Cannabis Business Solutions
Banking solutions built on relationships and local expertise.
The cannabis industry has its own unique challenges, from heavy regulation and variable cash flow, to unique operating needs and compliance. Wauna CU gets it and is proud to offer compliant financial services for qualifying cannabis-related businesses. We’re here to support your business and help you feel secure.
What does Wauna CU offer for cannabis-related businesses?
- In branch and online service and support
- Access to night drop
- Free business online banking
- Mobile banking and mobile deposit
- ACH and wire services
- Free online bill pay
- Accounts for employees
- Pathways to business lending in the future
- Accounts to match your operation
Membership Eligibility
Eligible businesses reside in our field of membership, which is currently Clatsop, Columbia, and Western Washington Counties in Oregon.
Ready to move forward?
Fill out our Cannabis Banking Contact Form:
Current Member Resources
- Count and verify your deposit total before visiting the branch.
- Bring a written total for verification — printable deposit slips available upon request.
- Use Night Drop: deposits in tamper-evident bags received by 8 a.m. post the same business day.
- Keep cash and product separate to comply with OLCC rules and prevent scent transfer.
Wauna Credit Union provides commercial lending solutions for cannabis-related businesses. These lending options are available to qualifying members only and must meet strict regulatory requirements. To learn more, please get in contact with a member of our commercial lending team to find out details on this unique lending solution.
Cash deposits over $50,000 and all large change orders require an appointment scheduled at least 24 hours in advance. For change orders, a 24-hour notice is required for bills totaling $1,000 or more and/or coins totaling $100 or more.
To schedule an appointment:
- Call 800-773-3236 and speak to a representative.
- Email inquiry@waunafcu.org with your requested branch, day, and time. Your request will be confirmed by the branch.
- Use the chat feature available through U-banking online or app banking.
Report Schedule
| Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|
| Due April, 20th | Due July, 20th | Due October, 20th | Due January, 20th |
Required documentation for quarterly reports:
- Retailers
- All other license types
- Sales tax payment documentation
- Balance Sheets*
- Profit and Loss*
- Bank Statements, if applicable**
- Metrc Transfer (sent) reports
- Balance Sheets*
- Profit and Loss*
- Bank Statements, if applicable**
*Financial reports should contain 3 months on a page, with a quarterly total column. Major categories should be expanded. **Bank Statements from outside accounts - applicable if business banks elsewhere.
