Should you bank businesses selling CBD Oil?
03/22/2020
If our state is does not allow even medical marijuana, how are businesses selling these products and by-products without being arrested?
Deborah Crawford
Bio:
Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 27+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.
Questions Answered
Can you buy stock in marijuana businesses?
03/15/2020
Our customer is investing in stock that is flagged in our system as cannabis. What do we do?
Customers get increased availability
03/15/2020
What are the new numbers for Regulation CC Holds?
To hold or not to hold a check?
03/08/2020
Our customer, Joe, is depositing an insurance check for $8600 into a checking account. Should we hold it if his average balance is $100? He has been a customer for 30 years and never been overdrawn.
Are you kidding? $5525 the next day on a new account if a Treasury Check?
03/01/2020
Our customer deposits a $25,000 Treasury check to a new checking account. Our policy says we give the customer five thousand the next day under the special rules for new accounts and the rest on the 9th business day. Is that correct?
Can you place a hold on a deposit to a savings account?
02/23/2020
Can we place a hold on a check deposited into a savings account?
When can we bank hemp growers?
01/26/2020
Our state has a plan for hemp at the USDA, it is not approved yet. Can we bank hemp growers?
SARs and Hemp—What’s the story?
01/19/2020
Do we file Suspicious Activity Reports on hemp and hemp CBD Oil?
SEP versus SIMPLE—who makes the contributions?
01/12/2020
Can an employee contribute to a SEP IRA?
Hemp is in! What are the banking risks?
01/12/2020
Can we bank hemp growers? Is it marijuana?
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