Truist Bank Cancels Accounts of Conservative Groups
Truist Bank Cancels Accounts of Conservative Groups
6th largest bank in US joins leftist cancel culture movement
For National Release | August 4, 2021
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(Raleigh, NC) Americans for Legal Immigration PAC is revealing today that after 16 years of holding a bank account in good standing with both Branch Banking & Trust (BB&T), now Truist Bank, and the Federal Elections Commission, Truist is canceling the organization's account.
ALIPAC received a first-class non-certified letter from Truist dated June 24, 2021 (Available to media upon request):
"We regret to inform you that we have made a decision to close your account with us... This decision is not based on credit reporting information or any other considerations related to your credit. We have made this decision because some or all of your account activity is not consistent with the intended purpose of the account."
ALIPAC disputes this false and defamatory claim since any misuse of the funds in this Truist Bank account would constitute a violation of Federal Election Laws. ALIPAC's bank account has been in good standing with both BB&T/Truist Bank and the FEC for over 16 years, every penny spent since 2004 is a matter of open public record, and this false claim in the letter is just cover for the political discrimination Truist Bank is conducting against ALIPAC and other organizations such as GAB.
ALIPAC is a racially inclusive, pro-immigrant, pro-government organization working with members of Congress who support the full enforcement of America's existing border and immigration laws since 9/11 2004. The group's founder William Gheen has appeared in every major news outlet in America and the PAC is financially supported by many pro-America minorities and legal immigrants seeking a national voice.
"Truist claims this is not credit-related because we would have the right to face our accusers and their specific allegations under credit laws," said William Gheen, lifelong BB&T customer, and Spokesperson for ALIPAC.us. "Truist Bank has made a big mistake, or is listening to left-wing political organizations who lie and resent ALIPAC's success in stopping illegal immigrant benefit bills in 30 states and Amnesty in DC several times since 2004. This may be the new unregulated clandestine social credit score we've been reading articles about designed to mimic the Communist Chinese Social Credit System of political oppression here in America."
When searching on the sentence Truist used to describe the reason for account cancelation, ALIPAC discovered that the free speech platform GAB.com's founder Andrew Torba apparently received the same cancel culture letter from Truist in July. ALIPAC has a sponsoring profile page on GAB.
Torba told author Jack Hadfield of National File, The Political Insider, and Breitbart on July 6, 2021:
“Since the Biden administration came into office, Gab has faced tremendous banking challenges,” He claimed that Operation Chokepoint, an Obama-era program which was originally meant to target banks who worked with firearms companies, is “being weaponized against us for political reasons, just as it was used in a similar way against conservative businesses during the Obama administration.”
ALIPAC believes there are likely many more victims of this latest cancel culture tactic deployed by Truist Bank and hopes they will consider coming forward and speaking out against this big bank attack on American civil rights.
ALIPAC plans to contact Truist board members and CEO Kelly King via open letter asking for an explanation for the political discrimination conservative groups are facing from the bank and is warning all Republican campaigns for Congress to avoid banking with Truist.
ALIPAC has retained the URL BoycottTruistBank.com and is considering launching a national boycott and a lawsuit for damages against Truist Bank in an effort to protect other Americans from this kind of abuse.
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