Company Half-Owned by Credit Union Loses Over $17M in Q2

Safe Harbor Financial, spun off by a Denver credit union last fall, increases its losses because of write-downs.

By Jim DuPlessis | August 15, 2023 at 04:15 PM

A company that provides banking services to cannabis businesses and is half-owned by a Denver-area credit union lost $17.6 million in the three months that ended June 30.

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Company Half-Owned by Credit Union Loses Over $17M in Q2

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