Colorado bank rebrands to highlight bigger role in payments
Payments Source
MARCH 31, 2020
The newly minted Transact Bank will provide payment processing and card issuing services to a wide range of clients.
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Entering the cannabis banking market
Independent Banker
OCTOBER 1, 2022
While the legal status of banking cannabis-related businesses remains fuzzy at the federal level, community banks in some states are finding that, with proper controls, they’re able to enter this niche market and offer banking services to these local businesses. It’s a strategy that an increasing number of community banks are embracing.
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Credit Union Helps US Marijuana Businesses Put Down Roots
PYMNTS
OCTOBER 17, 2018
Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Part of our mission is to improve the quality of life in our communities. I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said.
Who were ICBA’s Top Lenders of 2022?
Independent Banker
JUNE 30, 2022
Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.
SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing
PYMNTS
FEBRUARY 14, 2019
But banks, credit unions and card networks shy away from that industry, despite its revenue potential, due to concerns about federal regulatory punishment. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. billion worth of legal cannabis products.
Colorado bank rebrands to highlight bigger role in payments
American Banker
MARCH 31, 2020
The newly minted Transact Bank will provide payment processing and card issuing services to a wide range of clients.
Apple Pay’s Latitudinal Reach
PYMNTS
OCTOBER 6, 2016
and Visa and debit cards for Desjardins shoppers in Canada. City National Bank of Colorado City. First Community National Bank. Apple is growing its support network by announcing that Apple Pay will expand to 26 new banks and credit unions in the U.S American Heritage Bank. Bank of Gravest. Bank of Zachary. Chain Bridge Bank.
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