When Bank of America (BofA) arbitrarily and quietly closed the accounts of Indigenous Advance Ministries and one of its church supporters, it afterward claimed that it no longer wanted to serve their “business type.” When BofA closed the account of Timothy Two Project International, it informed the ministry it was because it was “operating a business type we have chosen not to service.”
Another “type” of business that BofA doesn’t want to service is that of “conservative” Christian author, preacher, and podcaster Lance Wallnau. He explained what happened in an Instagram post (which was subsequently deleted):
You won’t believe what just happened to me! My own bank account got frozen by Bank of America for no reason other than being a conservative podcaster.
In order to “unfreeze” his accounts Wallnau was subjected to a series of highly invasive questions about his ministry. He said, “I had to go through a complete marketing audit explaining every dollar of our ministry’s budget,” adding that “It’s not even legal. I did it because I felt like freeing up the money and documenting how screwed up the Bank of America is.”
More
Another “type” of business that BofA doesn’t want to service is that of “conservative” Christian author, preacher, and podcaster Lance Wallnau. He explained what happened in an Instagram post (which was subsequently deleted):
You won’t believe what just happened to me! My own bank account got frozen by Bank of America for no reason other than being a conservative podcaster.
In order to “unfreeze” his accounts Wallnau was subjected to a series of highly invasive questions about his ministry. He said, “I had to go through a complete marketing audit explaining every dollar of our ministry’s budget,” adding that “It’s not even legal. I did it because I felt like freeing up the money and documenting how screwed up the Bank of America is.”
More