Bank Closes Accounts of Oregon Hemp Processor
Treasure Valley Extractions, a hemp processing company in Ontario, Oregon recently had its six accounts with U.S. Bank closed due to what the company proprietor Jim Hutchins attributes to his company’s hemp-related activities. This action was taken abruptly despite the fact that Hutchins has banked with this same bank for 40 years. Treasure Valley Extractions harvests and processes industrial hemp into CBD, which is currently on high demand across country and beyond. Last year, Hutchins and a team of local investors worked together to secure a former golf course in Ontario. They established a hemp processing plant there with a…






