A Division of U.S. EagleCannabis Banking Services
by Aery
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Do you offer
Cannabis Banking Services?
Yes. We are a team of Cannabis Banking financial and compliance experts who believe in helping you maintain your cannabis business’s safety and security.
Backed by 90 years of not-for-profit credit union experience and being the first financial institution in the country certified for outstanding U.S. Monetary Banking Protocols in Cannabis Banking and Hemp Operations, you’ll be in the best of hands.
Aery Group® serves the financial banking needs of cannabis-related businesses (CRBs) in New Mexico that are not available through the traditional banking industry.
By focusing on federal and state banking regulations first, we ensure a trusted, secure, and compliant banking experience – helping your business succeed.*
What Cannabis Banking Services do you offer?
ACH/EFT
Business Checking and Savings Accounts
Cash Handling
Compliance Consultation/Review
Debit Cards
Domestic Wires
Digital Banking & Bill Pay
Contact
Jacqueline Vigil
AVP Cannabis BankingLet’s talk about what your cannabis and ancillary business needs are and how the solutions we have can be of assistance to you.* Please reach out to us at MemberService@AeryGroup.org and we can set up an appointment to discuss your banking needs.
Or complete the form below and start your application process now.
Cannabis Businesses Resources
Please see the following resources for news, rules, and guidelines for cannabis-related, hemp, and ancillary businesses.*
Cole Memo (2013): https://www.justice.gov/iso/opa/resources/3052013829132756857467.pdf
Drug Enforcement Agency: https://www.dea.gov/
Department of Justice: https://www.justice.gov/
Cannabis Eradication Program: https://www.dea.gov/domestic-cannabis-suppression-eradication-program
IRS Small Business Guidelines for Marijuana Industry: https://www.irs.gov/businesses/small-businesses-self-employed/marijuana-industry
New Mexico Regulation and Licensing Department: https://www.rld.nm.gov/cannabis/
Cannabis Control Division: https://ccd.rld.state.nm.us/
New Mexico Department of Health: https://www.nmhealth.org/about/mcp/svcs/info/
MJ Biz: https://mjbizdaily.com/
Marijuana Moment: https://www.marijuanamoment.net/
National Cannabis Industry Association: https://thecannabisindustry.org/ncia-news-resources/state-by-state-policies/
CannaRegs: https://www.cannaregs.com/
Overview: https://www.farmers.gov/manage/hemp
Programs for risk management: https://www.farmers.gov/manage/hemp/FAQs
Federal crop insurance: https://www.fsa.usda.gov/news-room/news-releases/2020/usda-announces-details-of-risk-management-programs-for-hemp-producers
Must qualify for U.S. Eagle membership including $5 share deposit. $25 minimum opening deposit required. Fees for Cannabis Banking (Aery) services and accounts vary based on determined solutions. Data fees may be charged by your wireless provider for mobile banking applications. Ancillary businesses are defined as a non-cannabis touching business where the primary source of revenue is derived from knowingly supporting cannabis growing, processing, and sales. These businesses include, but are not limited to; hydroponics and cultivation products, lighting, packaging and warnings, security services and equipment, technology and software, banking and payment processing, insurance, paraphernalia (cannabis delivery systems), and professional training and education. Please be aware that a solicitation for professional/consultation services does not guarantee service provision. The application process includes a vetting requirement that each Cannabis Related Business must pass. Aery Group® is a registered business trademark of U.S. Eagle Federal Credit Union. See Aery Group® for details.