Financial Services Options for Cannabis Retailers

The following entities have provided information about the financial services they may be able to provide to the cannabis industry.  This list is not exhaustive. Feel free to contact any properly regulated entity to find out if they service the industry.

Institutions Regulated by DFI

DISCLAIMER: DFI does not endorse, recommend, or favor any person, product, service, or entity.  The information on this webpage is for information purposes and as a public convenience only.  This website should not be construed as DFI’s endorsement of any product, service, or entity.

Banks

  • Sound Community Bank
    Contact:  Kris Puleo
    (206) 204-8175 or kris.puleo@soundcb.com
    www.soundcb.com
    Services: Offers a full suite of banking services tailored to the cannabis industry. Products include checking, savings, a variety of electronic services-including cash management, as well as indirect lending.
  • Timberland Bank
    Contact:  Beth Lewis
    (360) 533-4747
    www.timberlandbank.com
    Services: Checking and savings accounts for licensed 502 businesses and 502 related businesses.
  • Twin City Bank
    Contact: Kyle Ebberts
    (360) 442-4171 or kebberts@twincitybank.com
    https://www.twincitybank.com/
    Services: Services to retailers, producers, processors.

Credit Unions

  • Industrial Credit Union
    1100 N State St
    Bellingham, WA 98225
    Contact: Lyndsay Flanagan
    Director of Business Services
    Toll Free: 877-640-0420
    industrialcu.com/cannabis
  • Numerica Credit Union
    (800) 433-1837 or cannaops@numericacu.com
    www.numericacu.com
    Services: Cannabis business banking deposit options, including checking, savings, enhanced digital banking services and more.
  • O Bee Credit Union
    Cannabis Business Specialists
    Thierry Steby 360-943-0740 ext. 2115 
    Annika Dixon 360-943-0740 ext. 2106
    Email: LetsBeBuds@obee.com
    www.obee.com/Cannabis-Banking
    Services: Cannabis business banking deposit accounts, digital banking, commercial lending, and cash management services. Proudly serving the Cannabis industry since 2014!
  • Puget Sound Cooperative Credit Union
    11201 SE 8th St Suite 208
    Bellevue, WA 98004
    (425) 283-5151
    Contact Elise McQueen
  • Salal Credit Union
    (800) 562-5515 or BusinessServices@salalcu.org
    www.salalcu.org
    Services:  Business deposits, business lending, and cash management services.
  • Sound Credit Union
    (800) 562-8130 or businessdepositservices@soundcu.com
    www.soundcu.com
    Services: Cannabis deposit accounts, armored cash transport, and cash management services. 

Non-Depository Institutions

  • PayQwick
    Contact: Stuart Hooper
    SHooper@greencheckverified.com or (239) 579-6972
    www.payqwick.com
    Services provided to banks and credit unions as well as all cannabis businesses: producers, manufacturers, processors, distributors, retailers, ancillary businesses.

Companies Not Regulated by DFI

The following financial service providers are NOT regulated by DFI, but have met DFI’s minimum standards to be listed on this website. The information on this website does not, and is not intended to, constitute legal or financial advice. All information and content available on this website are for general informational purposes and as a public convenience only.

This list does NOT constitute a comprehensive list of all financial service providers in the cannabis space. 

DISCLAIMER: DFI does not endorse, recommend, or favor any person, product, service, or entity.  The information on this webpage is for information purposes and as a public convenience only.  This website should not be construed as DFI’s endorsement of any product, service, or entity.

  • Aeropay
    www.aeropay.com
    Services: Bank-to-bank transfers for businesses.
  • CanPay
    www.canpaydebit.com
    Services: Allows cannabis merchants to accept payments in-store, curbside, and for pre-order/in-store pickup.
  • Dutchie Inc.
    www.dutchie.com
    Services: Provides integrated payment solutions to the cannabis industry to enable forward thinking consumer experiences.
  • Vector Payments
    www.vectorpayments.com
    Services: Debit and cashless payment processing solutions for retail cannabis stores, credit card processing for CBD/Hemp businesses, and credit card processing for ancillary cannabis providers.

Want to be Listed?

If your company would like to be included on this financial service provider list, please contact CSReg@dfi.wa.gov.