Stop the Troubling Trend of Politically Motivated Debanking

The National Committee for Religious Freedom and Alliance Defending Freedom have run-ins with bank accounts.

Authors: Chase shut down their account without explanation; now, they say it's spreading to political and religious views.

Chase changed its story several times over cancellation of the account several times, changing its tune several times.

One donor directed gifts to four conservative nonprofits, including ADF, and to four left-leaning nonprofits.

It's clear from our organizations' experiences that politicized banking is a real threat and that it's on the rise, but we're pushing back.

Some states are already considering legislation that would crack down on debanking of ideologically disfavored industries, people, and groups.

Large national banks receive wide-reaching government benefits, such as greater lending power and FDIC insurance rates.