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CU1 Cannabis Banking Rooted in Trust. Built for Growth.

Cannabis businesses need more than a financial institution—they need a partner who understands the complexities of a unique and rapidly evolving industry.

Credit Union 1 offers a full suite of cannabis-focused products and services. The CU1 Cannabis Banking team will work closely with you to deliver a customized solution grounded in expertise, compliance, security, and personalized service. Feel confident in your banking solutions so you can focus on growth.

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CU1 Cannabis Banking

Introducing CU1 Cannabis Banking

“CU1 wanted to serve a segment of businesses that are largely underserved in today’s financial institution market. The complexity of regulations and compliance that are present in cannabis banking requires an additional type of framework and due diligence that Credit Union 1 decided to step in and offer because we saw a gap in the industry and knew it needed to be solved.”

Kristin Stowe Director of Cannabis Sales

Streamline Day-to-Day Banking for Your Cannabis Business

Cannabis Checking

Credit Union 1 offers multiple cannabis business checking accounts, tailored specifically to fit how your cannabis business operates and where you are in your growth. Work with a CU1 Cannabis Banking team member to find the account type that is the best fit for your business' needs.

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Cannabis Savings

All Cannabis Banking members are required to have a primary savings account with Credit Union 1. The Cannabis Banking program savings account offer key benefits, like optional sweep account capabilities.

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Additional Services for Cannabis Banking Members

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Business Remote Deposit

Easily deposit checks 24 hours a day, 7 days a week with Commercial Remote Deposit Desktop (CRDD), an innovative electronic solution for streamlined remote deposit processing.

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Business ACH Payments

Send money quickly and securely with ACH. Set up one-time or recurring payments through Credit Union 1's Digital Banking for businesses.

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Business Tax Payments

Quickly and easily submit state and federal tax payments for your cannabis business. 

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Next Day Provisional Credit

CU1 offers Cash Vaults with next day provisional credit. Smart Safes available to streamline your cash management, reduce risk, and prepare for your future growth.

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Cash Bag Pickup

Ensure your business is safe and secure with regular cash pickups for your cannabis business—no provisional credit.

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QuickBooks & Quicken

Manage your business finances and make tax season simpler. To understand how to link your accounts or manually upload transactions, please explore the resources on the QuickBooks and Quicken sites.

CU1 | Paragon

Seamless Payroll & HR Solutions

Credit Union 1 has partnered with Paragon Payroll to provide Cannabis Banking members with payroll, HR, and compliance solutions. Specifically designed for cannabis businesses, Paragon Payroll is trusted by industry leaders as a preferred provider. Connect with Paragon Payroll's experts to streamline your business operations today.

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Cannabis Banking Blog

Approval Isn’t the Finish Line: What Cannabis Operators Learn the Hard Way. Read More.

CU1 Digital Banking

Bank Anytime, Anywhere

Credit Union 1 Cannabis Banking members have access to a free Treasury Management Portal with robust digital tools that make everyday banking operations simpler.

  • Bill Pay
  • Make ACH Payments
  • Remote Deposit Capture
  • Send Wires

Download the CU1 Mobile Banking App

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4.31 stars

4.31 5,237 Ratings

Our Dedicated Cannabis Banking Team

Kristin Stowe

Kristin Stowe

Director of Cannabis Sales
(800) 396-1024
View LinkedIn Profile
Email Me

Brittany Harris

Brittany Harris

Business Banking Relationship Manager
(800) 396-1024
View LinkedIn Profile
Email Me

Nicholas Music

Nicholas Music

Business Banking Relationship Manager
(800) 396-1024
View LinkedIn Profile
Email Me

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Credit Union 1 is celebrating 67 years of helping individuals, families and communities reach their financial goals. Learn More

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