Valliance Bank
“Valliance Bank specializes in providing exceptional service to executives and business owners. We believe people bank with bankers, not banks, so we build a solid relationship with every customer and craft a financial strategy specific to the goals of their business. Explore the accounts that will serve your needs.”
- website: https://valliance.bank/
Cannabis Banking Services
“We understand that the cannabis industry is a big part of our economy in Oklahoma. Valliance Bank is dedicated to providing banking products and services for your cannabis organization.”
States Served:
- Oklahoma
Official cannabis banking page: https://valliance.bank/cannabisbanking
Media coverage:
- The Oklahoman: Some Oklahoma banks cater to marijuana businesses despite difficulty with federal limitations
Valliance Bank is another that’s taken the risk. “Yes, (marijuana) is illegal at a federal level, but it is legal in our state,” said Valliance President and Chief Operating Officer Alicia Wade. “And so if your board and executive management are willing to take on the risk and willing to put the time and investment into developing a program, then you’re really doing what the community needs.”
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).