Chase Bank gives little explanation as to why it shut down the account for National Committee for Religious Freedom

  • Chase Bank Cancels Nonprofit’s Bank Account: ‘Religious Freedom Is Under Attack by Corporate America’
  • The National Committee for Religious Freedom (NCRF), a 501(c)4 political action nonprofit, opened an account with Chase in April.
  • According to Sam Brownback, the group’s chairman and the former U.S. ambassador-at-large for international religious freedom under the Trump administration, the bank decided to “end their relationship” with NCRF and close the account after only three weeks.
  • When our executive director called to see if this was an error, he was informed that ‘a note in the file read that Chase employees were not permitted to provide any further clarifying information to the customer.'”
  • was told the decision was made at the “corporate” level and was “final and nonrevocable”.
  • “If they can ‘de-bank’ the NCRF, a multi-faith religious nonprofit, what happens when they start ‘de-banking’ pastors and Christian business people?”

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