Dama's Bank partners grow responsibly through increased deposits and fee revenue — without investing in technology and human capital or paying fees to Dama Financial.
Dama Financial's team consists of veteran Compliance and Regulatory experts who developed a compliance program that exceeds Bank Secrecy Act (BSA) guidelines and follows FinCEN guidance on serving cannabis-related businesses responsibly. Our experienced team of compliance personnel serve as subject matter experts for Bank partner's compliance managers.
Our tools enable our bank partners to have strong third party oversight in accordance with supervisory expectations of regulators.