FOR IMMEDIATE RELEASE
February 11, 2021
VP of Marketing
(Arvada, CO) Sundie Seefried will probably be ending her 20-year career as CEO of Partner Colorado Credit Union to develop into the CEO of a new cannabis banking company owned by Partner Colorado. The credit score union is combining its cannabis banking division—Safe Harbor Private Banking, with its CUSO—Safe Harbor Services, into one entity—Safe Harbor Financial, LLC.
The determination to mix the 2 divisions was permitted by the board of administrators. The transfer will enhance efficiencies, place the company for future development alternatives and potential traders, and create a unified model to facilitate advertising efforts.
“This transition will allow me to give my undivided attention to all matters concerning cannabis banking and the expansion of the program,” mentioned Seefried, who’s nationally acknowledged for her innovation in establishing a compliance-based banking program for cannabis companies.
Seefried will step down as CEO of Partner Colorado on July 1, 2021 to head the new company. “Partner Colorado will be majority owner of Safe Harbor Financial, LLC, and all cannabis-related funds will still flow through the credit union,” mentioned Seefried.
“It’s the responsibility of the board and management to position the credit union and its subsidiaries for future success and to provide the best banking solutions for our members. Safe Harbor Financial will be poised to respond to and manage the market and regulatory forces in this rapidly growing and evolving industry,” mentioned Linda Head, chairwoman of Partner Colorado’s board of administrators.
“The board has contracted with D. Hilton Associates to retain a new CEO. We have big shoes to fill with Sundie leaving and we are confident we will find an executive committed to the continued growth and success of Partner Colorado Credit Union,” mentioned Head.
ABOUT PARTNER COLORADO CREDIT UNION
Established in 1931, Partner Colorado Credit Union is a member-owned not-for-profit monetary cooperative with whole belongings exceeding $500 million. The credit score union provides a variety of monetary merchandise and serves over 35,000 members. Partner Colorado actively helps the group by donating funds and worker volunteer hours to many Denver Metro space organizations. For extra data, go to PartnerColoradoCU.org.
ABOUT SAFE HARBOR PRIVATE BANKING and SAFE HARBOR SERVICES
Established in 2015, Safe Harbor Private Banking is a compliance-based banking program for the cannabis trade, and is a subsidiary of Partner Colorado Credit Union. In 2020 alone, Safe Harbor Private Banking managed and validated over $three billion in cannabis-related funds. For extra data, go to SafeHarborPrivateBanking.com
Established in 2017, Safe Harbor Services is a CUSO of Partner Colorado Credit Union, which was created to license the Safe Harbor cannabis banking program to different monetary establishments nationally. Today, Safe Harbor Services has 10 affiliated monetary establishments in 5 states. For extra data, go to SafeHarborforBusiness.com