- Electronic payment solutions
- Fdic & ncua
WE’VE BEEN FORGING A PATH FORWARD SINCE 2017
A subsidiary of North Bay Credit Union, Greenbax Marketplace is a banking solution designed to go beyond banking, making it easier for you to run your cannabis business. All from one login.
A subsidiary of North Bay Credit Union, Greenbax Marketplace is a banking solution designed to go beyond banking, making it easier...
CALIFORNIA CANNABIS OPERATORS AGAIN AWAIT OUTCOME OF SAFE BANKING ACT » MAY 2023
Cannabis company operators hope federal legislation will finally allow them to do business with banks — and stem a counterculture label the $50 billion legal industry finds hard to shake. The Secure and Fair Enforcement Banking Act making its way through Congress is intended to allow cannabis businesses to open bank accounts even though their product, while legal in California, is outlawed by the federal government. The dilemma has posed both safety and tax issues, which are seen by a collective of bipartisan lawmakers as unfair and unwarranted.
GREENBAX MARKETPLACE EXPANDS BANKING SERVICES FOR CANNABIS INDUSTRY » OCT 2022
CANNABIS OPERATORS and financial institutions have access to a full suite of compliant banking services on a safe & compliant fintech solution
SANTA ROSA, CA /October 1, 2022/— North Bay Credit Union is excited to announce Greenbax Marketplace Inc., as its official cannabis banking partner. Greenbax offers financial products never before available to those in the cannabis industry, including a fully functional cutting- edge platform built specifically for the cannabis sector.
CUSO TAKES CANNABIS BANKING HIGHER » MAY 2022
AT A TIME when cannabis banking legislation hangs in limbo and the substance itself remains federally illegal, some credit unions have carved their niche in providing financial services to cannabis businesses while others are still hesitating to enter the market or have written it off altogether. But one CUSO is betting on credit unions becoming more deeply entrenched in the world of cannabis cultivators, dispensaries and related businesses, and has carved a niche of its own offloading two of the biggest pain points for credit unions in the space – compliance and technology.
HIGHERGROWTH LAUNCHES COMPLIANCE AND FINTECH PLATFORM FOR CANNABIS INDUSTRY » OCT 2021
HIGHERGROWTH WILL SERVE credit unions and banks (“FIs”) by providing turn-key compliance, digital payments, and banking services platform to enable FIs to enter or expand into cannabis banking. In addition, HigherGrowth will work directly with MRBs throughout the nation to secure banking and lending access with its HigherGrowth marketplace.
HUGE POTENTIAL FOR CANNABIS BANKING HINGING ON REGULATORY APPROVAL » APR 2021
IN THE 44 STATES that now have some form of legal marijuana use, nearly 700 banks and credit unions are already involved in cannabis-related businesses banking. But if Congress passes clarifying legislation — which may happen soon — the pot banking market will really fire up.