Greenwood Credit Union
“For the best in full-service local banking, look no further than Greenwood Credit Union. We’re based in the local community, and we’re rooted in the local community. We focus on you – our members, our amazing employees, and our dedication to our great community…and that’s it! Because of this focus, we can offer you better rates, lower fees and great convenience services like easy online banking, a great mobile banking app, 30,000 no fee ATMs, quick online loan applications, affordable wealth advisory services, and the attentive personal service to help you make the most out of your financial life. In short, you can really do it all Greenwood Credit Union!”
- website: https://greenwoodcu.org/
Cannabis Banking Services
States Served:
- Rhode Island
Official cannabis banking page: NA
Media coverage:
- Providence Business News: Lack of banking hinders R.I.’s cannabis sector
The cannabis industry may be expanding in Rhode Island, but these types of businesses still struggle to find financial institutions that will provide financing or even take their deposits and open checking accounts. It’s a challenge that many in the industry say must be worked … He said Greenwood Credit Union provides banking services for cannabis-related businesses.
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).