TASI Bank partners with Green Check to grow cannabis banking program

Green Check has partnered with TASI Bank, which serves an extensive array of local businesses in the San Francisco Bay Area. This partnership empowers the community bank, a division of the Bank of Guam, to expand its cannabis banking offering for communities across nine Bay Area counties and add to the formidable clientele it has amassed in the past five years.

“At TASI Bank, we’re proud of our reputation as a ‘maverick’ of community banking and our track record of serving industry segments that larger financial institutions may shun,” said Dave Jones, president of TASI Bank. “Our partnership with Green Check adds another tool to our cannabis banking arsenal as we continue to reinvent modern-day banking. With GC’s user-friendly platform and superb service, we can keep growing our client base with local cannabis businesses – all while monitoring the performance of our cannabis portfolio and ensuring compliance with evolving regulations.”

A Minority Depository Institution (MDI) and a U.S. Small Business Administration Preferred Lender, TASI Bank tailors its services to meet the specific financing needs of local businesses. TASI Bank also offers its customers a wide range of innovative products and services that combine the traditional offerings of a bank with online and fintech capabilities, such as deposit accounts, loans, online and mobile banking, and remote deposit capture.

“TASI Bank doesn’t shy away from serving the underbanked, including the many local businesses bolstering California’s cannabis market,” said Kevin Hart, CEO of GC. “Green Check is proud to partner with TASI to help propel its mission of offering the most innovative, reliable, and compliant banking solutions to current and future customers — especially cannabis operators in dire need of better banking solutions. Together, we’re helping open up more doors for legal cannabis businesses throughout San Francisco and beyond.”

Green Check, which continues to broaden its footprint across the U.S., has now onboarded nearly 150 financial institutions and more than 7,000 cannabis-related businesses on its industry-leading platform.