Helping Businesses Grow Since 1941

We’re all about creating fair financial opportunities for everyone. From personal to business banking, we’re a credit union that will find unique ways to support your successes, which is why we’re so excited to offer services to the growing cannabis industry.

We’re committed to helping businesses grow by supporting every facet of the cannabis industry. From cultivators and manufacturers to dispensaries, testing labs, delivery services, CBD/hemp businesses, and ancillary CRBs, our goal is to provide the resources and expertise these businesses need to thrive in a competitive and evolving market.


Account Features & Services

  • Checking Accounts
  • Dividend Bearing Savings accounts
  • Dividend Bearing Certificates
  • Cashless ATMs from Stokes
  • Online and Mobile Banking
  • Mobile Deposit Capture
  • In Branch Services
  • Cash Pick-up & Delivery Services
  • ACH Payments and Origination Services
  • Employee Accounts 
  • Consumer Lending
  • Wire Services
     
  • Business Name is a required field
  • Individual Inquiring is a required field
  • Phone Number is a required field
  • Email is a required field

Meet our Cannabis Banking Team

Austin Trapp
High Risk Business Specialist 
605-858-6448
[email protected]

Cannabis FAQ

Does BHFCU work with CRBs in any State?
Yes, will help with your cannabis banking needs no matter the state.
How long will the application process take?
The application process generally takes about two weeks for approval. 
Why is there a cost associated with Cannabis Bank Accounts
Due to the extra cost of compliance and due diligence associated with state and federal regulations surrounding cannabis banking, a cannabis banking fee is assessed. 
Are my deposits federally insured?
Yes! All deposits are covered with NCUA insurance. 

We’re all about improving lives.

Since we first opened our doors back in 1941, we’ve had a passion for supporting growth in our communities. Whether through donations, sponsorships, or our staff-led giving program, we work hard at helping our communities and people thrive.


COMMUNITY SUPPORT

SSD



Interested in learning more? Get started by filling out this form, and we’ll be in touch.

 

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