09/22/2024
I’m so confused! I keep hearing about the “SAFER Banking Act”. How is that different from the “SAFE Act” from several years ago? Is it being updated?
02/18/2024
Management would like to cautiously bank “just one really good” customer who is getting into cannabis sales. Can we ease into it like this, and if so, what should we focus on?
02/04/2024
I’m trying to understand the marijuana “Cole Memo” because my bank is thinking about banking cannabis customers. Is there more than one Cole Memo, and is it even still effective? It seems like a mess!
01/28/2024
My State has not yet legalized marijuana. Do I still need to know anything about cannabis banking?
01/21/2024
From a banking perspective, what is the difference between cannabis, hemp, and CBD? We don’t offer a cannabis banking program (yet), but I’m certain I’ve seen CBD products for sale at some of our customer’s retail businesses. I hate to even ask, but is this OK?
01/14/2024
Must we file a SAR on a cannabis customer even if nothing suspicious is going on?
07/30/2023
When will the Interagency Guidance on Third-Party Relationships: Risk Management document become effective?
07/16/2023
Are the areas addressed in the Guidance limited to laws and regulations addressing fair lending and prohibitions against unfair, deceptive or abusive acts or practices?
07/09/2023
Does my small community bank need to adopt the same third-party relationship risk management approaches as larger, more complex banking organizations?
07/02/2023
Can the details provided in the Guidance with respect to the aspects of the risk management life cycle be used as a check list for my bank’s risk management plan?