Bank of America accused of religious and political discrimination by de- banking them

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Bank of America accused of religious and political discrimination by de- banking them

Loveworld / 4 mins

April 22, 2024

2 min read

Bank of America accused of religious and political ‘discrimination’ by ‘de-banking’ or refusing to service Trump supporters, Christian churches and Republican-led states want answers
A dozen Republican-led states plan to send a letter to Bank of America demanding an explanation for why it allegedly de-banked Christian and other conservative groups. The notice comes after it was revealed that Bank of America sent the FBI and U.S. Treasury private consumer financial data to help the agencies investigate crimes related to the January 6 Capitol protest. According to the Kansas Attorney General Kris Kobach, the letter notes how the financial institution de-banked the several Christian ministries.
The Kansas Attorney General wrote that one specific church had its account cancelled because it ‘was the wrong ‘business type. Nearly two dozen state attorneys general signed onto a letter Wednesday demanding major firms that provide voting advice to corporate shareholders stop backing efforts to “debank” conservatives.
‘Your bank needs to be transparent with and assure us, its shareholders, and others that it will not continue to de-bank customers for their speech or religious exercise.’
The letter is co-signed by officials from Alaska, Arkansas, Indiana, Iowa, Mississippi, Missouri, Montana, Nebraska, South Carolina, Texas and Utah.
‘Religious beliefs are not a factor in any account-closing decision,’ a representative for Bank of America told DailyMail.com.
‘We are proud to provide banking services to non-profit organizations affiliated with diverse faith communities throughout the United States.’