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Financial institutions and authorities could better track money launderers if legalized-marijuana-related businesses were not included in SARs.September 24CEONorth Bay Credit Union
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Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.May 27Senior AdviserFS Vector
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Lawmakers are close to solving one of the financial services industry's biggest headaches. It's in the public's interest for them to do so.January 28PrincipalBressler, Amery & Ross P.C.
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The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but some groups are trying a new argument in a last-ditch effort to sway lawmakers.January 27
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The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.January 26
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The SAFE Banking Act is on hold after Sen. Mike Crapo announced his opposition to it. One observer suggested that could have a "chilling effect" on CUs looking to enter the pot banking space.January 6
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Sen. Mike Crapo delivers a crushing blow to pot banking efforts; the CFPB draws notice for its lack of fair lending enforcement; Rep. Maxine Waters says she will call on Wells Fargo board to testify next year; and more from this week's most-read stories.December 20
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After Senate Banking Committee Chairman Mike Crapo poured cold water on legislation enabling banks and credit unions to serve the marijuana industry, several key supporters of the effort are pushing back.December 19
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The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses.December 18
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The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.September 23