Serving the Cannabis Industry
Despite the rapid growth of the cannabis industry, many banks continue to shy away from serving the needs of marijuana-related businesses. But not Republic Bank of Arizona. When you bank with us, you’ll work with bankers who understand the unique banking needs of the cannabis industry. Our Marijuana Banking Program is designed specifically to service the financial requirements associated with marijuana-related businesses.
Analysis Business Checking
We offer a special checking account type with a custom service charge for MRB customers. Our MRB checking account includes all the services you would expect as a business owner in a high-transaction industry.
Debit cards for owners and employees with designated authority limits at no additional cost per card.
Get free, 24/7 management of your accounts with our online banking services, which include bill pay and eStatements.
Bank on-the-go with anywhere, anytime with our mobile banking service. Wherever your day takes you, you have easy access to your accounts right from your mobile device.
Offer direct deposit for your paid employees and pay vendors electronically.
Armored Car Services
We have a dedicated armored courier that safely and securely delivers your cash to the bank.
With our Remote Deposit Capture, you can make deposits right from your office, saving you valuable time.
While there are restrictions and qualifications we must follow, we are open to lending to the marijuana and cannabis-related businesses.
Partnerships with Industry Experts
We partner with Green Check Verified, experts in automating cannabis banking compliance. Green Check’s automated process reduces the time and effort needed to confidently serve the canabis industry, allowing us to offer you the financial services you need to grow your business at a cost you can afford.
Types of Businesses Served
RBAZ will take applications for accounts in nearly all aspects of the marijuana industry including Tier 1 license owners, CBD/Hemp-based businesses and businesses providing ancillary services to the industry.
We are proud to be a part of the growing cannabis industry and look forward to building a long-term, transparent, and personalized banking relationship with you.