[PRESS RELEASE] – DENVER, Sept. 2, 2025 – SHF Holdings Inc., d/b/a Protected Harbor Monetary, a fintech chief in offering monetary services and products and credit score amenities to the regulated hashish trade, introduced the legit release of its Totally Controlled Hashish Banking Program, the trade’s first and simplest resolution providing entire operational and compliance outsourcing for monetary establishments. The announcement comes forward of CEO Terry Mendez’s participation within the PBC Convention 2025, the place he’ll sign up for trade leaders to talk about the way forward for hashish banking, reinforcing the Corporate’s dedication to turning in compliant, scalable monetary infrastructure at a countrywide stage.
The turnkey program is designed for group banks, credit score unions and monetary establishments in the hunt for to serve the felony hashish marketplace with out increasing inner groups, taking over new possibility, staffing or advertising and marketing hashish services and products at once. From shopper acquisition and onboarding to compliance oversight and account make stronger, Protected Harbor handles 100% of this system operations whilst deposits are held at once through the spouse establishment.
“For greater than a decade, we’ve helped monetary establishments navigate the complexities of hashish banking,” Mendez mentioned. “This release comes as monetary establishments an increasing number of search protected, scalable techniques to serve the hashish marketplace whilst mitigating regulatory ambiguity. Our program fills this hole with a confirmed, compliant trail to enlargement. We’re making it more uncomplicated than ever through providing our confirmed, absolutely controlled style that permits establishments to have the benefit of hashish deposits with out the added burden of possibility, overhead or recognition control.”
Key options of this system come with:
- Sticky Deposit Enlargement: Approved hashish operators are vetted, obtained and onboarded through Protected Harbor, with deposits positioned at once on the spouse financial institution or credit score union.
- Whole Operational Outsourcing: Protected Harbor manages all facets of program execution, together with BSA/AML compliance, shopper provider, trade construction, advertising and marketing and reporting.
- Reputational Defend: This system is operated beneath the Protected Harbor emblem, insulating monetary establishments from direct hashish affiliation.
- Advanced Potency Ratio: By way of minimizing startup prices and operational overhead, this system permits monetary establishments and hashish companies to reach more potent margins and extra environment friendly useful resource usage.
“Whilst some suppliers be offering tool gear or compliance platforms, Protected Harbor delivers a completely outsourced, operationally controlled banking resolution—no new staffing, infrastructure or inner hashish program wanted,” Mendez mentioned.
“Banks and credit score unions regularly need to serve the hashish marketplace however are constrained through staffing barriers or reputational considerations,” mentioned Kimberly Seefried, vp of Protected Harbor and head of the corporate’s Totally Controlled Hashish Banking Program. “This program removes the ones limitations. We deliver our confirmed style, group and emblem—they only hang the deposits.”
Protected Harbor’s Totally Controlled Program represents a strategic enlargement of a style the corporate has privately operated since 2015. With over $26 billion in cannabis-related deposits processed up to now throughout 41 U.S. states and territories, Protected Harbor is now opening its confirmed platform to further companions with monetary establishments national.
This system additionally provides a continuing go out technique for establishments winding down hashish banking operations, enabling them to switch deposit control and shopper servicing to Protected Harbor with out disrupting relationships.
