To receive daily emails from Breaking Christian News to your inbox CLICK HERE


SHARE THIS ARTICLE Printer friendly version of this page

Account Closed: Banks and Businesses Cancel Christians: 'I'd Heard of This Happening to Literally Dozens of Groups'

Dale Hurd : Dec 1, 2022  CBN News

"...It also tells me we need to get people of faith in the boardroom. I think we need to start campaigns to get a person of faith on every major corporate board in America." -Religious Freedom Ambassador Sam Brownback

[CBN News] When the National Committee for Religious Freedom, headed by former US Senator and Religious Freedom Ambassador Sam Brownback, needed a bank account, they went to JPMorgan Chase. After only a few weeks they learned their account had been closed. (Screengrab image: Sam Brownback)

Multi-Faith Charity Has Its Account Closed. Why?

"I went in to make a deposit at a branch here in Kansas about three or four weeks after we'd opened up the account," Brownback told us, "And the teller there said 'That account's been closed.' And I go, 'What?' and they said, 'That account's been closed. Your funds will be sent to you in a couple of weeks.' And then later they came back and said, 'Well, if you'll disclose who gives more than 10% of your funds to you and your criteria for supporting candidates as a 501c4 we'll consider re-opening up the account.'

Brownback says he received an apology letter but still doesn't know why the bank made the decision.

"We want some real answers as to why this happened," Brownback said, "And normally what I found is that most people just kind of slink away and say, 'Okay, I got de-banked or I got de-platformed, I'll go do something else or I'll find another way.' And we thought, that's the very reason we exist, The National Committee for Religious Freedom, so you can have a free exercise which includes public or private and should include your commercial transactions too.

JP Morgan Chase: This Was Not Religious or Political Discrimination

CBN News contacted JP Morgan Chase about the incident, and they assured us that, "We would never discontinue a relationship because of religious or political affiliation, and we didn't with this client…We're not proud of how we handled communicating with this client about what we needed from them, and have apologized verbally and in writing."

And while JP Morgan Chase didn't give us a reason for the account closure either, they did say "We are required by anti-money laundering laws to conduct customer due diligence."

Wondering whether it was discrimination, The National Committee for Religious Freedom has set up a website called "Chased Away." The group is encouraging people of faith to come forward if they've been denied service by a company or bank.

Needed in 'Woke' Corporate Boardrooms: People of Faith

"It also tells me we need to get people of faith in the boardroom," Brownback said. "I think we need to start campaigns to get a person of faith on every major corporate board in America."

It used to be that companies only wanted your business. These days, they may not, if they think you believe in the wrong things.

Since the 2020 election, banks and corporations have denied service to some Trump supporters,  and Christian employees continue to be fired for speaking out about their faith.

This year the Canadian government weaponized its financial system against citizens protesting COVID-19 restrictions, freezing their bank accounts.

US Banking Laws Help Cover for Discrimination

Banking law expert Nicholas Anthony at the CATO Institute believes American banks could do the same thing. Anthony says, "Banks have really a ton of power that people don't realize, to shut down accounts, to freeze accounts, and to end up holding them for really any number of reasons. And worse yet, it could really be for any reason. And we don't get to understand why, because there are many cases in which they're prohibited by law from saying what actually happened."

Earlier this year Republican lawmakers warned banks to stop taking liberal positions on social and cultural issues.

"I'd heard of this happening to literally dozens of groups," Brownback says. "I've had people tell me they got de-banked or an insurance company denied them."

Journalist Rod Dreher, author of Live Not By Lies, believes that increasing numbers of companies care more about their stands on social issues than the bottom line, and he believes Christians will be the victims.

Dreher warns, "Corporations like Walmart, Apple, and others are richer and more powerful than some countries in this world. Because they believe that they're fighting for virtue, they're going to use the power that they have within the corporations and every other institution to persecute the Church. People think I'm radical for saying this sort of thing, but I'm telling you, it's coming." Subscribe for free to Breaking Christian News here







SHARE THIS ARTICLE Printer friendly version of this page

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Other Recent Articles from Breaking Christian News

Conservative Newsmax Under Attack: 'Time for Christians to Step up and Take Back This Media Landscape'

'It's a Fairness Issue': Speaker McCarthy Promises to Protect Women's Sports from Transgender Threat

Bill Protecting Minors from Gender Transition Surgeries and Drugs Advances in Tennessee Legislature

House Ousts Antisemitic Ilhan Omar from Foreign Affairs Committee in Party Line Vote

Prayer Alert: Republican New Jersey Councilwoman Fatally Shot Outside Her Home

DoD 'Continuing to Monitor' Chinese Spy Balloon Floating Over US; No Order to Shoot It Down

Big Update on Brunson Brothers' SCOTUS Case that Would Affect Results of the 2020 Presidential Election

What Do Conservative US Evangelicals and Right-Wing Israeli Religious Jews Have in Common?

'The Holy Spirit Did the Work': How the Owner of Two Strip Clubs Came to Jesus and Shut Them Down

Arizona Sheriff Testifies of 'Modern Day Slavery' at Border, Says Biden Turned on 'Welcome Sign'

Biden Tries to Rescue Woke CEOs with New Labor Department Rule; 25 AG's Bring a Lawsuit: 'It's a Violation of Federal Law'

Satanists Plan to Open New Mexico Abortion Mill Named after Justice Alito's Mother, as Part of Their 'Rituals'

Christian Mom Takes School to Court over Forcing 4-Year-Old to Attend LGBT Pride Parade, Watch Video of Men Kissing

Watch: Grandma of Sex-Trafficked Teen Gives Gut-Wrenching Testimony on Authorities 'Blinded' by Trans Ideology

Speaker McCarthy, Many Other Leaders Gather for Prayer and Repentance Prior to Prayer Breakfast

'I'm With God All Day': 'Laverne & Shirley' Star Cindy Williams' Beliefs on Jesus, Faith Re-Emerge after Actress' Death

70th National Prayer Breakfast Aims to Return to Roots, Build Unity

Report: Nikki Haley Set to Launch Presidential Bid on February 15

'Most Extreme' In Nation: Minnesota Legalizes Abortion to Birth With No Restrictions

Biden Administration May Declare 'Public Health Emergency' over Abortion Access



Search the Articles Archives

Keyword:  
Author:  
Words Posted On:  
Day Month Year



BCN Plus

Follow BCN on Twitter
Are You Praying for Our Government Leaders?
BCN Staff

Steve Shultz
Steve Shultz, Managing Editor
Founder and Owner


Aimee Herd
Aimee Herd, Editor


BCN Plus
Are You Praying for President Trump?
 
 

All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.


Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved


Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.

editor@breakingchristiannews.com