Sunmark Credit Union

Sunmark Credit Union lists its office at 1187 Troy Schenectady Road in Latham, New York, and says it has served New York families and businesses since 1937. It reports more than 25 years of serving business owners throughout the state. Its Cannabis-Related Business program, which it frames as support for underbanked individuals and small businesses entering the industry, is staffed by community development consultants Matthew Goodman, Mary Gibbons and Max Schlubach, all named on the program page. The page does not list any market outside New York.

The program serves both pre-licensed and licensed businesses: dispensaries, cultivators, processors, microbusinesses, wholesalers, delivery services, hemp companies, testing labs and indirect cannabis-related businesses. Products include business checking, a cannabis money market account, business savings, online and mobile banking with bill pay and e-statements, and domestic wires. The credit union notes that restrictions apply and asks applicants to contact the CRB team for details. The page does not list lending, cash pickup or merchant services for cannabis accounts.

Businesses start with the contact form on the cannabis banking page or by reaching one of the three named consultants. Sunmark does not publish cannabis account fees or minimums. Because the program page lists deposit and payment products only, operators who need financing, courier cash service or card acceptance should ask the CRB team directly what is available for their license type. For New York operators, Sunmark is a single-state credit union option, compared with the multi-state banks and fintech platforms elsewhere in this category.