Albany Cannabis Banking

Discover the phenomenal benefits of cannabis banking in Albany. You’ll gain access to much-needed financial services by joining Safe Harbor Financial. There’s no institution more experienced in handling your financial affairs.
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Safe Harbor Financial is a leading cannabis financial bank serving businesses nationwide. We began in 2015 as a remedy to the underbanked cannabis industry in Colorado. As businesses struggled to find financial services, after major banks refused to serve them for fear of federal prosecution, Safe Harbor Financial became the refuge of choice.

After over seven years in the industry, we’re supported and advised all kinds of cannabis-related businesses. With New York State’s cannabis industry thriving, we’re ready to elevate cannabis banking in Albany to the next level.

With access to our unparalleled financial services, including checking and savings accounts, online banking, direct deposit payroll, and a personal banker, your business can stand head and shoulders above the rest.

Let us know if you’d like to join – get ready to bank with the best.

Albany cannabis banking services

No cannabis-related business can function successfully without access to comprehensive cannabis banking in Albany. Through our personal bankers, you can access all our services:

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

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Enjoy success with marijuana banking in Albany

As the capital of New York State, Albany was at the heart of the movement toward the legalization of marijuana. The bill was signed into law on March 31, 2021, with the first legal sales likely to occur sometime in 2022 or 2023.

Currently, entrepreneurs and cannabis connoisseurs are hoping to gain recreational cannabis licenses and open dispensaries, cultivation businesses, and more. This upcoming cannabis boom will be a healthy addition to the already successful CBD and hemp business in Albany and the surrounding area. However, without adequate marijuana and hemp banking in Albany, local cannabis businesses are unlikely to succeed.

That’s where Safe Harbor Financial comes in.

After helping the fledgling Colorado cannabis scene develop, SHF is one of the few cannabis banking firms to have the experience, knowledge, and capacity to deliver unparalleled cannabis banking in Albany.

Indeed, we consider ourselves a part of every community we’re engaged in. Using our seven years of experience, we’re ready to transform Albany’s cannabis banking.

Contact our team for further information about joining Safe Harbor Financial.

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Open your account today to elevate your success!

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Frequently Asked Questions

How do I join Safe Harbor Financial? +

All you need to do to join SHF and begin cannabis banking in Albany is submit an application. After receiving all your documents, we’ll conduct a document check and ask you to undergo an interview, site inspection, and an in-depth business review.

Please submit the following documents when applying:

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 Albany important? +

Without marijuana banking in Albany, businesses are forced to rely solely on cash transactions. Not only does that complicate bookkeeping it also increases the risk of theft and fraud. Criminals are increasingly aware that dispensaries and other similar businesses are cash-rich – meaning business owners must pay for additional protection, staff training, and even armored vans.

By relying on SHF for your cannabis banking in Albany, we’ll protect your money in accordance with federal- and state-level regulations – so you’ve got complete peace of mind.

What kinds of cannabis businesses can access your financial services? +

We service all kinds of cannabis businesses, including cannabis/marijuana, hemp, or CBD. So, if you need hemp banking in Denver, we’re able to help. Our services are designed for the following types of businesses:

Growers

Dispensaries

Retailers

Cannabis associations

Service companies

Cannabis industry consultants

Landlords

Ancillary

Do you offer CBD and hemp banking in Albany? +

Yes. All our financial services are available to any cannabis-related business that meets our criteria. Whether you’re a hemp farm or a CBD extraction facility, we’re here to support your business – and our personal bankers have the relevant experience in your field to help.