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Oklahoma Cannabis Banking

Safe and Secure Financial Services for Oklahoma Cannabis Banking.

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At Safe Harbor Financial, we are dedicated to supporting Oklahoma’s thriving marijuana industry. We provide comprehensive, industry-leading banking services to cannabis-related businesses (CRBs) across the state. 

Since our founding in 2015, we have processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and successfully navigated the complex landscape of state and federal regulations governing the industry.

Our team of experts, with years of experience in the financial industry, is dedicated to offering the best service and resources to help CRBs grow their businesses. Our mission is to provide a secure, reliable solution for cannabis banking in Oklahoma, providing innovative solutions to the unique financial challenges facing CRBs.

Call us today to learn more about our services and how we can help you take your business to the next level.

Oklahoma Hemp Banking Services

With our industry-leading services, we are dedicated to providing you with the best banking experience possible, giving you the support you need to grow and succeed. Our services include:

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

With our comprehensive services, you can focus on running your business while we handle all your banking needs. Our team of experienced professionals is committed to making your banking experience as seamless and stress-free as possible, so you can easily navigate the industry’s challenges.

Hemp and Marijuana Banking in Oklahoma: Current Rules and Regulations

As a cannabis-related business (CRB), it’s important to understand the rules and regulations governing cannabis banking in the state. While marijuana has been legalized for medicinal use, it’s still classified as a Schedule I drug at the federal level, making it illegal to conduct financial transactions with marijuana proceeds. It can make it challenging for CRBs to find reliable and secure banking services.

However, we understand the unique challenges faced by CRBs, and we offer comprehensive services to help you navigate the complex legal landscape. Our industry-leading banking services are designed to help you comply with state and federal regulations while providing the financial tools and resources you need to grow your business.

Several laws and regulations govern Oklahoma marijuana banking. These include:

At Safe Harbor Financial, we stay up-to-date on the latest rules and regulations governing cannabis banking and work closely with our clients to ensure they remain compliant with all applicable laws. 

Our team of experts can help guide you through the application process and provide you with the resources you need to stay legitimate and secure.

Open Your Account

Open your account today and take your cannabis business to the next level!

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Frequently Asked Questions

How do I join Safe Harbor Financial’s hemp banking in Oklahoma? +

Safe Harbor Financial (SHF) offers banking services exclusively to legal and legitimate CRBs in Oklahoma. If you want to submit an application, you can do so via our website. Here’s a quick guide on how to get started:

  1. Submit your application
  2. Document check and due diligence
  3. Interview, site inspection, and in-depth business review

In addition to the application process, we ask you to submit the following documentation:

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

Please get in touch with our team for any further questions about the application process. We are happy to help and guide you through the process.

Do you have a loan program for Oklahoma cannabis banking? +

Yes. At SHF, we understand that CRBs need access to reliable and trusted financing to grow their business. We provide our members with access to our loan program via their financial advisor. 

Our loan program offers flexible terms and competitive rates to meet your financial needs. Please refer to our loan program page for more information.

Do you serve all types of cannabis-related businesses? +

Yes. SHF welcomes all sectors of the cannabis industry affected by stringent federal regulations in Oklahoma. We cover a comprehensive range of cannabis-related businesses.