PFCU is focused on you and your success! We have a dedicated team with over 75 years of outstanding service for your business needs. Let us help you grow your business with our products and services for both you and your employees.
If you are an employee of a cannabis business looking to open a personal account click here
Business Accounts That Fit Your Needs:
- Armored Courier Services for secure cash transactions
- Business Debit Cards for quick and easy purchases
- 24/7 available online account access
- Wire transfers, ACH, Bill Pay, Payroll Services
- Integration with numerous seed to sale platforms
- Dedicated Cannibas Analyst to assist your every need
- Personal Accounts for your employees
Focused on Compliance
We have partnered with Green Check Verified, the leading provider of cannabis banking and expert advisory solutions for financial institutions.
To open a CRB Account you will have to provide the following documentation:
- Business Formation Documentation
- Business Financial Statements
- Certification of Beneficial Owners
- A copy of your Marijuana License
- Lease or Title
- Certificate of Insurance
This documentation is collected through our secure portal provided by Green Check Verified.
In addition to completing a questionnaire, PFCU will also verify that the CRB employer is licensed and in good standing with the Cannabis Regulatory Agency.
Cash deposits are completed via an Armored Courier Service and checks can be deposited through the branch most convenient for you. There is a "request deposit" feature in Green Check members can utilize to assist PFCU in releasing funds when checks are deposited in a branch.
Yes. PFCU can start the account opening process while you are processing your license application. Once your business becomes licensed we will transition your account to the appropriate CRB account type.
Currently we have a Cannabis Department dedicated to assisting in your banking needs. From distinguishing the account that will work best for you and your business to completing due diligence and required monitoring, they are dedicated to your needs every step of the way.
PFCU offers Business Debit Cards to make Non-Cannabis purchases for your business.
PFCU does work with Empyreal Logistics for secure cash pick up and delivery.
PFCU gives credit when fund are picked up and verified. Ask us about Smart Safe options with API that allows provisional credit when cash is deposited in the Smart Safe.
PFCU offers competitive fees based on the Cannabis Business with products and services to serve your bottom line. Contact our Cannabis Department for a specific quote for your business.
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