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Banking the cannabis industry since 2014, Salal Credit Union has supported it's members and community by providing safe and sound financial products to this thinly served industry. As the business has expanded, the Credit Union has continued to evolve it's services to members. Just as importantly, Salal works with it's examiners to ensure regulatory, reporting, and risk management concerns are adequately addressed.
Learning Objectives:
Recognize why Salal Credit Union made the decision to bank the cannabis industry
Identify regulatory issues banking the cannabis industry
Analyze risks and opportunities in servicing the industry
