Cannabis Banking

Let’s Talk!

As the first financial institution in Rhode Island to support this emerging and diverse industry, People’s Credit Union has the experience, product set, and member-centric approach you deserve.

Here to Help

History

Since the emergence of the cannabis industry in Rhode Island, People’s has partnered with compassion centers and cultivators to provide them with the products and services they need to succeed.

Regulatory Experience

Regulations are not new to us. Our cannabis banking program is audited regularly by the Rhode Island Department of Business Regulation and by an independent third-party audit firm. On staff, we have certified Cannabis Banking Professionals (CBP). As our members, we will share our experience and knowledge with you, so you can be assured of the most up-to-date information regarding the regulations affecting your finances!

Community Focus

Just like the cannabis industry, our members and the communities we serve are at the heart of every decision we make. Our focus is local, and all decisions are made locally. We serve the full breadth of the cannabis community from the smallest cultivators to the largest dispensaries.

Portsmouth, New Hampshire houses on the lake

Products for You & Your Employees

Our products are designed for the cannabis industry and include low to no fees. We also provide fairly priced financial products to meet the needs of your employees.

  • Checking Accounts
  • Savings Accounts
  • Auto Loans
  • Personal Loans
  • Mortgage and more!

Contact Our Experts

If you are not only looking for a financial partner committed to the cannabis industry, but also one that can meet your unique needs, let’s talk. Please contact Debbie Maxwell at 401-846-8930, X1333 or Erine Lewis at 401-846-8930, X 1214.

Grow Your Savings Safely & Securely with a Certificate of Deposit (CD)

Open online or in a branch today!

Testimonials

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Laura Klaus

Helpful Resources

At People’s Credit Union, we are passionate about providing resources, information, and solutions to help you get ahead.

Frequently Asked Questions

What can we help you with today? 

People’s Credit Union’s Routing number/ABA number is 211573151 and it can also be found at the bottom of our website. Our routing number is the same for ACH transfers, checks, and wires.

You can view your account balance/s by signing into your online banking profile through our website or through the PCU mobile app. To view account activity, click on the desired account to view recent activity. You can filter by date range to see previous activity.

If you are an existing member, you can open an additional deposit account through your online banking profile. Once you log in navigate to the Open an Account tab and follow the flow to complete the account opening process. Your new account can be funded with either an existing People’s Account or a linked external account.

Within the PCU mobile app, you would select the “Deposit a Check” option. Once you have read the notices, you would select an account to which the check would be deposited and input the check amount. You would then take a picture of the front and back of the check in a well-lit environment, ideally with a dark background, as directed on the screen. The check must include “Mobile Deposit to PCU” under the endorsement to be accepted for deposit.

Once submitted, you will receive an email indicating that the check was received. Please retain the check for 30 days. Mobile deposited checks are manually reviewed and may be rejected upon review. If rejected, you will receive an email with the reason the deposit was not successful.