Join industry experts Peter Su and Kristin Parker as they delve into the dynamic realm of specialty banking, with a specific focus on cannabis and hemp. You’ll gain invaluable insights into the intricacies of specialty banking, from hiring specialized staff to setting realistic expectations and leveraging the right tools for success. Dive deep into the current landscape of cannabis banking, exploring detailed policies, procedures, and regulatory considerations to ensure compliance and mitigate risks effectively.
Join this session and learn:
How to unlock profits without headaches from specialty markets
Unique intricacies and pot holes for cannabis banking
How to operate a successful program with limited staff and resources
Meet the Presenters:
Peter Su, Director of Specialty Banking at Hanover Bank
Peter is a banking executive with 20+ years of experience across the banking and financial services spectrum. He has personally spearheaded 2 cannabis banking programs as team leader at commercial banks and is in the process of building out his 3rd program. He has also worked as a consultant to dozens of financial institutions across the country banking cannabis.
An active member of the cannabis industry, Peter is currently on the executive board of the Asian Cannabis Roundtable, serving as treasurer, and an advisory council member for the Minority Cannabis Academy. Peter is a frequently guest lecturer at institutes of higher learning, like Rutgers, Hofstra Law, and others. Additionally, he writes about the cannabis industry for Rolling Stone on the Rolling Stone Cannabis Culture Council.
Previously, he also held a position as an advisory panel board member for Pace University's Lubin School of Business as well as served as a member of the Banking & Financial Services Committee for the National Cannabis Industry Association. And he is a veteran of the United States Army.
Kristin Parker, VP of Compliance and Operations at RiskScout
Prior to joining RiskScout, Kristin worked on both fraud and BSA teams, where she successfully created and implemented BSA monitoring programs at community financial institutions for varying higher risk industries like hemp, MSBs, ATMs, cannabis, and more. She was also recently selected by peers as PBC's Compliance Person of the year.
