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Credit Union to Work With Alaska Marijuana Business in Pilot Program

That pilot program will offer services to marijuana businesses that include accounts, deposits and withdraws, and eventually hope to set up payroll operations.

November 30, 2018

ANCHORAGE (KTUU) - A major credit union announced Thursday that it would be working together with Alaska marijuana businesses in a new pilot program.

At a press conference at the Credit Union 1 headquarters on Abbott Road in Anchorage, the company announced it will soon be coordinating financial services for Marijuana Related Businesses, or MRB's.

That pilot program will offer services to marijuana businesses that include accounts, deposits and withdraws, and eventually hope to set up payroll operations.

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