Stand for Your Rights Against Threats of De-banking
It all began when Bank of America, one of the world’s largest banks sent abrupt notices to a Memphis-based church and Indigenous Advance, one of its ministry partners. The bank said they were closing their accounts and even the ministry’s credit cards. And they both had only 30 days to switch to a new bank.
Bank of America didn’t even give a specific reason. All it said was that it simply no longer wanted to serve the ministries’ “business type” and that Indigenous Advance has exceeded the banks “risk tolerance.”
But Indigenous Advance isn’t ideological or partisan. And it’s had the same mission since the organization opened an account with Bank of America back in 2015: to serve impoverished Ugandans, helping them meet their basic needs and sharing the Gospel with them.
And yet this was too much for the bank.
Unfortunately, this isn’t an isolated event. Banks all over the world are canceling individuals and organizations whose viewpoints they want to silence. And this practice of de-banking cannot go unchallenged. Powerful private institutions can threaten freedom just as easily as government actors.
Through the support of people like you, Alliance Defending Freedom is standing alongside Indigenous Advance to file a consumer complaint against Bank of America. We’re also mobilizing lawmakers, asset managers, and C-suite executives to challenge powerful financial institutions for violating fundamental freedom.
Help stop de-banking once and for all by giving today. Your generosity today can help preserve basic freedom for Americans today and for generations to come.