Credit Union Times reports
State/Federal agencies accept the certification model as the compliance standard, as well as for applying risk-mitigating strategies.
New Mexico Attorney General Hector Balderas said Monday that the $1.3 billion U.S. Eagle Federal Credit Union earned a certification in safe monetary banking protocols that establishes high levels of compliance standards and risk-mitigating strategies for banking cannabis and hemp businesses.
According to Balderas, the Albuquerque-based credit union became the first financial institution in the nation to receive this certification.
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