Skip to main content
OKLAHOMA CANNABIS

Cannabis Banking

We recognize the vital role the cannabis industry plays in Oklahoma's economy, and at Valliance Bank, we are wholeheartedly committed to supporting your cannabis business with tailored banking products and services.

It's easy to get started and we'll provide all the deposit account services you need!

  • Business checking account
  • Debit card for everyday purchases
  • Online banking to manage your cash flow
  • Cash pickup & delivery services
  • ACH & wire transfer services
READY TO APPLY?

Complete the Form Below to Request Your Application!

MORE ABOUT CANNABIS BANKING

Important Information

FAQs

"Do you provide the same level of safety and security to cannabis businesses as you do to other businesses?"
Yes, Valliance is a community, state-chartered bank that is FDIC insured.


"Why are fees higher than normal checking accounts?"
Due to heightened risk and compliance requirements, there are additional account maintenance fees. Reach out to our Cannabis Support Team for more information.


"Does Valliance offer lending services to cannabis businesses?"
Unfortunately, until the Federal cannabis laws change, we cannot make cannabis-related loans.


"My business is located outside of Oklahoma City and driving there to make deposits would be difficult. Do you have any suggestions?"
While we do have a provider service area in Oklahoma City, Norman, and Tulsa, we will open accounts statewide. We offer courier services to safely deposit your cash in your account.

Requirements

 

Required for ALL Applications
    • OMMA License
    • OBNDD License
    • FDA License*
    • Agriculture License*
    • Metric API Key
    • ATM Agreement*
    • SS# and DOB^
    • Email Addresses (Business & Signers)
    • Business Addresses (Physical & Mailing)
    • Phone Numbers^
    • Current Addresses^
    • Driver’s License or OK State ID (address must match)^
    • Employer and Occupation OMMA Transporter License


      Limited Liability Company

  • Applicants
  • SS-4 Form (Federal Tax ID)
  • Certificate of LLC
  • Articles of Organization
  • Operating Agreement
  • Trade Name*


    Corporation Applicants

  • SS-4 Form (Federal Tax ID)
  • Certificate of Incorporation
  • Articles of Incorporation
  • By-Laws
  • Trade Name*


    Partnership Applicants
  • SS-4 Form (Federal Tax ID)
  • Certificate of Partnership
  • Partnership Agreement
  • Trade Name*

    Sole Proprietorships - DBA
  • Applicants
  • Certificate of Fictitious Name filed with Oklahoma County Court Clerk

    *if applicable
    ^for all Beneficial Owners & Signers

    A separate account is required
    for each OMMA license