Cedar Falls Cannabis Banking

Experience personalized banking and industry-leading financial services at Safe Harbor Financial. We’re one of the US’s top institutions for marijuana and hemp banking in Cedar Falls.
Learn More

No cannabis-related business (CRB) can hope to succeed without financial support. Whether that be investment, or basics, like checking accounts, employee payrolls, or electronic tax payments, financial services are the backbone of all CRBs. Except, federal prohibition prevents major financial institutions from serving the lucrative industry.

Safe Harbor Financial was founded in 2015 to solve this problem. We welcome all CRBs across every cannabis sector, from medical marijuana to CBD and hemp. We’ve developed an impressive range of financial services, earning a reputation for excellent regulatory support and personalized banking.

Our Cedar Falls cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more. Our financial toolkit is designed to help businesses thrive, from the basics to personal bankers.

Given Iowa’s complicated regulatory relationship with cannabis, you need a financial institution that’s got your back. Our personal advisors provide up-to-date guidance and support.

Speak to our team about becoming a member – we’ve got the expertise to help you succeed.

Cedar Falls cannabis banking services

Here’s our record: we’ve processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide. Our success was down to our regulatory rigor and excellent personalized banking. Members of Safe Harbor Financial also gain access to our incredible range of financial services, including:

Checking and savings accounts
Online banking with 24/7 account access
Consumer payments
Electronic tax payments
Cash management accounts
Cash pick-up and delivery services
Investment options
Employee accounts
Direct deposit payroll
ACH payments and origination options
Wire Services
Financing

Open Your Account

Succeed with trusted marijuana banking in Cedar Falls

Home to the University of Northern Iowa, Cedar Falls is a small city located centrally in the state. With a thriving local community and proximity to the US’s agricultural heartland, it’s a prime location to establish or grow your cannabis business.

Except, recreational cannabis remains illegal in Iowa – though public opinion appears to be shifting. Nonetheless, the state allows the sale of medical marijuana, CBD oil, and, after the Iowa Hemp Act of 2019, the growth of industrial hemp (defined as cannabis with 0.3% or less THC).

Hemp grows ferally all over the state, creating ideal conditions for agricultural CRBs, alongside CBD extraction companies and retailers. Cedar Falls businesses are seeing a significant opportunity as the CBD sector grows.

Safe Harbor Financial is here to back businesses in the region. We’ve already helped hundreds of CRBs achieve success across the US. Now, we’re sharing our expertise in marijuana and hemp banking in Cedar Falls.

Become a member of Safe Harbor to grow your business – there’s never been a better time.

Open Your Account

Open your account today to elevate your success!

Open Your Account

Frequently Asked Questions

How do I join Safe Harbor Financial? +

To become a member of SHF, all you need to do is submit an application online. Please follow these steps:

Submit your application
Conduct a document check
Perform an interview, site inspection, and an in-depth business review

As part of the application, please submit:

All business documents (including bylaws and operating agreement)
Your marijuana license or certificate and a complete copy of your license application
Your IRS EIN Certification Letter

For any further questions about Safe Harbor or the application process, please get in touch with our team.

Why is marijuana banking in Cedar Falls important? +

Unlike CRBs in bigger cities, companies in Cedar Falls operating without financial services aren’t at a high risk of theft or fraud due to being cash-only. It is the regulatory burden that makes accessing financial services essential. We’ll keep you on the right side of the law, supplying up-to-date regulatory guidance.

Moreover, our support makes day-to-day services like paying taxes or accepting electronic customer payments simpler. That means you’re more efficient, potentially growing quicker than otherwise. Speak to our team about joining our growing family of CRBs.