The practice of debanking because of faith is simply unAmerican. Banks must stop it now.
Big banks discriminate against Christian ministries, churches. I went into one of their local branches to make a deposit, a routine matter I thought. The bank teller couldn’t find the account and eventually turned to me and said that the account had been closed “by Corporate.” The account had a note that said the decision was irrevocable but our money would be returned to us.
Wrong tactic. If we don’t speak up about this, more will happen. It’s a growing – and alarming – trend.offered the NCRF five different reasons our account was closed. It would seem that if there was a legitimate reason for closing the account,that donated to them. As with our debanking case, no explanation was given other than Indigenous Advance and the church being a “business type” the bank no longer wished to service.
The problem with that explanation is that Indigenous Advance did not engage in debt collection and its activities had not changed since it opened its bank account in 2015. There is an affiliated for-profit that does do debt collection, but that doesn’t explain why the bank would close the accounts of the nonprofit charity or the church.
Big banks that shut down the accounts of religious groups are always quick to point out that they serve thousands of churches and other religious institutions. No one questions that. What we do question is why some faith group accounts are closed with little to no warning and without real explanation.that would have required the bank to investigate whether or not accounts were being closed for religious beliefs.
The practice of debanking has not escaped the notice of government officials even if the big banks wish the issue would just go away. Last year, to share its policies and practices for closing accounts and explain what role a customer’s speech or religious exercise might play in the decision-making process.and other nefarious banking practices.
B Religion Belief B Committee For Religious Freedom B Chase Bank
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