Page 3 - Mj banking conference brochure

Day 2: Banker-to-banker tips Why you should attend

Day 2 – August 10, • A limited number of seats are available.
7:30 a.m. Banker-to-Banker Tips • The conference allows candid discussions, since it is focused
Breakfast Buffet exclusively on banking. Marijuana Related Businesses (MRBs)
Considerations for • Bank operations affected are prohibited.
Banking a MRB • Bank compliance • The sessions serve various kinds of banks:
➢ Policies and procedures
➢ Employee training ➢ Those opting to serve marijuana customers, and
➢ SARS ➢ Banks wanting to keep marijuana business out of the bank, as
➢ Bank documentation – topics, forms well as Banks wanting to serve the hemp industry.
➢ Concentration risks • The conference is comprehensive – covering:
➢ Cash management ➢ Essential information about marijuana in the U.S.
• Practical issues with MRBs ➢ Profile of the marijuana industry, products, employees, finances,
• Loans (MJ, MJ RE, eqpt collateral) myths…
• Hemp considerations ➢ U.S. perspective by Department of Justice and FinCEN officials.
• Reporting requirements ➢ Views by Members of Congress advocating changes in federal law
➢ Requirements – FinCEN, BSA, AML… regarding marijuana banking.
➢ Software, audits ➢ Guidance of bank regulatory agencies: FDIC, Federal Reserve,
➢ Reporting relief needed
• Cashflow and breakeven OCC and state regulators.
• Officer/director liability ➢ Outlook of bank legal counsel and review of considerations for
How to Avoid Banking a • Monitoring and identifying accounts banks wanting to serve the marijuana businesses and those
MRB • Closing accounts inadvertently opened attempting to avoid serving such businesses.
• Joint accounts ➢ Advice from bankers currently serving MRBs.
• Existing loans ➢ Guidance from bankers trying to avoid banking MRBs.
• 3rd party relationships ➢ Public image and reputation risk considerations.
• Reporting requirements ➢ Q&A and discussion sessions.
➢ Software, audits ➢ Other relevant content including insurance, hemp, alternative
• Officer/director liability banking solutions that don't work and much more.
Hot Topics • State owned bank
• Reputation risk Permitted Participants: This program is intended to assist those in
➢ Community criticism for banking or not banking including: CEO, Board of Directors, legal counsel, chief lender,
banking MJ
➢ Unexpected developments lenders (consumer, commercial, mortgage), head teller, COO, CFO,
➢ Media relations/options compliance, risk officer, marketing, PR/communications, public deposits
• Employment (employment law and employee and others. The program also is relevant to bankers associations and
lawsuits)
Closing Comments • Remaining questions and next steps consultants, advisors and vendors to commercial banks. Interested
Lunch on Own – 11:45 • Opportunity to network with attendees, public officials and/or their staff are welcome. CBA reserves the right
a.m. sponsors and vendors to deny or cancel nonqualifying registrations.

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The program is intended for various positions in FDIC insured banks:
CEO, Board of Directors, legal counsel, chief lender, lenders (consumer,
commercial, mortgage), head teller, COO, CFO, compliance, risk officer,
marketing, PR/communications, public deposits and others. The
program also is relevant to bankers associations, public officials and