420 with CNW – Alaska Credit Union Opens Its Doors to Cannabis Businesses
Credit Union 1 in Alaska has announced that it will begin a pilot program of offering financial services to cannabis businesses in the state. This pilot program is scheduled to start in the first six months of 2019. The step taken by Credit Union 1 is a brave one because the majority of the financial institutions in the country are hesitant to have cannabis businesses as clients due to the prohibitions at the federal level. Credit Union 1 is chartered at the state level. The Credit Union revealed that it was driven by security concerns when making the decision to…