The latest list of Banks by Deposits at Jefferson County Branches has been released, detailing how 24 financial institutions fared in 2024. The rankings, based on local deposit data as of June 30, were compiled using figures from the Federal Deposit Insurance Corp. This year’s data shows a slight dip in local deposits across Jefferson...
SHF Holdings Inc., dba Safe Harbor Financial (Safe Harbor) (Nasdaq: SHFS), has formed a strategic partnership with Bennett Thrasher, an accounting and advisory firm. This collaboration offers financial compliance and advisory services to businesses in regulated markets, supporting them from startup to expansion. Through this partnership, Safe Harbor clients will gain access to a comprehensive...
Jefferson County saw a spike in SBA-backed lending in 2024, with 49 lenders issuing a total of $129.9 million in loans — up 45.8% from $89.1 million in 2023 — according to the 2025 Jeffco SBA Lenders List, based on data from the U.S. Small Business Administration. The sharp increase highlights growing economic momentum for...
SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), has hired two executives for its leadership team: Jeffrey Kay as senior vice president of marketing and the return of Dominic Marella as vice president of business development. Kay and Marella will focus on expanding Safe Harbor’s national footprint, enhancing client services and increasing brand visibility....
SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), a Golden-based fintech provider of financing to the regulated cannabis industry, has formed a strategic partnership with FundCanna, a provider of capital solutions for cannabis operators. Under a mutual referral agreement, both companies will work together to provide accessible funding and compliant banking services to cannabis-related...
SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), is expanding its partnership with Würk, a human capital management (HCM) company in the cannabis industry. This strategic partnership aims to connect cannabis operators to compliant financial and workforce solutions. The collaboration will launch a mutual referral program that leverages both companies’ expertise in providing HCM...
SHF Holdings Inc., dba Safe Harbor Financial (NASDAQ: SHFS), has named Michael (Mike) Regan as head of investor relations and data science. Regan brings extensive experience in investment analysis and product innovation to the role. In his new position, Regan will assist investors in understanding the company’s growth initiatives and lead the development of products...
SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), has successfully modified its debt agreement with Partner Colorado Credit Union. The new agreement includes a two-year interest-only period, extending to February and March 2025, which was previously granted. This modification is expected to free up over $6 million in cash otherwise allocated to principal amortization...
SHF Holdings, Inc., dba Safe Harbor Financial (NASDAQ: SHFS), closed a $1.5 million secured credit facility for a Missouri-based cannabis operator. This transaction marks the second tranche of a $5 million loan funding package aimed at refinancing expensive senior debt across four retail dispensaries in Missouri. An initial tranche of $1.07 million was originated on...
SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), a Golden-based provider of financial services for the regulated cannabis industry, has entered into a Letter Agreement with Partner Colorado Credit Union (“PCCU”) regarding its Senior Secured Promissory Note. PCCU has agreed to temporarily pause receipt of principal payments due in February and March 2025, while...
SHF Holdings, Inc., dba Safe Harbor Financial (NASDAQ: SHFS), a Golden-based fintech provider of financial services and credit facilities to the regulated cannabis industry, announced today that its current CEO, Sundie Seefried, plans to retire in 30 days. Karl A. Racine, chair of Safe Harbor’s Nominating and Governance Committee, has been overseeing due diligence activities...
SHF Holdings Inc., dba Safe Harbor Financial (NASDAQ: SHFS), has surpassed $25 billion in processed cannabis-related funds through its network of partner banks. This achievement coincides with the Golden company’s 10th anniversary, highlighting its role in providing reliable financial services within the regulated cannabis industry. Sundie Seefried, CEO of Safe Harbor Financial said, “Our founding...