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2021 AICPA & CIMA Conference on Credit Unions

CU2112 - Providing Safe and Sound Financial Services to the Cannabis Industry


Oct 19, 2021 3:50pm ‐ Oct 19, 2021 4:40pm


Standard: $49.00

Description

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

Speaker(s):

Category: Concurrent Session Online

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