Let’s get started. You’re applying for a Cannabis Business Checking Account with The Washington State Bank

Open your Cannabis business checking account

Open an account, and get separate debit, deposit and employee cards with detailed record keeping and expense tracking.

Start by choosing the right checking account for your Cannabis business:

Cannabis Dispensary Checking

The essential features your business needs

Apply now

Cannabis Grower Supplier Checking

All the essentials—plus premium benefits

Apply now

Account fees $200/month $500/month
Good for you if…

For Cannabis dispensary business owners, if your spends at least $25,000 a month on your business debit or credit card or your average monthly balance is less than $5,000

For Cannabis growers and supplier business owners, if your spends at least $50,000 a month on your business credit card or your average monthly balance is greater than $15,000

Deposit Fee Structure 8% for Total Weekly Deposits of less than $20,000 8% for Total Weekly Deposits of less than $15,000
3% for Total Weekly Deposits of $25,000 or more 3% for Total Weekly Deposits of $20,000 or more
Maintenance Fees for Your Company’s Books $1,500/month $1,000/month
Avoid the monthly maintenance fee 

Do just one of these things each statement cycle

For Cannabis Dispensary Checking

  • Spend $125,000 on new weekly purchases on your business debit card
  • Maintain an average weekly balance of $50,000 or more
  • Maintain a minimum daily balance of $10,000
  • Maintain average weekly deposits of $150,000 or more into your Bank account(s)
  • Actively use Qmplete Merchant Services and TM.G Payroll Services
For Cannabis Grower Supplier Checking

  • Spend $50,000 on new weekly purchases on your business debit card
  • Maintain an average monthly balance of $250,000 or more
  • Maintain average weekly deposits of $85,000 or more in your Bank account(s)
  • Actively use Qmplete Merchant Services and TM.G Payroll Services