Author Topic: Christian nonprofit claims it was 'debanked' by Bank of America over its religious views  (Read 523 times)

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Offline libertybele

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Christian nonprofit claims it was 'debanked' by Bank of America over its religious views

A Christian ministry claiming it was "debanked" by Bank of America filed a consumer complaint this week to Tennessee Attorney General Jonathan Skrmetti to determine whether their accounts were closed due to religious discrimination.

Indigenous Advanced Ministries – a Memphis, Tennessee-based nonprofit engaged in charitable efforts for orphaned children in Uganda through various partnerships – was warned without explanation by Bank of America in April that the organization was "operating in a business type we have chosen not to service at Bank of America" and would be closed within 30 days.

In May, Bank of America sent another letter stating its "risk profile no longer aligns with the bank's risk tolerance."

The ministry – which believes in pro-life values and that marriage is between one man and one woman on its website – has reportedly maintained two accounts with the bank since 2015. .............

https://www.foxnews.com/politics/christian-nonprofit-claims-debanked-bank-america-religious-views

Online DB

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The details matter. Is it religious views or moving money in and out of the country with questionable foreign entities.

Online Free Vulcan

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The details matter. Is it religious views or moving money in and out of the country with questionable foreign entities.

Exactly. My own parents have dealt with this, having to tell members emphatically that ALL church money goes thru the Mission Boards for that missionary and nothing gets sent direct.

You don't just sent money willy nilly overseas anymore, unless you're a Biden.
The Republic is lost.