Merchants & Marine Bank
“For more than 120 years, we’ve provided dedicated service and financial guidance to the individuals and businesses in our communities. From your first bank account to securing your family’s financial future, and beyond – Merchants & Marine Bank is here for your journey.”
- website: https://mandmbank.com/
Cannabis Banking Services
States Served:
- Alabama; Mississippi
Official cannabis banking page: NA
Media coverage:
- Birmingham Business Journal: How one Mississippi bank is getting into cannabis in Alabama
CannaFirst Financial, a wholly owned division of Pascagoula, Mississippi-based Merchants & Marine Bank, is now offering its services to medical cannabis businesses in Alabama, including its integrated platform for accounting and funds tracking, online and mobile banking, cash transport and treasury.
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).