Cannabis-related banking requires cannabis expertise
Compliance is the foundation of your business. One mistake or missed deadline can lead to costly penalties, account freezes or even business shutdowns. Staying on top of legal requirements with regulations changing constantly can seem impossible. This is why having a dedicated Cannabis Related Business Team on your side is essential.
Having a team that specializes in keeping you compliant and offers personalized support and proactive advice lets you focus on what you love to do. For example, our team at CCCU stays on top of the latest updates in federal and state requirements so that your operations stay on track and on the right side of the law. This isn’t just about ticking boxes; it’s about making sure your business is set up to flourish, free from unnecessary risk.
Your employees are crucial to your business, but many banks don’t support their career goals like you do. That’s why we offer financial services that set them up for their future — from checking accounts and car loans to mortgages and retirement planning. Your team deserves the same high-quality, personalized service that we provide to anybody in any other profession. As a member, they’ll have access to a range of products designed to help them achieve their financial goals, making it easier to commit to a long-term career with your company.
From large grow operations to small batch dispensaries, extraction labs, kitchens and beyond, more than 500 cannabis businesses trust us because we understand what it takes to succeed in this fast-paced industry. Take advantage of this expertise. Call on us to help develop and execute your next strategy. Whether you’re expanding, optimizing operations, or exploring new markets, we tailor our financial solutions to support your unique goals.
Our specialized financial services cover everything your business needs to run smoothly from secure cash management solutions to data and analytic tools, lockboxes, armored transport, and more. We also provide access to commercial loans, insurance products, and investment opportunities, giving you the flexibility to grow and evolve your business into the thriving enterprise that you dream of.
At Community Choice Credit Union, we are highly committed to the success of cannabis-related businesses (CRBs). For over four years, we’ve been a trusted partner to over 500 cannabis entrepreneurs across Michigan, offering the financial guidance and specialized compliance support needed to help businesses thrive in a highly regulated, often challenging, and ultra-competitive industry.
While many financial institutions dabble in CRB services, we take a different approach. We created an entire hub devoted to your needs — introducing our Cannabis Related Business Team! By devoting time and resources to stay on top of this ever-changing industry, we are at a level no other financial institution can match. Our CRB team isn’t just juggling cannabis clients as a side project, they have earned their stripes by undergoing training to understand the ins and outs of cannabis banking and regulation — this is their specialty, and nobody does it better.
Cannabis banking isn’t just a specialty — it’s a passion for growing business. We’re excited about the opportunities that this field presents for our communities, and we are dedicated to helping you seize them. Our Cannabis Related Business Team is ready to guide you through every stage of your journey, offering the best advice and solutions for your long-term success. Ready to take your cannabis business to the next level? Let’s do it together.
