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Banking for Cannabis and Marijuana Business - Savings Accounts for Cannabis and Marijuana Business in Washington State - Learn how to bank a cannabis business, how do cannabis companies bank, and what is cannabis banking in Washington state with Obee Credit Union Olympia

Cannabis Business Savings

Savings for the Cannabis Industry

We're all about helping you earn more on your savings and getting better rates, so you can invest in the big dreams you're building for the future. Let us help you grow your green, so you can keep growing your cannabusiness to all you want it to be. Review our savings options. Whether it's a Money Market, Certificate of Deposit, or High-Yield Savings account, you'll find we have a savings option that fits your business. 

 

BUSINESS SAVINGS

Effective Date: June 8, 2023

Savings Rate

0.02% APY*


*Annual Percentage Yield Rate Effective 05/31/2023.

See Disclosure

5-Month
CD Special

Effective Date: June 8, 2023

4.50% APY*

5-Month CD Special
Rate Effective 05/31/2023.

Offer expires June 30, 2023
$500 Minimum Balance
 

*APY refers to Annual Percentage Yield. Federally insured by the NCUA. $500 minimum balance required to open. APY is accurate as of May 31ˢᵗ 2023. Substantial penalty for withdrawal prior to certificate maturity. Fees could reduce earnings on the account. Refer to the O BEE Rate and Fee Schedule for details. Limited time offer subject to change without notice. Subject to membership eligibility and account opening requirements. This offer is redeemable at all locations.

See Disclosure
 

18-Month CD Special

Effective Date: June 8, 2023

4.30% APY*

18-Month CD Special
Rate Effective 05/31/2023.

$500 Minimum Balance
New Money Required

 

*APY refers to Annual Percentage Yield. Federally insured by the NCUA. $25,000 minimum balance required to open. New money required, defined as funds not currently on deposit with O BEE CU unless deposited within the last 10 business days. APY is accurate as of May 31ˢᵗ, 2023. Substantial penalty for withdrawal prior to certificate maturity. Fees could reduce earnings on the account. Refer to the O BEE Rate and Fee Schedule for details. Limited time offer subject to change without notice. Subject to membership eligibility and account opening requirements. This offer is redeemable at all locations. 

See Disclosure

CANNABIS BUSINESS MONEY MARKET

Effective Date: June 8, 2023

.20% APY*

$1,000 - $9,999.99

 

.80% APY*

$10,000 - $49,999.99

 

.90% APY*

$50,000 - $99,999.99

 

1.50% APY*

$100,000 - $249,999.99

 

1.75% APY*

$250,000+


*Annual Percentage Yield Rate Effective 05/31/2023. 

See Disclosure