Banking & vendor atlas
Institutions publicly named for cannabis-related business banking, with certainty tags. Not a payment product and not an endorsement. Verify independently before onboarding.
Last verified: 2026-09-22, datePublished: 2026-09-22
Sources
Organization: MN Commerce Cannabis Banking Guidance + named public sources (see atlas seed)
As of: Gather 2026-09-22 CT
Revision / notes: Not an endorsement. Aggregator directories are leads only.
URL: Commerce guidance PDFNamed institutions
From the Hub's banking atlas research.
| Institution | Category | Certainty | Notes |
|---|---|---|---|
| St. Cloud Financial Credit Union St. Cloud | credit_union | primary | Cannabis Checking + Cannabis Money Market on own site Source |
| First Alliance Credit Union | credit_union | secondary_unverified | Star Tribune secondary — unverified product roster Source |
| Bridgewater Bank St. Louis Park | bank | secondary_unverified | Star Tribune secondary — unverified offering Source |
| Magnifi Financial | credit_union | third_party_unverified | Solvent.io third-party; Magnifi homepage HTTP 406 to curl — unverified Source |
Sources: Minnesota Department of Commerce · St. Cloud Financial Credit Union · Star Tribune (secondary) · Solvent.io (third-party), MN Commerce Cannabis Banking Guidance PDF, as of 2024-01-05 (Hub capture 2026-09-22); 2026-09-22 (Hub capture 2026-09-22); 2025 (Hub capture 2026-09-22); n/a (Hub capture 2026-09-22). Some of these sources are press reports or leads we have not confirmed. They are shown for context only and excluded from reported metrics. · PRV-016, PRV-017, PRV-018, PRV-019, PRV-020 [primary_gov, primary_gov, secondary_press, secondary_press, unverified] · Includes non-metric lead(s) — secondary_press/unverified excluded from KPIs
Vendor gaps
The MPCA cannabis businesses page covers rules and permits but has no named waste-vendor roster. No state-published insurer list has been found yet.
A listing here is not an endorsement, and product availability changes.
Related Research Desk pages
Use this research
Key finding: St. Cloud Financial Credit Union is the one Minnesota institution in our atlas that advertises cannabis business accounts on its own website, as of September 22, 2026. Other names come from press reports we have not verified.
Free to quote, chart and republish under CC BY 4.0. Please credit MN Cannabis Hub and link to this page. Reporters and researchers can find the full format on How to cite.
MN Cannabis Hub. "Cannabis Banking in Minnesota: Which Banks and Credit Unions Serve It." Last verified September 22, 2026. https://mncannabishub.com/research/banking-atlas
Research Desk sourcing rules
Hub publishes only sourced figures. OCM licenses are not open storefronts. Missing months stay labeled missing. Medical tables are aggregates only, never patient-level. See How to cite for the permanent citation format.
- OCM Cannabis Market Monitor
Official monthly sales and market measures.
Checked September 22, 2026
- OCM application / license data
Lists of licensed businesses. A license is not an open store.
Checked September 22, 2026
- MDH Cannabis Use 2025
Appendix B tables on cannabis use and poison control calls.
Checked September 22, 2026
- How to cite Hub data
Citation format, units of analysis, revision policy.
Checked September 22, 2026
