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First US Credit Union Gets Accredited to Handle Cannabis and Hemp Banking

Hector Balderas, New Mexico Attorney General, announced on Monday that the state’s Eagle Federal Credit Union is the first financial institution in the United States to be accredited for outstanding monetary banking protocols in cannabis and hemp operations in the United States. This accreditation is one of the many financial services certification programs organized by the Policy Center for Public Health and Safety. The center is co-run by New Mexico’s State Attorney General, while ASTM International and PH & S are in charge of implementing a more comprehensive certification effort.

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