USF Credit Union launches cannabis banking program

Called Verde, the program launched this summer and is one of only a handful of cannabis banking programs in the state.


USF Credit Union launched Verde, its cannabis banking program, in summer 2025.
USF Credit Union launched Verde, its cannabis banking program, in summer 2025.
  • Tampa Bay-Lakeland
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For financial institutions, taking on clients in the cannabis industry is anything but a “chill” process. 

There’s complex regulatory and compliance issues, murky legal grounds and the weight of political and moral pressures on either side of the argument. But as the industry keeps expanding, entities that pull it off have an early seat at the table for a relatively untapped market. 

 

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