The House Passes SAFE Banking Act

The U.S. House of Representative passed the SAFE Banking Act,   Wednesday. The legislation removes barriers for credit unions providing financial services to legal marijuana businesses. The legislation has bipartisan support and momentum following positive hearings in House and Senate committees earlier this year.

This is a big step forward for the legislation and a big win for credit unions, as we have been at the forefront of this effort. It is also worth noting the broad bipartisan support the bill received and the overwhelming support of the Northwest Congressional Delegation. 

Posted in Advocacy on the Move.