JPMorgan Chase, Bank of America, Wells Fargo and Six Other Banks Debanked Customers Over Political and Religious Beliefs, Federal Regulator Finds

Nine of the largest banks in the US had policies that cut off or limited service to Americans over their political or religious beliefs and lawful businesses, according to a federal regulator. All nine banks had such policies between 2020 and September of 2025, says the Office of the Comptroller of the Currency (OCC). The banks are JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, U.S. Bank, Capital One, PNC Bank, TD Bank and BMO Bank. The OCC’s report says broad reputation risk policies with no clear standards disadvantaged customers based on their political, religious or social views. The regulator also found the banks restricted entire industries, including oil and gas exploration, coal mining, firearms, detention facilities, tobacco and digital assets.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Daily Hodl.