Cannabis Business Banking in Northern Michigan
Cannabis and marijuana banking require an understanding of the business and compliance standards. At State Savings Bank, we offer full-service banking throughout northern Michigan—with a refreshing "Yes, I can!" approach to customer service. From checking accounts to commercial loans, we're ready to work with your marijuana or cannabis-related business.
Cannabis-Related Business Banking Solutions
We offer a full range of banking solutions tailored to cannabis and marijuana-related businesses. From business checking accounts to specialized lending options, our team understands the complexities of cannabis banking regulations and provides the guidance needed to support your operations.
Cannabis Businesses We Support
Our banking solutions are available to marijuana dispensaries, growers, processors, testing facilities, equipment suppliers, consultants, and trade associations.
Checking Accounts
- Flat monthly fee
- No per-transaction fees
- Debit cards
Explore Business Checking Accounts
Commercial Loans
- Lines of credit
- Term loans
- Commercial real estate loans
Explore Commercial Loan Services
Treasury & Cash Management Services
- ACH origination
- Remote deposit capture
- Online wire transfers
- Positive pay
- Online banking
Explore Treasury Management Services
Shield Compliance Partnership
Through our partnership with Shield Compliance, we can eliminate the compliance burden from your banking activities. Shield automates the most time-consuming and tedious aspects of document collection, sales and inventory verification, and ongoing due diligence.
- Integrates with METRC
- Tracks sales and invoice data for regulatory compliance
Choose State Savings Bank for Your Cannabis Banking Needs
For a “Yes, I can!” approach to banking for your marijuana or cannabis-related business, contact one of our cannabis related business banking specialists:
Molly Vanderhorn can be reached at (231) 360-3665 or by email.
Tiffany Young can be reached at (989) 448-8032 or by email.
Learn More About How to Contact Us