Banking that’s stable, committed &
prepared to grow with you.

Enjoy the agility and sophistication of Abaca, a financial technology company, magnified by the personal touch of Pacific Valley Bank, a California community bank. It’s the first collaboration of its kind in the state — the powerful partnership you deserve.

Rest assured knowing that you have an FDIC-insured bank account and a team of compliance, banking, and payments experts on your side. Let Abaca x PVB focus on your banking so you can focus on your business.

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Manage all of your accounts behind a single login.

Gain control and visibility of your cashflow.

Get banked faster and more affordably than other options.

Abaca is Trusted by Companies Like:

Built for Cannabis.
Built for California.

Not only is California the largest cannabis market in the country, it’s faced with many challenges including heavy taxation, steep competition, and intense regulation.

To thrive in this rollercoaster environment, you’ve got to be thick-skinned, committed and resilient. And that’s who we are as well.

Pacific Valley Bank is a well-established California community bank that has served the state’s cannabis industry for over two years.

Abaca is a forward thinking, cannabis-focused digital platform that helps simplify and streamline your banking, payment and treasury management needs.

With Abaca x PVB, you get one account to rule them all.

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  • Secure FDIC-insured bank account in your name

  • Pay vendors and get paid electronically – throughout California and the U.S.

  • Increase average ticket size with AbacaPay, enabling PIN-debit payment processing

  • Manage your cash safely and efficiently

  • Mobile/online banking & bill pay

  • Save time on compliance reporting

  • Be supported by an attentive and responsive team

With multiple locations across several jurisdictions, each with their own ecosystem of banks and service providers, management of our corporate treasury was piecemeal.

Abaca’s future-thinking team has worked with us hand-in-hand to develop solutions to help us as we grow, saving us time and reducing headaches along the way.

Lisa Bredenkamp,
Chief Accounting Officer, Revolution Global

Abaca’s online dashboard makes it easy to view our cash position, pay and get paid, and manage our finances in one place. We’ve never had a disruption in service, and they are very proactive about compliance.

Brian Renk,
Vice President, Natural Relief Dispensary

Play by the Rules and Still Win in California

California has seen it all.

And if you’ve been in this space for any length of time, you’ve probably already been burned by at least one bank or fly-by-night financial operation that pulled the rug out from under you. All you want to do is operate compliantly and profitably. Let us worry about the banking so you can focus on your business.

Abaca x PVB is with you for the long-haul. We’ll help you stay on top of your financial compliance while also delivering the streamlined ease-of-use you need to save time, save money, and ignite your potential.

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Streamline &
Save Time

With one login, you have access to everything at your fingertips: an FDIC-insured account in your name, payment and receivables management, integrated cash management, and AbacaPay.

No more toggling between various accounts and platforms.

A Trusted Partner For Growth

Single-site cultivator? Multi-license chain of dispensaries? MSO? Delivery service?

Not only do we work with businesses of all sizes across the industry…we support their goals and help them transition during expansions, mergers, and acquisitions.

Hassle-free Integrations

We’re the only online banking platform integrated directly with Metrc to make financial transaction compliance seamless and easy.

And with other integrations in the pipeline, the cannabis industry’s best banking platform is just getting better.

Frequently Asked Questions

Yes. Abaca and Pacific Valley Bank verify state and local cannabis business licenses of our plant-touching cannabis clients. We also work with pre-license startups and ancillary businesses.

Once you have your new account number and wire instructions, you can transfer the funds via ACH or wire from your existing bank account. From there, you can manage your account through the Abaca online banking portal.

Pacific Valley Bank provides loans to operating cannabis businesses in certain areas of California. Talk to our team to learn more about options and requirements.

Using Abaca’s onboarding portal, you can get a new account opened in just a week or two. Getting your documents submitted only takes 30 minutes to an hour. Like all bank accounts, we need information on the business and owners as well as cannabis business licenses.

We work with licensed dispensaries, cultivators, processors/manufacturers, as well as ancillary (such as transporters, testing labs, payroll companies, and marketing agencies).

Absolutely! Just reach out to your Client Success Representative to get started.

We offer cash management solutions, including armored cash pick up from your location. Here is more information about cash management solutions.

Abaca integrates with METRC in order to ensure a seamless compliance experience. In most cases, we just need a METRC key to keep the compliance up-to-date after the account is opened, though our team may need to see additional documentation from time to time.

Pricing & Fees

Have you been designated by a California municipality as a social equity business? Learn more about our Social Equity Grant Program to get your first two years of banking fees waived!

Ancillary

$250monthly
  • Tailored to the needs of non-plant-touching businesses
  • FDIC-insured bank account, dedicated account specialist, debit/spending card, bill payments and e-checks, ACH deposits and payment requests

Small Business

$500monthly
  • Tailored to the needs of operational single dispensaries, cultivators, and processors
  • Everything in Ancillary plus secure cash pickup and deposit

Enterprise

Custom
  • Tailored to the needs of multi-location and multi-license operators
  • Everything in SMB plus Multi-account treasury management suite, smart safe and cash recycler integration, dual authorizations and other customer user permissions, remote deposit capture capability