first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Rachel Pross, chief risk officer at MAPS CU, Salem, Ore., will testify on CUNA’s behalf at a House Financial Services Committee hearing Wednesday. Pross will testify before the House Financial Services  subcommittee on consumer protection and financial institutions during a hearing titled “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses.”CUNA supports the ability of credit unions to serve cannabis-based businesses in states where it is legal but does not have a position on legalization or decriminalization of marijuana.CUNA previously backed three bills that would clarify the ability of financial institutions to serve legal cannabis businesses, and also supported an amendment to a Senate bill that would have included language saying the same.last_img

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