Marijuana banking

What Democrats’ House takeover means for banks

11/07/18

The focus since the 2016 election on easing rules, tax cuts and expanding access to credit is about to be turned on its head.

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Credit union will be first recreational pot banker in Mass.

09/14/18

The $506 million-asset GFA Federal Credit Union says it will begin accepting clients in the recreational marijuana business, making it the first Massachusetts financial institution to do so.

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Best Banks to Work For, Comerica's scramble, pot banking: Top stories of the week

08/31/18

How the 'Best Banks to Work For' get employees to love their jobs; Comerica works to address fraud in prepaid benefits program; how to tell if you're banking a pot business; and more from this week's most-read stories.

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'Prudent and logical math doesn't sway voters': Comments of the week

08/31/18

Readers weigh in on bank overdraft policies, react to megabank capital standards, respond to Sen. Heidi Heitkamp's tough re-election bid and more.

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How to tell if you're banking a pot business

08/24/18

Many financial institutions are unaware that they're banking marijuana-related businesses, pot bankers and regtech experts say.

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Wells Fargo says it isn't anti-weed, it's pro-following the law

08/23/18

Wells Fargo isn't making a political statement, it's following the rules. So goes the bank's response to backlash over terminating a pro-medical marijuana politician's banking relationship because of her advocacy and contributions from industry lobbyists.

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Wells closes pro-pot pol’s account; impact of crytocurrency crash

08/21/18

The bank said the candidate planned to accept money from the medical marijuana industry; the crash in digital currency prices’ long-term consequences.

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Pro-pot Florida candidate says Wells Fargo shut her account

08/20/18

A Florida politician who has run a pro-medical marijuana campaign said Wells Fargo closed her account over her ties to the industry, adding that the incident was an example of the challenges legal cannabis businesses face from the U.S. financial system.

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Hard part of reg relief, pot banking regtech, Mulvaney's twist: Top stories of the week

07/27/18

Federal bank regulators consider roughly a dozen new rules; firms tout tools to help financial institutions bank legal marijuana-related businesses; Mick Mulvaney defends CFPB enforcement powers; and more from this week's most-read stories.

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'Can Mulvaney define the word usury?': Comments of the week

07/27/18

Readers respond to Mulvaney's changes to the CFPB's consumer board, weigh a proposal regarding fair lending, react to adoption of pot banking regtech and more.

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