While I was glad to hear Dimon speak proudly of America and our freedoms, I am concerned that his bank fails to live up to such lofty ideals. He referred to religious freedom as a “foundational belief,” but his bank recently decided to close the account of the National Committee for Religious Freedom, a nonpartisan, faith-based nonprofit organization dedicated to defending the right of everyone in America to live one’s faith freely.
The NCRF is a diverse organization representing people from every faith and walk of life. Our bipartisan National Advisory Board includes members who are Christian, Hindu, Jewish, Latter-Day Saints, and Muslim.
After organizing the NCRF as a nonprofit group, our executive director and I opened a bank account at JPMorgan Chase & Co . We chose Chase because of its national footprint and the multigenerational banking relationships our team had with the bank. Our experience was initially very positive.
However, three weeks after opening our nonprofit business checking account, we received a letter notifying us that Chase had decided to “end their relationship” with the National Committee for Religious Freedom and that our account would be closed. The bank actually closed our account before we received the letter.
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