Discover Banking for Your Hemp Business in South Dakota

Herring Bank’s Specialized Banking Solutions for Hemp & CBD Enterprises in South Dakota, The Mount Rushmore State

Navigating the financial landscape for hemp and CBD ventures in South Dakota requires a banking partner that understands the industry’s unique regulatory and operational demands. Herring Bank offers tailored financial services designed to support hemp businesses in The Mount Rushmore State—from cultivation on the Great Plains to retail in bustling urban centers.

Why South Dakota Hemp Businesses Choose Herring Bank:

  • State & Federal Compliance Expertise: Stay aligned with South Dakota hemp laws and federal regulations (2018 Farm Bill), including licensing and reporting requirements for growers, processors, and retailers.
  • Customized Financial Tools: Simplify operations with business checking/savings accounts, mobile banking, ACH/wire transfers, and secure tax payment solutions tailored to your needs.
  • Secure Cash Management: Partner with trusted armored courier services for safe cash transport, essential for high-volume CBD retailers in Sioux Falls, Rapid City, or rural communities.
  • Dedicated Support: Our hemp-industry banking experts assist with payroll, vendor payments, and scalable financial strategies to fuel your growth.

Grow Your South Dakota Hemp Business with Confidence

Whether you’re farming hemp under the wide-open skies of the Great Plains or selling CBD products in downtown Sioux Falls, Herring Bank provides the financial infrastructure and expertise to help you thrive. With FDIC-insured accounts, digital banking tools, and compliance guidance, we empower you to focus on innovation—not paperwork.

Bank on Tradition. Partner with Progress.
Serving hemp and CBD businesses statewide, including Sioux Falls, Rapid City, Aberdeen, Pierre, and beyond.

  • Checking and savings accounts

  • Online banking with 24/7 access

  • Payment Processing

  • Electronic tax payments

  • FDIC Insured accounts

  • We can connect you with an armored courier service

  • Investment options

  • Employee accounts

  • Direct deposit payroll

  • ACH payments

  • Wire Services

  • Cannabis Business Advisory

Trusted South Dakota Cannabis Banking Experts

Cannabis Banking for Growers, Dispensaries, Wholesalers, Testing Labs, Armored Car Services and more!

Tailored Cannabis Banking Services for Kansas

South Dakota Cannabis Banking

Ready to discuss how we can help you and your Hemp Business in South Dakota?

Cannabis Banking Where You Need It
Colorado Cannabis Banking & Armored Courier Services:

Colorado Springs, Denver, Aurora, Pueblo,  Arvada

California Cannabis Banking & Armored Courier Services:

Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Santa Ana, Riverside, Stockton, Chula Vista, Irvine, Oakland,

Nationwide Hemp and CBD Banking not limited to those listed:
Want to learn more about Safe Harbor and the Safe Banking Act?