Convenient banking for your business, Main Street Cannabanking is secure and efficient account management for cannabis businesses.
Access to an experienced banking team with an early-adopted program in existence since 2019 with a competitive account fee structure
Partnered with leading provider Green Check Verified, an online portal to share documents and data effectively and efficiently – all automated, and free for our cannabis business customers
Full range of banking solutions for your employees addressing the variety of needs, including mortgages and consumer loans
Video Connect, a convenient live video banking tool that saves you time to run your business, from opening accounts to signing documents securely from anywhere
Full coverage deposit insurance with FDIC and DIF coverage
Main Street Cannabanking Team
| Jennifer Berube SVP Cash Management Officer Direct Line: 508-683-3595 Role: Jenn is responsible for Main Street Bank’s Cash Management services, including business electronic banking, remote deposit, ACH, and fraud protection services. |
Renee Jaworek VP BSA Officer Direct Line: 508-460-4193 Role: Renee is responsible for Main Street Bank’s Bank Secrecy Act (BSA) department, ensuring business customers meet regulatory guidelines. |
Contact a dedicated Main Street Cannabanker for information.
The Benefits to Your Business
Green Check Verified
Green Check Verified partnership provides automated compliance reporting for cannabis businesses.
- Completely automated
- Free for Main Street Bank customers
Full Service Banking
Your business has access to full service banking to run smoothly.
- ACH transactions
- Incoming Wire Transfers (Domestic or Canadian only)
- Business Intelligence Online Banking
- Positive Pay and fraud prevention services
- Remote check scanning
- Cash courier
- Notary service
Payroll & Interest Bearing Accounts
Payroll accounts and interest-earning accounts to match your business needs and cash flow.
Payroll Checking:
- No minimum balance
- Unlimited ACH debit and credit transactions
- Wire transfers
- Positive Pay and fraud prevention services
Interest-earning Checking:
- No monthly maintenance fees with minimum daily balance greater than $10,000
- Unlimited ACH debit and credit transactions
- Wire transfers
- Positive Pay and fraud prevention services
Seedling "Pre-Operational" Account
A Seedling “pre-operational” account for cannabis businesses in a transition period and waiting to receive a license.
Seedling Business Checking:
- No monthly maintenance fees
Employee Banking Solutions
Your employees can bank conveniently and locally with deposit and loan account options.
Your employees have access to:
- Free checking and savings account options
- Free electronic banking services
- Mortgage loans
- Equity loans and lines of credit
- Video Connect video banking service from anywhere
Extensive Network of Business Support
Consider Main Street Bank an extension of your available resources and connections.
- An experienced and dedicated banking team of Main Street Bank employees
- Network of connections within the marijuana and cannabis-related industry
Coin and Currency Transportation
Access to our partnership with established currency transportation services.
- Long-standing relationship
- Secure and local service
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