are grouped by footprint. Nationwide and multi-state programs accept applicants across many legal markets; regional listings serve specific states. "Bank" means an FDIC-insured bank; "CU" means an NCUA-insured credit union unless noted. Before applying, expect a due diligence package (state license, formation documents, beneficial ownership, financials), onboarding and monthly program fees, and continuing compliance obligations under FinCEN guidance FIN-2014-G001. Our guides to initial due diligence and cannabis banking generally explain what institutions will ask for and why.

Nationwide and multi-state cannabis banking programs

Blue Sky Bank (Bank, OK-chartered) - coast-to-coast Canna-Direct accounts for plant-touching businesses and Canna-Indirect accounts for ancillary firms, with armored pickup and merchant services.
Credit Union 1 (CU, IL-based) - multi-state tiered cannabis checking with cash vaults, smart safes, ACH, and payroll partnerships; absorbed Live Life FCU's Michigan cannabis program.
Dart Bank (Bank, MI-based) - 750+ cannabis and hemp clients nationwide, with treasury tools and hemp merchant processing.
First Federal Bank (Bank, FL-based) - specialty deposit banking for cannabis, hemp, and CBD businesses in all 50 states and U.S. territories.
First Fidelity Bank (Bank, OK-based) - cannabis program since 2016 with accounts, treasury management, armored car, merchant services, and business lending across 20+ states.
First National Bank of Pasco (Bank, FL-based) - commercial cannabis banking and lending since 2018 across states east of the Mississippi (except NY).
Herring Bank (Bank, TX-chartered) - nationwide cannabis banking from a dedicated Colorado Springs branch, with state-specific programs and armored courier coverage.
Needham Bank (Bank, MA-based) - full-service cannabis banking and scalable lending in 20+ states, including a Bank at Work program for industry employees.
Regent Bank (Bank, OK-based) - dedicated cannabis division since 2019 with direct and indirect CRB accounts, hemp/CBD accounts, and cannabis business insurance; 300+ CRB clients.
Salal Credit Union (CU, WA-based) - one of the longest-running cannabis banking programs in the country (2014), serving nine-plus states with deposits, cash logistics, lending, and a social equity program; 1,600+ cannabis businesses served.
Stearns Bank N.A. (Bank, MN-based) - BusinessGreen checking nationwide with cash logistics via Empyreal, plus significant cannabis commercial lending.
Valley Bank (Bank, NJ-based, ~$60B assets) - the largest bank with a scaled national cannabis program: digital banking, secure cash transport, and platform integrations for plant-touching and ancillary businesses.
West Town Bank & Trust (Bank, IL-chartered) - dedicated cannabis program launched 2022 with tiered onboarding and a certified cannabis banking team.
Farmers Bank & Trust (Magnolia, AR) (Bank) - cannabis banking and lending across ten south-central states (AR, CO, KS, LA, MO, MS, NM, OK, TN, TX).

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Northeast: MA, RI, CT, VT, ME, NY

BayCoast Bank (Bank) - MA, RI; one of the first Massachusetts banks to serve CRBs, with coin and currency processing and an employee banking program.
Dedham Savings (Bank) - MA; cannabis checking, treasury management, and dispensary financing with published program fees.
Northern Bank (Bank) - MA; marijuana establishment accounts including the Massachusetts CCC-required escrow account, smart safes, and cash transport.
GFA Federal Credit Union / Lighthouse Biz Solutions (CU) - MA and expanding; the first Massachusetts institution to bank recreational cannabis (2018), with banking and lending through its Lighthouse subsidiary.
People's Credit Union (CU) - RI (with MA lending); the first Rhode Island institution to bank cannabis, with certified Cannabis Banking Professionals on staff.
Greenwood Credit Union (CU) - RI; serves Rhode Island cannabis businesses (listed by the RI Cannabis Control Commission) but does not publish a program page; contact directly.
Vermont Federal Credit Union (CU) - VT; marijuana business checking and money market accounts with courier cash deposits, in partnership with Green Check and Empyreal.
New England Federal Credit Union (CU) - VT; serves member MRBs with dedicated compliance staffing and specialized cash handling on a cost-recovery fee schedule.
Evergreen Credit Union (CU) - ME; one of Maine's largest credit unions openly serving the state's cannabis community.
AmeriCU Credit Union (CU) - NY; specialty cannabis banking arm with cash pickup and delivery plus cannabis lending (lines of credit, equipment, CRE).
Tioga State Bank (Bank) - NY; dedicated CRB team banking licensed dispensaries, cultivators, processors, and microbusinesses.
Suffolk Credit Union (CU) - NY (Long Island); direct and indirect cannabis business banking plus personal accounts for industry employees.
Sunmark Credit Union (CU) - NY (Capital Region); serves pre-licensed and licensed MRBs with checking, a cannabis money market, and a dedicated CRB team.

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Mid-Atlantic: NJ, PA, MD, DC, VA, DE, WV

Affinity Federal Credit Union (CU) - NJ; cannabis banking for dispensaries through ancillary businesses, with armored transport via partner and employee personal banking.
Financial Resources Federal Credit Union (CU) - NJ; savings, checking, and online business banking for direct and indirect CRBs with mandatory armored cash-in-transit.
Parke Bank (Bank) - PA, NJ, NY, DE, OH, MA, MO, IL, MI; one of the earliest CRB bankers (since New Jersey's medical program), with cash management and commercial lending.
Jonestown Bank & Trust Co. (JBT) (Bank) - PA-based, serving DE, MD, NJ, NY, OH, PA, WV; dedicated cannabis banking department since 2018 with certified cannabis banking staff.
First Commonwealth Federal Credit Union (CU) - PA, NJ; cannabis checking, cash management, and lines of credit led by an Accredited Cannabis Banking Professional.
FVCbank (Bank) - DC, MD, VA; compliant accounts, armored cash handling, and substantial commercial cannabis lending in the DMV.
Bulldog Federal Credit Union (CU) - MD; one of Maryland's earliest cannabis bankers (2018), on the Maryland Cannabis Administration's registered creditor list; no public program page, contact directly.
Nymeo Federal Credit Union (CU) - MD (Frederick and Montgomery County); cannabis banking through its SweetLeaf Financial division.
Signal Financial Federal Credit Union (CU) - DC, MD, VA; tiered direct and indirect CRB program with Green Check compliance and Empyreal cash logistics.
Element Federal Credit Union (CU) - WV, OH, MD, DC; accounts for growers, processors, and dispensaries, and holder of West Virginia's state medical cannabis banking contract.

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Southeast: FL, GA, MS, AL

Cogent Bank (Bank) - FL; treasury services, deposit accounts, and select CRE lending for the Florida cannabis supply chain.
USF Credit Union (CU) - FL; "Verde" cannabis program launched 2025 with debit cards, ACH, armored transport, and a dedicated concierge officer.
First Port City Bank (Bank) - FL, GA; specialty banking for cannabis and hemp businesses, including loans and equipment financing, rooted in 50 years of agricultural lending.
Merchants & Marine Bank / CannaFirst Financial (Bank) - MS, AL; the first Mississippi bank division dedicated to cannabis, with funds tracking integration and cash transport.

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Midwest: MI, OH, MN, IL

Bank Michigan (Bank) - MI; full-service cannabis banking including CRB real estate lending, plus accounts for industry vendors and employees.
Citizens State Bank (CanBank) (Bank) - MI; CanBank program with armored courier, smart safes, and treasury management for dispensaries, labs, and processors.
Community Choice Credit Union (CU) - MI; 800+ cannabis businesses served, with interest-earning checking, smart vaults, and CRE and equipment lending.
Frankenmuth Credit Union (Envy) (CU) - MI; branded Envy cannabis program (2021) for plant-touching and ancillary businesses with payroll, ACH, and employee perks.
Honor Credit Union (CU) - MI; specialty banking program since 2019 under a personal-banker model, including pre-license businesses.
State Savings Bank (Bank) - MI (northern Michigan); flat-fee cannabis checking plus commercial lending with Metrc-integrated compliance.
Union Bank of Michigan (Bank) - MI, IL; banking CRBs since January 2019 with cannabis deposit accounts, loans, CDs, and armored courier pickup.
Kellogg Community Credit Union (Thrive) (CU) - MI; Thrive cannabis program offering checking, savings, money markets, and wires to growers, labs, and provisioning centers.
PFCU (Portland Federal Credit Union) (CU) - MI (western Michigan); cannabis concierge model with dedicated relationship analysts and full-service business banking.
Wright-Patt Credit Union (CU) - OH; Ohio's largest credit union, serving a reported near-half of the state's MRB banking market with deposit, lending, and contracted cash transport.
North American Banking Company (Bank) - MN; in cannabis banking since 2014, with full deposit services and commercial lending for cannabis, THC, hemp, and CBD businesses.
VisionBank (Bank) - MN; listed in industry directories as cannabis-friendly but publishes no program details; contact directly.

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South Central: OK, AR, TX region

First Enterprise Bank (Bank) - OK; tiered CRB checking since 2018 with 200+ cannabis clients statewide (deposits only).
Prism Bank (Bank) - OK; flat-rate cannabis program with Shield Compliance onboarding and free Green Interest checking for owners and employees.
Valliance Bank (Bank) - OK; deposit-focused cannabis banking since 2020 with free business checking and formal application and site-visit review.

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Mountain West: CO, NM, NV

The Gunnison Bank and Trust Company (Bank) - CO; long-running Colorado cannabis banker with dedicated compliance staff; no public program page, contact directly.
Partner Colorado Credit Union / Safe Harbor Financial (CU) - CO deposits, with Safe Harbor's fintech channel serving clients in 40+ states; originator of the Safe Harbor cannabis banking program (2015).
U.S. Eagle Federal Credit Union (Aery Group) (CU) - NM; cannabis banking through its dedicated Aery Group division in Albuquerque.
Greater Nevada Credit Union (CU) - NV; cannabis program since 2020 for dispensaries, cultivators, producers, and consumption lounges.

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West Coast: CA, OR, WA

Santa Cruz Community Credit Union (CU) - CA; banking cannabis since 1996, the longest continuous track record in the country, with transparent published fees.
South Bay Credit Union (Emerald Beach Financial) (CU) - CA; compliance-centric cannabis banking through its Emerald Beach subsidiary at flat monthly fees.
Coast Central Credit Union (CU) - CA (Emerald Triangle: Humboldt, Del Norte, Trinity); CRB program since 2019 with volume-based fee reimbursement.
TASI Bank (division of Bank of Guam) (Bank) - CA; FDIC-insured minority depository institution banking cannabis since 2015, with SBA-caliber lending expertise.
KeyPoint Credit Union (CU) - CA (Bay Area and Santa Barbara County); cannabis checking with per-tax-ID pricing and Shield Compliance tools.
Maps Credit Union (CU) - OR; Oregon's first cannabis banking institution (2014), with $3.5B+ in cannabis deposits handled and congressional testimony supporting SAFE Banking.
Central Willamette Credit Union (CU) - OR; tailored banking for the full range of Oregon cannabis license types.
Wauna Credit Union (CU) - OR (northwest Oregon and southwest Washington); dedicated cannabis business solutions program.
Twin City Bank (Bank) - OR, WA; specialty cannabis deposit accounts, digital banking, and armored courier service.
Numerica Credit Union (CU) - WA; Canna Accounts since 2014 with statewide armored deposit pickup and business lending for Washington licensees.
O Bee Credit Union (CU) - WA; one of Washington's original i-502 cannabis banking programs (2014), with 290+ CRB clients and employee accounts.
Sound Credit Union (CU) - WA (Puget Sound); cannabis checking with earnings credit, high-yield savings, cash vaulting, and QuickBooks integration.

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For financial institutions: entering or scaling cannabis banking

Most of the institutions above succeed for the same reason: they industrialized due diligence and monitoring instead of throwing headcount at it. StandardC supports banks and credit unions launching or scaling cannabis programs with automated CRB license screening and monitoring, continuous KYC screening, GPS-verified virtual site visits, transaction monitoring, and advisory services covering risk assessments, policies, and exam support.

Frequently asked questions

How many banks and credit unions serve cannabis businesses?

Between 300 and 400 banks and credit unions serve cannabis-related and marijuana-related businesses nationwide, a figure consistent with FinCEN's SAR filing data, though far fewer advertise their programs publicly. This directory lists the institutions with publicly documented programs and verified links.

Is it legal for these institutions to bank cannabis?

Yes. FinCEN's 2014 guidance defines how financial institutions can serve state-licensed marijuana businesses consistent with Bank Secrecy Act obligations. Our banker's guide covers the framework in depth.

What does cannabis banking cost?

Programs typically charge onboarding fees and monthly compliance fees that vary widely by institution and business complexity. Published examples in this directory range from a few hundred dollars per month to four figures for high-volume plant-touching operators. Fees have been trending downward as more institutions enter the market.

What will an institution ask for when I apply?

Expect to provide state cannabis licenses, formation documents, ownership and beneficial owner information, financial statements, and details of expected activity, followed by ongoing reporting. See initial due diligence requirements for cannabis banking.

How current is this directory?

Every institution link was individually verified in July 2026, and the page is maintained as programs launch, change, and exit. Because institutions adjust risk appetite frequently, always confirm current program status directly before relying on a listing.

Sources

PBC Conference, Cannabis Banking Directory
FinCEN, BSA Expectations Regarding Marijuana-Related Businesses (FIN-2014-G001)
FFIEC BSA/AML Examination Manual
Each institution's own published cannabis banking page, linked above (verified July 2026), plus state regulator lists (Maryland Cannabis Administration, Rhode Island Cannabis Control Commission, Washington DFI, Colorado banking directory) and trade press.

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