Affinity Federal Credit Union expands cannabis banking programme with Green Check

Affinity Federal Credit Union, New Jersey’s largest credit union, partners with Green Check to enhance its cannabis banking program, providing financial services to cannabis-related businesses in the tri-state area.

Facts

  • Affinity Federal Credit Union collaborates with Green Check to develop its cannabis banking program.
  • The program connects cannabis-related businesses (CRBs) in the tri-state area (New Jersey, New York, and Pennsylvania) with banking solutions.
  • Affinity’s program offers financial literacy education, employee volunteering initiatives, funding grants, and donations.
  • The partnership with Green Check aims to expand the program’s reach and includes industry insights, support, risk assessment, and educational resources.
  • Kevin Hart, CEO of Green Check, emphasizes the importance of supporting legal cannabis businesses in the growing tri-state market.
  • Green Check focuses on the cannabis banking industry and previously partnered with Tasi Bank in San Francisco in August of the same year.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Swedish Central Bank Tightens Actions on Banks Over Instant Payments

The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance...

India’s PhonePe Pauses IPO Amid Geopolitical Tensions

PhonePe's IPO delay highlights market uncertainties due to global issues.Highlights: PhonePe has postponed its IPO indefinitely.The decision stems...

Ramp Acquires Billhop to Expand into EU and UK Markets

Ramp aims for broader payment solutions and market reach through acquisition.Highlights: Ramp has acquired Billhop, focusing on expanding...

Chaseitai Launches AI Agents for Call Center Loan Servicing

New AI technology aims to enhance customer service in fintech.Highlights: Chaseitai introduces AI agents for call center support.New...