SHREVEPORT, La. ( KTAL/KMSS ) – Bank of America is calling foul after Louisiana State Treasurer John Fleming said the banking giant discriminates against Christians.

Bank of America denies the claims that they practice discriminatory practices based on political or religious affiliation or practices.

In an interview, the state treasurer explained the decision to decline Bank of America’s application to be the state’s fiscal agent, saying the institution denied services to groups and individuals based on their political and religious affiliation , including those working for churches, oil and gas companies, farms, and manufacturers.

“Religious views are not a factor in any account closing decision. In fact, Bank of America provides services to more than 100,000 non-profits associated with religious organizations around the country. These incorrect allegations were raised to us by a number of state officials earlier this year and we provided a detailed response on May 15 to those officials, including Treasurer Fleming,” Bill Halldin, Bank of America Media Relations, said.

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In the lengthy May 15 response, Bank of America explained that all new account applications and current accounts are subject to review and closure at any time if they do not comply with the account agreement.

“As with account openings, a decision to close an account is subject to review and scrutiny.
There are multiple reasons why we close accounts, including because of a change in the stated
purpose of the account; the expected level or type of transactional activity; or the inability to
obtain or verify the customer’s account opening documentation as required by law. In all
events, however, the determination to close an account is based on a totality of circumstances
and factors. Moreover, as with all banks operating within the United States, our account
agreements are subject to federal and applicable state laws, including with respect to
discrimination.”

Bank of America to State Financial Officials dated May 15

Read the full statement from Bank of America to state officials below:

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