Chris Van Dyck

Chris Van Dyck has been involved in the cannabis banking space for over ten years, first as a financial regulatory attorney and then as general counsel, chief risk officer and BSA officer at a financial institution. During his time as a regulatory attorney, he worked closely with financial institutions regulated by his office on compliance issues, including cannabis banking when the FinCEN guidance was issued in 2014.

For ten years, he focused his attention on developing a cannabis banking program, ensuring that it met all regulatory expectations. During his tenure, the cannabis banking program at his financial institution grew extensively and became a significant revenue source.

Chris advises numerous financial institutions across the country on cannabis banking. Because of his extensive experience in this area as a regulator, general counsel, chief risk officer and BSA officer, Chris is uniquely qualified to advise your financial institution on starting and expanding its own successful cannabis banking program, ensuring that it adequately manages the risks associated with these accounts, developing policies and procedures that adequately reflect adherence to the 2014 FinCEN guidance, advising on ways in which to effectively implement these policies and procedures, and drafting depository account agreement and lending covenants that adequately protect your financial institution’s interests.

Chris is also able to advise on practical ways your financial institution will be able to gain traction in this sector, maintaining and growing your customer base, while generating significant revenue.