Indigenous Advance Ministries has filed a complaint to the Tennessee Attorney-General's office over concerns their accounts were closed because the bank disagrees with its 'religious views.' Pictured: Indigenous founder and current board member Steve Happ in Uganda
Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”
Important Takeaways:
- ‘Debanking’ row breaks out after Bank of America shuts down account for ultra-conservative Christian charity that serves impoverished Ugandans
- Memphis-based non-profit Indigenous Advance Ministries has filed a complaint to the Tennessee Attorney-General’s office over concerns its accounts were closed because the bank disagrees with its ‘religious views.’
- The organization – which claims to have had a banking relationship with BofA since 2015 – purports pro-life and anti-same sex relationship values on its website.
- BofA firmly denies it ‘debanked’ the body over these views, telling DailyMail.com that ‘religious beliefs are not a factor in any account-closing decision.’
- But campaigners are calling for greater transparency over how firms decide which accounts to shut down, adding cases of ‘political and religious ‘debanking’ appear to be on the rise.’
- On April 24 this year, it was sent a letter by the bank advising that its accounts were being shut down within 30 days.
- Associated accounts belonging to partner entity Indigenous Advance Customer Center and a church operating at the same address – Servants of Christ Community dba University House of Prayer – were also closed.
- The correspondence from BofA stated: ‘Upon review of your accounts, we have determined you’re operating in a business type we have chosen not to service at Bank of America.’
- Representatives for Indigenous said they ‘repeatedly’ asked for an explanation about the closure.
- On May 24, the organization was sent a follow-up letter that stated its ‘risk profile no longer aligns with the bank’s risk tolerance.’
- At the time, Indigenous said it had $270,000 in its deposit account.
- The charity works with Ugandan ministries to provide support for orphaned and vulnerable children and prisoners in the African country.
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