Last updated: April 1, 2024

Add Your Company To This Page | Improve Your Rankings

 

Best
Cannabis Banking | Marijuana Banking Institutions

Top 10 Cannabis Banking Institutions - April 2024

Rank

Company Name

Year
Founded

Revenue

Fulltime
Employees

Active
Clients

Pricing

Communication

Communication

Timeliness

Timeliness

Reporting

Reporting

Depth of Knowledge

Depth of Knowledge

Specialization

Specialization

Overall Score

0
100
 
G
VG
E
 

Change in Rank

Green Leaf Payroll and Business Solutions Green Leaf Payroll and Business Solutions
Talk to a Representative: 760-237-0559
Key Facts For Green Leaf Payroll and Business Solutions
  • Major Clients:
    Upon Request
  • Year Founded:
    2015
  • Fulltime Employees:
    50+
  • Active Clients:
    350+
  • Revenue:
    $5M+
  • Pricing:
    M
  • Website:
    greenleafbizsolutions.com
Request A Quote
Reviews (10)
Positive Review 10 Reviews
Amazing customer service!
Highly recommended!
Luis Romero
Positive Review
Service, Systems, & Support
Great work to everyone all around. Incredible...
Kyle Onstott
Positive Review
Great people and service
Great culture. Highly qualified staff. They t...
Tyler Priest

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Dama Financial
Talk to a Representative: (877) 401-3262
Key Facts For Dama Financial
  • Major Clients:
    Confidential
  • Year Founded:
    2015
  • Fulltime Employees:
    15
  • Active Clients:
    100+
  • Revenue:
    $1 million - $3 million
  • Pricing:
    M
  • Website:
    www.damafinancial.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Abaca Cannabis Banking
Talk to a Representative: 501-476-6696
Key Facts For Abaca Cannabis Banking
  • Major Clients:
    Confidential
  • Year Founded:
    2017
  • Fulltime Employees:
    0-10
  • Active Clients:
    50+
  • Revenue:
    $3M-$5M
  • Pricing:
    M
  • Website:
    abacabanc.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

BMO Harris Bank BMO Harris Bank
Talk to a Representative: 1 (888) 654-0063
Key Facts For BMO Harris Bank
  • Major Clients:
    Confidential
  • Year Founded:
    1817
  • Fulltime Employees:
    10,000 - 25,000
  • Active Clients:
    100+
  • Revenue:
    $1+ billion
  • Pricing:
    M
  • Website:
    www.bmoharris.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Numerica Credit Union
Talk to a Representative: 509-535-7613
Key Facts For Numerica Credit Union
  • Major Clients:
    Confidential
  • Year Founded:
    2000
  • Fulltime Employees:
    250 - 500
  • Active Clients:
    100+
  • Revenue:
    $10 million - $50 million
  • Pricing:
    H
  • Website:
    numericacu.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Bank of America Corporation Bank of America Corporation
Talk to a Representative: 1 (800) 432-1000
Key Facts For Bank of America Corporation
  • Major Clients:
    Confidential
  • Year Founded:
    1904
  • Fulltime Employees:
    25,000+
  • Active Clients:
    10,000+
  • Revenue:
    $1+ billion
  • Pricing:
    H
  • Website:
    www.bankofamerica.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Timberland Bank
Talk to a Representative: 800-562-8761
Key Facts For Timberland Bank
  • Major Clients:
    Confidential
  • Year Founded:
    1915
  • Fulltime Employees:
    250 - 500
  • Active Clients:
    100+
  • Revenue:
    $10 million - $50 million
  • Pricing:
    H
  • Website:
    timberlandbank.com
Request A Quote
Positive 28.6% 2 Reviews
Loved doing business with this bank.
Daniel Mcbride
Positive
The first bank I've ever used in my adult yea...
LainieMarie Johnson
Negative 71.4% 5 Reviews
We've just opened up accounts here a month ag...
Dane Meehan

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Partner Colorado Credit Union
Talk to a Representative: 303-422-6221
Key Facts For Partner Colorado Credit Union
  • Major Clients:
    Confidential
  • Year Founded:
    1931
  • Fulltime Employees:
    100 - 250
  • Active Clients:
    50+
  • Revenue:
    $10 million - $50 million
  • Pricing:
    M
  • Website:
    partnercoloradocu.org
Request A Quote
Reviews (76)
Positive 50.0% 38 Reviews
Love the staff at Partners! They
Kendra Curtis
Negative 48.7% 37 Reviews
I have been with this credit union for over 3...
MzD
Neutral 1.3% 1 Reviews
They never have enough people available to he...
Cary Rhodes

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Fincann Corporation
Talk to a Representative: 1 (212) 724-7777
Key Facts For Fincann Corporation
  • Major Clients:
    Confidential
  • Year Founded:
    2011
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    100+
  • Revenue:
    $1 million - $5 million
  • Pricing:
    H
  • Website:
    fincann.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Sound Credit Union
Talk to a Representative: 800-682-6075
Key Facts For Sound Credit Union
  • Major Clients:
    Confidential
  • Year Founded:
    1940
  • Fulltime Employees:
    250 - 500
  • Active Clients:
    100+
  • Revenue:
    $10 million - $50 million
  • Pricing:
    H
  • Website:
    soundcu.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Communication

Timeliness

Reporting

Depth of Knowledge

Specialization

Evaluation Criteria:
Communication
The way vendors communicate with their customers, their ability to effectively communicate, and how they resolve customer issues is also taken into consideration. Vendors should be able to accurately identify a customer's issue and take steps to resolve it while communicating the selected action.
Timeliness
Being quick to respond to a client's request ensures that their concerns will be handled promptly. We recommend financial services that are capable of giving a same-day response and are able to resolve the issues a client might run into within an acceptable amount of time.
Reporting
Having proper reporting and disclosure is vital to any financial service. We recommend financial services that offer their clients the full picture, an easy way to understand their financial obligations, and easy ways to export information so they can make better business decisions.
Depth of Knowledge
Vendors should have an increased depth of knowledge in their market with an understanding of how different laws and regulations can affect them. They should be able to provide expert insight to help the customer understand how their particular industry affects the service they are being provided.
Specialization
Having an understand of the industry is vital when taking on a client in the CBD or marijuana industry. We recommend financial institutions that have specialized knowledge on taxation and regulatory requirements for companies that produce products or services that fall under the industry.