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Colorado Credit Union Issued Conditional Account by the Federal Reserve

February 13, 2018

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Denver-based Fourth Corner Credit Union was granted a small win when the Federal Reserve Bank of Kansas City issued them a conditional master account, according to an article in Westword.

In a letter, the Federal Reserve agreed to issue the credit union a master ac...

February 12, 2018

Big news from the Federal Reserve this week.

As new Fed Chairman Jerome Powell was taking his seat at the head of America’s central bank amid a major market correction, a big decision in favor of the marijuana industry was buried in all the noise.

Turns out the Fed just...

February 9, 2018

Banking and general financial services have been a great white whale for the cannabis industry, as financial institutions continue to be wary of the plant's illegal status with the feds. But a recent settlement between a Colorado credit union and the Federal Reserve Ba...

After a 39-month legal battle, the Fourth Corner Credit Union, the nation’s first state-chartered marijuana credit union, finally received a conditional approval by the Federal Reserve Bank of Kansas for a master account that will eventually allow the Denver-based cred...

A Denver credit union that wants to offer banking services to marijuana businesses has received conditional approval from the Federal Reserve Bank of Kansas City.

The Fourth Corner Credit Union has been trying for years to set up a credit union that would bank marijuana...

A Denver credit union aiming to serve the marijuana industry has received a Federal Reserve Bank’s blessing — albeit a conditional one — for the right to a master account.

The Feb. 2 decision by the Federal Reserve Bank of Kansas City to conditionally grant a master acc...

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