Cannabis Banking Programs for Financial Institutions
Safe Harbor pioneered compliant cannabis banking in 2015 and has been managing programs for financial institutions nationwide ever since.
Our fintech model combines technology with experienced compliance and client service teams to manage cannabis operators end to end — from customer acquisition and qualification to onboarding, daily support, and compliance oversight. Deposits are placed directly with your institution, giving you access to low-cost deposit growth without the usual added risk, workload, or overhead.
Benefits of Partnering with Safe Harbor
Deposit Growth
Gain deposits from licensed cannabis operators placed directly with your institution.
Reduced Risk
Cannabis-specific BSA/AML oversight minimizes regulatory, operational and reputational exposure.
Turnkey Program
End-to-end program management under the Safe Harbor brand and on the Safe Harbor fintech platform, proven and trusted since 2015.
Lower Overhead
We handle onboarding, compliance, client support and business development so you don't need extra staff or infrastructure.
Core Services
Compliance
Comprehensive cannabis-specific BSA/AML initial and ongoing monitoring, regulatory reporting, and audits.
Onboarding
Licensed operators are vetted and onboarded directly by Safe Harbor. We take the heavy lift of onboarding out of your hands.
Client Support
We manage client and account compliance, and create stickier deposits with specialized support, services and lending for operators.
Business Development
Our reputation attracts operators, and we manage acquisition and qualification.
Program Management
Complete deposit oversight from compliance to reporting through our fintech online banking platform.
Proven Track Record
First compliant cannabis banking program launched in 2015
More than 25 billion dollars processed to date
Programs operating in 41 states and territories
Cannabis-only focus (including hemp & CBD)
Publicly traded: NASDAQ: SHFS