Industrial Hemp Banking

Our unique program is tailored specifically to the needs of the hemp industry. 

All the financial resources your hemp business needs in one place

Peak is here to help every step of the way and can serve hemp businesses in Oregon or Washington. We serve growers, extractors, dryers, consultants, custom farmers, retailers, and more.

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What we offer:

  • Checking accounts. Choose from business checking options that suit your hemp business’ needs.
  • 24/7 digital banking. Access your account anytime, anywhere with our secure mobile banking platform.
  • ACH origination. Move business funds quickly and efficiently while staying in compliance with industry regulations.
  • Remote deposit capture. Save time with the ability to remotely deposit checks safely and securely.
  • Treasury management services. Let us help you manage your cash flow and financial assets, so you can focus on day-to-day operations.

Why bank with us:

  • Stability and reliability. We have banked the hemp industry since 2017.
  • Geography. We can provide banking services to hemp businesses operating in Oregon or Washington.
  • Dedicated account support. Each of our clients has direct access to a dedicated support team.
  • Dedicated compliance support. Our compliance team partners with clients to help make their banking more sustainable.
  • Full suite of products. Lower costs and streamline your operations with a wide range of banking products.

Who we partner with:

  • Any businesses that operate under the authority of the Agricultural Improvement Act of 2018.
  • We commonly provide services to seed producers, cultivators, retailers, processors, consultants, extractors, and product formulators.

Are you ready to take your
hemp business to new heights?

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Access the products and services you need to grow your business. Peak’s banking solutions are designed to help hemp-related businesses thrive! Whether you're a grower or a retailer in Washington or Oregon, you'll find the resources and support you need with us.

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Our team understands the hemp industry and its regulations – and is dedicated to helping you stay in compliance and enjoy peace of mind. At Peak, we’re committed to providing outstanding service and value to our members.

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Focus more on growing and sustaining your business. We’ll help with the rest and provide you with the convenience and stability you deserve.

Let’s Chat About Your Industrial Hemp Business

Frequently Asked Questions

Here are answers to questions that you may have about the hemp industry and how credit unions can help hemp-focused businesses.

What is hemp banking?

Since 2017, we’ve ensured our clients have safe and stable services they can rely on. It’s a unique program that is tailored specifically to the needs of the industry.

Are credit unions allowed to work with hemp-related businesses?

Yes! Federal and state regulators have cleared a path for hemp-related businesses to access banking services.

Why should hemp-related businesses partner with Peak?

Our team understands the nuances of the hemp industry. We’ve provided services to businesses across the entire supply chain since 2017. You can find a partner in Peak to help grow your company.

What do you need to get the process started?

Complete the inquiry form. Have your business formation documents ready with current, unexpired government identification for any applicable signers.

What is the difference between hemp and marijuana?

Generally speaking, hemp contains less than 0.30% THC, while marijuana contains higher levels of THC. Unfortunately, we are unable to bank marijuana-related businesses at this time.