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 cannabis banking, Element is #ThePlaceYouBelong. Because we’re a cooperative, it also means #YouOwnTheJoint.
We serve West Virginia, Ohio, Maryland, and DC. More states are being added as needed.
|Deposit Balance*||Dividend Rate||APY**|
|$0 to $100,000||0.05%||0.05%|
|$100,000 to $250,000||0.10%||0.10%|
|$250,000 to $1,000,000||0.20%||0.20%|
|$1,000,000 and up||0.50%||0.50%|
*Minimum opening balance requirement = $2,500; ongoing minimum monthly balance requirement = $0
Rates can change at any time.