In the latest case of banks canceling accounts of Christians, Bank of America has frozen the ministry account of Lance Wallnau, a prominent Christian author, speaker, and consultant.
The move has sparked outrage among the Christian community, who see it as a blatant act of discrimination against their faith.
Wallnau, in an Instagram post on Friday wrote: “You won’t believe what just happened to me! My own bank account got frozen by Bank of America (BofA) for no reason other than being a conservative podcaster. They were investigating conservative bloggers and Christian ministries for ‘money laundering’ while ignoring the real threats in America.” He further explained that what he went through was “outrageous and illegal,” and now he’s set to “expose the corruption in our banking system.”
According to Wallnau, his ministry account at Bank of America was frozen without any warning or explanation. Wallnau is not alone in his experience. In recent years, there have been several instances of banks canceling accounts of Christian organizations and individuals.
Lance Wallnau in a video clip from his show had shared his experience going through a marketing audit to get his account unlocked by the bank.
“Thank God that we didn’t only have our money in Bank of ‘communist’ America,” Wallnau said. “Because Bank of America froze my account and get this. Because their Marxist progressives in their upper management were investigating ministries and conservative bloggers or podcasters in order to make sure we weren’t insurrectionist money laundering operations.”
“Meanwhile, the southern border, the greatest money laundering operation that you’ve got from fentanyl to the cartels and human sex trafficking is completely off the radar,” he continued. “While the resources of the FBI are checking out us that are perceived to be a threat.”
“This is the kind of dumbness that worries me,” Wallnau said. “I got my accounts frozen. I had to go through a complete marketing audit explaining every dollar of our ministry’s budget.”
“Get this, it’s not even legal,” he explained. “I did it just because I felt like freeing up the money and documenting how screwed up the Bank of America is.”
“Don’t think that this is going to go quietly away,” Wallnau warned. “We’re actually going to have a political, populous, conservative, and Christian unified pushback on the destruction of our liberties and freedoms.”
The move by Bank of America has sparked calls for action among Christians. Many have taken to social media to express their outrage and to call for a boycott of the bank. Some have even started petitions demanding that Bank of America reinstate Wallnau’s account and stop
Lance Wallnau is the founder of Lance Learning Group, a Christian ministry that provides coaching and training to business leaders and pastors. He is also a bestselling author and a frequent speaker at Christian conferences and events.
