Green Check partners with Southern Chautauqua Federal Credit Union

Green Check Verified, a fintech provider of compliant cannabis banking solutions and services, announced its partnership with Southern Chautauqua Federal Credit Union on Thursday.

SCFCU will enlist GCV to launch Flora, the credit union's newly formed cannabis banking program.

This partnership aims to improve compliance for financial institutions and cannabis related businesses in Chautauqua County.

As the cannabis industry continues to grow, organizations like SCFCU are the ones that make sure these businesses have the banking services required to be successful, said Paul Chesek, GCV's CGO. We are excited to get started with SCFCU on their journey. We can make significant progress to improve compliance for financial institutions and cannabis related businesses. GCV will automate license verification and monitoring for violations, negative news, and other compliance red flags by adding key components of the monitoring for marijuana-related business and workflow solutions.

Southern Chautauqua Federal Credit Union tries to be the resource in our community that serves the underserved, said Lindsay Hubbard, chief compliance officer at Southern Chautauqua Federal Credit Union. After months of research and development, we realized that there was a disparity in banking services available to the cannabis industry. Green Check Verified Partners With Operational Security Solutions For Cash In Transit Services