Cannabis Banking

West Virginia, Ohio, Maryland, DC

Contact Us

Element Federal Credit Union is known for going places and doing things others won’t. Our creativity and innovative spirit have helped us serve a wide variety of groups and industries. The cannabis industry is no different. Our passion for serving you is what separates us from all others.

If you’re looking for transparent, safe, and secure banking, Element is #ThePlaceYouBelong. Because we’re a cooperative, it also means #YouOwnTheJoint.

We serve West Virginia, Ohio, Maryland, and DC.

#YouOwnTheJoint Swag

Tumbler $20

Glass $5

Our Services

Our list of services is growing. We’re here to help you access secure and safe banking services.

For all Valid Licensees:

  • Checking
  • Savings
  • Money Market
  • Insured Deposits
  • Real Estate Loans

For businesses serving all Licensees:

  • Checking
  • Savings
  • Money Market
  • Lending Services

For employees of Licensees or Ancillary Businesses:

  • Checking
  • Savings
  • Direct Deposit
  • Mobile Check Deposit
  • Debit and Credit Cards
  • Loans
  • Financial Education
  • Join Us Now!
  • Application fee
  • Government ID for each business owner and signer
  • SSN for each account owner
  • State business & cannabis license
  • Complete cannabis application packet (that was submitted to obtain your license)
  • Tax ID number
You Belong

CanPay Payments

CanPay is the only debit payment app that allows you to pay for your purchases at cannabis retailers with a simple debit to your checking account when you make a purchase.