JPMorgan Is Abruptly Freezing Customers’ Bank Accounts and Discriminating Against Clients Without Warning: Law Enforcement Officials in 19 States

Original article here.


JPMorgan is “persistently” discriminating against its own clients and closing bank accounts without warning, according to Republican attorneys general from 19 states.

The law enforcement officials, led by Kentucky Attorney General Daniel Cameron, sent a letter to JPMorgan CEO Jamie Dimon stating that the banking giant’s practices go against the company’s own policies on equality.

The letter, which has now been published by the Wall Street Journal, states that JPMorgan has repeatedly discriminated against customers based on their religious or political beliefs.

“It is clear that JPMorgan Chase & Co. (Chase) has persistently discriminated against certain customers due to their religious or political affiliation. This discrimination is unacceptable. Chase must stop such behavior and align its business practices with the anti-discrimination policies that Chase proclaims.”

The attorneys general cite the sudden account closure of a religious liberty organization as an example of the bank’s discriminatory practices.

In May 2022, Chase abruptly closed the National Committee for Religious Freedom’s (NCRF) checking account. NCRF is a ‘nonpartisan, faith-based nonprofit organization dedicated to defending the right of everyone in America to live one’s faith freely.’ NCRF’s National Advisory Board includes Christian, Hindu, Jewish, and Muslim members…

When NCRF inquired about the reason Chase closed the account, multiple bank employees stated that the decision came from the ‘corporate office.’ Specifically, NCRF’s executive director ‘was informed that ‘a note in the file read that Chase employees were not permitted to provide any further clarifying information to the customer.’’

The attorneys general also say Chase has refused to accept proposals that would demonstrate its commitment to openness and inclusivity.

They are calling on the bank to publicly disclose its internal policies on account closures.

“To be clear, banks generally have the right to conduct their business however and with whomever they choose. But a bank does not have the right to mislead its customers.

Chase cannot call itself ‘inclusive,’ publicize that it ‘opposes discrimination in any form,’ promise to ‘prevent discrimination’ against customers, and then refuse to commit to the most basic equality of treatment and fair dealing.”

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About the Author: Patriotman

Patriotman currently ekes out a survivalist lifestyle in a suburban northeastern state as best as he can. He has varied experience in political science, public policy, biological sciences, and higher education. Proudly Catholic and an Eagle Scout, he has no military experience and thus offers a relatable perspective for the average suburban prepper who is preparing for troubled times on the horizon with less than ideal teams and in less than ideal locations. Brushbeater Store Page: http://bit.ly/BrushbeaterStore

2 Comments

  1. Ghostmann June 2, 2023 at 10:55

    This stops when branch managers get walked out of the bank in handcuffs. Not lawsuits, injunctions, resolutions. People have to physically be punished.

    Now, are Republican politicians capable of that..

    We shall see.

  2. Damn_Yankee_Rebel June 2, 2023 at 14:08

    Know your banker. Bank locally with your community bank or credit union. Vote with your wallet. F’ em.

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