One Bank’s Niche Serving Colorado Cannabis Customers - a podcast by American Bankers Association

Mark Haden talks about how Colorado National Bank developed a program to provide deposit services to cannabis-related customers in its home market of Denver. He discusses: his bank’s evaluation of FinCEN guidance on serving marijuana-related businesses; how the bank sweeps most marijuana-related deposits off its balance sheet; his bank’s enhanced monitoring system; and the importance of defining the kind of marijuana-related entities a bank might consider serving.

Further episodes of ABA Banking Journal Podcast

Further podcasts by American Bankers Association

Website of American Bankers Association