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 letter obtained by DailyMail.com, led by Kansas Attorney General Kris Kobach, demands that the financial institution turn over documents related to its account cancellation policies and request that the bank update its terms of services to not discriminate against clients with certain political or religious beliefs.
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.
‘Unfortunately, Bank of America appears to be conditioning access to its services on customers having the bank’s preferred religious or political views,’ Kobach writes in the letter to Bank of America CEO Brian Moynihan obtained by DailyMail.com.
‘Your discriminatory behavior is a serious threat to free speech and religious freedom, is potentially illegal, and is causing political and regulatory backlash.’
‘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.’
Alaska, Arkansas, Indiana, Iowa, Mississippi, Missouri, Montana, Nebraska, South Carolina, Texas, and Utah officials co-signed the letter.
‘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.’
However, the memo details several instances of apparent discrimination against Christian groups, including Bank of America canceling their accounts.
Specifically, the letter notes how the financial institution de-banked the Christian ministry groups Timothy Two Project International, Indigenous Advance, and the Memphis, Tennessee-based church Servants of Christ.
Kobach writes that Bank of America canceled the Timothy Two Project’s account for ‘operating a business type we have chosen not to service.’
He also wrote how Indigenous Advance similarly had its account canceled because, the bank claims, it ‘no longer aligns with the bank’s risk tolerance.’
Bank of America, however, told DailyMail.com that Indigenous Advance operates a business in Uganda, and the bank does not ‘serve small businesses operating outside the United States.’
