The Credit Union League of Connecticut (the League) and New Haven, Conn.-based Green Check Verified today announced a new partnership providing a regulatory compliance technology solution for cannabis-related banking.
"Credit unions are looking for the right tools to provide much needed services to this industry," said Christopher Whalen, Vice President Marketing for the League. "With a focus on enhancing the success of our credit unions, Green Check is the right fit to help Connecticut's credit unions serve this space now and into the future."
Green Check Verified provides dispensaries with the tools they need to access local banking services, while providing financial institutions with compliance peace of mind in these two heavily regulated industries. Through innovative technology, Green Check Verified connects financial institutions with local cannabis businesses to build strong, lasting, and compliant banking relationships.
"We are pleased to be partnering with the League around the deployment of our new platform," explained Kevin Hart, CEO, Green Check Verified. "This partnership will expand our mission to bridge the gap between cannabis businesses and local financial institutions, while providing critical support to Connecticut's credit unions."