Cannabis Banking Map

HSLC Bank

“In 2016, The Home Savings and Loan Company of Kenton, Ohio was rebranded to HSLC and added the tagline “Infinite Opportunities”. The rebranding reflects the many diverse products and services currently offered as well as new products and services planned for the future.

Starting with assets of $40,000 in 1888, we have continued to grow over the years with the most recent Financial Statement listing over $190 million in assets. We also have a location in Lexington, KY. Although HSLC is a state-chartered association, it joined the Federal Home Loan Bank in the 1930’s for the purpose of insuring accounts. It is examined by both The Ohio Division of Financial Institutions (ODFI) and the Federal Deposit Insurance Corporation (FDIC) supervisory personnel.”

Cannabis Banking Services

States Served:

  • Kentucky; Ohio

 

Official cannabis banking page: NA

 

Media coverage: NA

FDIC or NCUA Insured?

Yes (FDIC link).

  • FDIC certificate number: 29571
  • FDIC insured since: 01/07/1936

Bank Health Rating

DepositAccounts.com Rating: link

  • DepositAccounts considers several health grade components:
    • Texas Ratio (measuring bank credit risk);
    • Texas Ratio trend;
    • Deposit growth;
    • Capitalization (difference between bank assets and liabilities).