KeyPoint Credit Union
“As a 100% Member-owned, not-for-profit financial cooperative, KeyPoint exists to help Members thrive financially throughout all stages of life. We are not subject to big-profit pressures from investors and stock owners like large, for-profit banks. Instead, we enable Members’ financial well-being through advantageous solutions and education. KeyPoint is financially sound and secure. We are federally insured by the National Credit Union Administration (NCUA) up to at least $250,000. Built to serve a diverse membership, KeyPoint provides over 40 years of strength and security to the community. We are a full-service, not-for-profit credit union offering traditional financial solutions to help people and small businesses achieve their goals. KeyPoint is also active in the community providing free financial education programs, fostering financial wellness, and mentoring the next generation of individuals and business professionals.”
- website: https://kpcu.com/
Cannabis Banking Services
Why KeyPoint?
- DEDICATED CRB BANKING TEAM
You’ll have access to our dedicated CRB Banking Team which is made up of highly trained compliance and risk management professionals who will give you an unmatched level of service. - COMPLIANCE
We’ll provide your business with the bankers and tools needed to grow your CRB and remain compliant with banking regulations. - RELATIONSHIP-BASED FEE STRUCTURE
There is no application fee to open a checking or savings account. Our fees are competitive and are based on each tax ID. This allows you to have multiple licenses and multiple accounts for one fee-based relationship. - NETWORK
Network with other CRB Members of KeyPoint’s CRB Banking Department.
States Served:
- Nationwide and Native American & Tribal Owned
Official cannabis banking page: https://kpcu.com/Business/CRB
Media coverage:
- Yahoo: Operational Security Solutions Partners With KeyPoint Credit Union to Offer Full Suite of Banking Solutions to Highly-Regulated Operators
- Operational Security Solutions (“OSS”), a premier provider of full-spectrum risk management services specializing in secure cash management and logistics, compliance, security consulting, and facility hardening, today announced a partnership with KeyPoint Credit Union (“KeyPoint”), one of the largest Credit Unions in California, where the parties will offer targeted banking solutions the legal cannabis related business (CRB) industry. The partnership marks an important step forward in providing solutions to businesses operating in these highly regulated categories who are seeking traditional services such as banking and cash-in-transit services.
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).