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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 -
The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses.
December 18 -
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 -
Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.
September 23 -
Protections for industrial hemp were added to a cannabis banking bill that is expected to get a full House vote next week.
September 20 -
The Banking Committee chairman's comments have advanced legislative efforts, but questions remain about where he'll take the issue.
September 13 -
As credit union leaders converge on Washington, here's a look at some of the biggest legislative and regulatory issues facing the industry – and what it might take to move the needle.
September 9 -
The NCUA said credit unions can now serve hemp businesses but uncertainty remains around important issues like due diligence.
September 6 -
Citing insurance concerns, Anchorage-based Credit Union 1 shut down its marijuana-banking pilot program after less than one year. The move reflects lingering hesitation around banking the industry.
September 4 -
The $35 million-asset credit union was one of just five entities bidding to serve the Mountain State’s medical cannabis program.
August 29