Getting paid to create (and have) fun

Every bank has a CFO, but it’s likely that only one has a CFnO – a chief fun officer. That’s Sarah Trapp’s title at First National Bank of Syracuse, Kan., and, yes, her job is all about fun — surprising employees with free lunches, holding company-wide massage days, or recruiting them to put on costumes for skits that reinforce best practices. [Continue]

FAQs on industrial hemp

Industrial hemp was legalized under the 2018 Farm Bill, and the U.S. Department of Agriculture is gathering information to develop regulations for an industrial hemp program. Here, we offer a quick introduction to the plant and issues around it. [Continue]

Pot banking edges toward acceptability

Congress took a major step toward opening banking services to the fast-growing marijuana industry last week. The House Financial Services Committee voted 45-15 to send the Secure and Fair Enforcement Banking Act Banking Act, a bipartisan bill that aims to bridge the gap between state and federal laws, to the full House. [Continue]