Dart Bank

Dart Bank lists its main office on South Park Street in Mason, Michigan, and cites more than a century of banking experience. It says it was the first bank in Michigan to serve the cannabis industry, and it markets the program under the names Cannabis Banks Here and Hemp Banks Here. The cannabis page puts its client count at approximately 700 cannabis and hemp-related businesses across the country, while the page's summary text says more than 750; the lower figure is used here. The page names Ross Sloan, senior vice president and cannabis and hemp banking officer, and relationship managers Susan Crum and Caitlin Berlin.

The specialty banking program serves growers, processors, dispensaries and hemp retailers with secure deposit and cash management services, treasury management tools, digital banking and compliance-focused account handling. Through its wholly owned subsidiary WestTown Payments, Dart runs Hemp Pays Here, a merchant services program for cannabis and hemp-related businesses that are not plant-touching. Dart Bank is also one of the two partner banks that hold deposits for Dama Financial by LeafLink, listed separately in this category, so some operators bank with Dart through that platform rather than directly.

Businesses start through the contact form on the cannabis and hemp banking page. Dart Bank does not publish cannabis account fees. The page does not list the states it serves beyond describing the program as reaching Michigan and beyond, and it does not describe lending for cannabis accounts, so operators who need credit should ask the specialty banking team.