Business · Nationwide · October 14, 2026
Federal Report: Major Banks Debanked Christian, Pro-Life Groups Under Biden
A federal banking regulator has confirmed that major U.S. banks closed accounts and denied services to religious, pro-life, and conservative organizations based on their beliefs, according to the New York Post. The Office of the Comptroller of the Currency's "Debanking Review," released October 14, examined 100,000 complaints and 50,000 internal bank records covering 2020–2025. The report found JPMorgan Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, Capital One, PNC, TD Bank, and BMO Bank cited "reputation risk" to deny service to disfavored groups. Specific examples include WePay (owned by JPMorgan) closing a religious organization's account after the Southern Poverty Law Center labeled it an "extremist hate group," and shutting down an account raising funds for a "devout Christian's" legal challenge to anti-discrimination laws. Wells Fargo reportedly pressured a payment processor to drop a religious nonprofit over its position on same-sex marriage. The Consumer Financial Protection Bureau has opened an investigation, and the OCC says it is weighing further action. The review followed a 2025 executive order from President Trump directing regulators to address "politicized or unlawful debanking."
Source: New York Post
Watch the briefing
Listen to the briefing instead
Why Bible-Believing Christians Should Care
This report documents something Bible-believing Christians have suspected for years: financial institutions used vague "reputation risk" standards to pressure or cut off ministries and believers over biblical convictions on marriage, sexuality, and the sanctity of life. A nonprofit's access to banking should not depend on whether its doctrine offends activist groups or regulators. When a bank relies on a discredited outside organization's "hate group" label to shut down a church or ministry account, that is economic coercion aimed at silencing biblical conviction. Christians engaged in business and ministry stewardship should treat this as confirmation that institutional neutrality cannot be assumed — and that building resilient, diversified financial relationships is now a matter of basic stewardship, not paranoia.
Blessed are ye, when men shall hate you, and when they shall separate you from their company, and shall reproach you, and cast out your name as evil, for the Son of man's sake. — Luke 6:22
Share this alert
From the book
A transaction should be judged by the value of the goods rather than by the identity or politics of the participants. Cutting off banking access to a ministry, or firing an employee over his religious views, violates the principle of honest scales. It introduces a false weight, which is ideology, into an economic exchange.
— Chapter 23, “Biblical Foundations: Honest Scales”
Get the BookKnow where you stand
The free 4-minute assessment identifies your mountain and your institution’s capture phase — so alerts like this one arrive matched to where you actually stand.
Facing this yourself? Ask. Describe what is happening and get what the book, Scripture, and the law of your state say, with the exact words to use. Your first one is free.