According to a report from yourNEWS, a federal review found that nine major U.S. banks had policies that could deny or restrict services based on political or religious views or lawful business activities.
The review followed a Trump administration executive order on fair access to banking.
Today’s report provides irrefutable evidence that the nation’s largest banks have denied, debanked and discriminated against customers and lawful businesses.
According to this report, the Office of the Comptroller of the Currency looked at the nine largest national banks. Those banks are JPMorgan Chase, Bank of America, Citibank, Wells Fargo, U.S. Bank, Capital One, PNC Bank, TD Bank, and BMO Bank. The review covered 2020 through September 2025.
All nine banks had policies that could influence whether a customer got services based on political or religious beliefs or lawful business activities.
The main problem was broad “reputation risk” policies. These policies did not have clear standards or objective risk-based criteria. Banks could look at negative publicity, what advocacy groups said, or possible criticism from activists and shareholders.
The OCC reviewed nearly 100,000 complaints and about 420,000 pages of bank documents.
Comptroller of the Currency Jonathan V. Gould said the report gives irrefutable evidence that the largest banks denied, debanked, and discriminated against customers and lawful businesses. He said Americans should have access to financial services no matter their beliefs, affiliations, or political views.
Examples in the report include:
A payment processor owned by a major bank that closed a merchant’s account in February 2021 for selling Trump and MAGA merchandise.
In February 2023 one bank declined to serve a public education organization because its political arm endorsed only Democratic candidates.
A religious conservative nonprofit’s account was closed over reputational concerns tied to its views.
Banks also restricted services for industries such as firearms manufacturing, fossil fuel production, coal, detention facilities, tobacco products, and cryptocurrency.
This matters to everyday U.S. citizens.
When banks can quietly close accounts or refuse services because of someone’s political views, religious beliefs, or the type of lawful business they run, it affects real people.
Small businesses can lose the ability to take payments.
Individuals can lose checking accounts or loans without a clear reason.
Families who depend on those accounts for bills, payroll, or daily needs feel the impact first.
It also raises the question of whether access to basic financial services is still open to everyone or only to those whose views fit certain expectations.
The report noted that smaller businesses were more likely to be denied services than wealthier clients. Banks often gave vague explanations for closures.
The investigation could not determine the full number of affected customers or the financial damages.
The OCC has already eliminated reputational risk as a consideration in certain examinations and is looking at more steps.
The review followed a Trump administration executive order on fair access to banking.
Fair access to banking should not depend on political opinions or religious convictions. When the largest banks use loose reputation-risk rules to decide who gets service, ordinary Americans lose.
The OCC report puts the facts on the table. Now the question is whether the rules will stay changed so this does not keep happening.
“Do not withhold good from those to whom it is due, when it is in your power to act.” Proverbs 3:27
Until next time…
Sources
Full original article: https://yournews.com/2026/10/15/7225116/major-u-s-banks-denied-services-over-political-and-religious-views/
OCC press release (October 14, 2026):
https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-90.htmlFull OCC report PDF – Guaranteeing Fair Banking for All Americans (47 pages):
https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-90a.pdfOCC fair-banking page with report summary and examples:
https://www.occ.gov/topics/charters-and-licensing/fair-banking/index-guaranteeing-fair-banking.htmlNew York Post (Miranda Devine):
https://nypost.com/2026/10/14/us-news/banks-closed-accounts-of-maga-pro-life-and-other-conservative-groups-disfavored-by-biden-admin/Axios:
https://www.axios.com/2026/10/14/occ-banks-debanking-politicsJust the News:
https://justthenews.com/politics-policy/finance/major-banks-closed-accounts-based-political-and-religious-views-duringComptroller Gould’s related statement:
https://www.occ.