While Ohio’s cannabis market is budding, federal restrictions keep many banks from serving these businesses, leaving owners with limited options for reliable banking.
With established roots in Michigan’s booming cannabis industry, Community Choice Credit Union now brings specialized financial tools and support to Ohio’s cannabis-related businesses.
Safe, Secure Money Management
Managing money in the cannabis industry comes with unique challenges. From handling large cash volumes to meeting daily operational needs, cannabis-related businesses need secure and reliable banking that goes the extra mile. Community Choice offers specialized services, such as armored cash transport and secure vault storage, to help keep funds safe. These solutions cut down on risk and help businesses manage funds more efficiently, so they can focus on growth.
Community Choice simplifies cash management with secure online and mobile banking tools, so cannabis-related businesses can stay on top of their funds around the clock. Where traditional banking often falls short in this space, Community Choice’s technology allows for efficient tracking, reporting, and account management — all designed to help businesses keep cash flow steady.
Fueling Business Growth
For those ready to expand, Community Choice offers flexible loan options. Whether expanding retail, upgrading equipment, or growing facilities, access to capital is available to support their goals.
With nearly five years of cannabis banking experience, Community Choice provides the regulatory insight needed to stay compliant, helping businesses feel secure in this regulated environment.
Supporting Cannabis Industry Employees
Our commitment goes beyond the business — we’re here for cannabis industry employees, too. Many workers find it tough to get basic financial services, like checking and savings accounts, just because they work in cannabis. Community Choice helps by offering these services to employees working in the cannabis industry, including access to mortgages, car loans, and over 30,000 fee-free ATMs. With easy, and always accessible online banking, we make it convenient for them to manage their money without the hassle.
In an industry often sidelined by traditional banks, Community Choice supports Ohio’s cannabis businesses and their employees in every stage of growth. With a dedicated cannabis business team, expert compliance support, and white-glove, top-tier service, Community Choice empowers Ohio’s cannabis-related businesses to grow with confidence and build a strong foundation for the future.
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