SHF Holdings, Inc., D/B/A/ Safe Harbor Financial Named the Preferred Facilitator of Financial Services to the American Trade Association for Cannabis & Hemp
October 17, 2022 at 09:26 am
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SHF Holdings, Inc., d/b/a/Safe Harbor Financial announced it has been selected as the preferred facilitator for financial compliance, validation, and onboarding services for the American Trade Association for Cannabis & Hemp (ATACH), an organization that promotes the expansion, protection, and preservation of businesses engaged in the legal trade of industrial, medical, and recreational cannabis and hemp based products. ATACH members and network of state-level memorandum of understanding ("MOU") partners through ATACH National Council of State Organizations, which includes over 1,000 state licensed permit holders will be eligible to take advantage of Safe Harbor's established relationships with its financial institution clients offering traditional financial services to cannabis, hemp, and CBD related businesses including: business checking and savings, debit cards, online and mobile banking, wire services, ACH transactions, treasury services, and payroll solutions as well as lending services.
SHF Holdings, Inc. is a service provider to offer compliance, monitoring, and validation services to financial institutions, providing traditional banking services to cannabis, hemp, cannabidiol (CBD), and ancillary operators. Its services include regulatory compliance consulting and software for maintaining Know Your Customer (KYC) and Bank Secrecy Act (BSA) compliance to financial institutions, principally conducted vis-a-vis its financial services platform; the origination, onboarding, verification, and servicing of cannabis-related deposit business for and on behalf of its partner financial institutions; and sourcing, underwriting, servicing, and administering loans issued to cannabis businesses and related entities, which are often also its customers, as well as being customers of its partner financial institutions. Through the Companyâs platform, its financial institution clients can provide cannabis-related businesses (CRBs) with access to traditional financial services.
SHF Holdings, Inc., D/B/A/ Safe Harbor Financial Named the Preferred Facilitator of Financial Services to the American Trade Association for Cannabis & Hemp
SHF HOLDINGS, INC. 
