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When Christians and conservatives who love Jesus and America go to pay the bills for all the Christmas gifts they buy for family and friends this holiday season, they hope their checking and savings accounts still exist at mainstream consumer banks, which have become increasingly enmeshed in “woke” ideology and leftist tactics to cancel those who hold biblical values.
Woke-friendly financial institutions, including retail banks and credit card companies, too easily justify cancelling the accounts of Christians and conservatives because they aren’t “woke” enough to abandon traditional biblical truth and thousands of years of human decency. For example, banks will punish an outspoken Christian if the person is pro-life. This happened to Nick Vujicic, the head of “Life Without Limbs” ministry. He has tetra-amelia syndrome, which is a disorder that caused him to be born without limbs.
When Vukicic began to speak out against abortion, his bank cancelled his accounts within weeks.
As soon as it happened, he said publicly, “I got kicked out of a bank with no warning. They froze my credit cards, froze my debit cards. They gave me a letter to say that they did a review of me as a client, and they don’t want anything to do with me.”
All he had done was take a pro-life stance. All he wants is to see equal protection and equal justice for unborn babies. However, he soon discovered that banks often side with pro-abortion organizations. In response, he decided to do something about it.
Vujicic partnered with a friend who is an expert in financial matters and set out to create and launch Pro-Life Bank. Its mission is the opposite of what many mainstream financial institutions increasingly uphold.
“We want to tell everyone, yeah, there’s a choice coming for you. And not only will this be a for-profit bank, we are actually known as a for-giving bank. We will not fund abortion, but we’ll actually fund 50% net profits to Judeo-Christian-aligned nonprofit organizations that are biblically aligned in doing the will of God according to our belief systems.”
Vujicic’s proactive approach to address the threat of “cancel culture” against Christians and conservatives in the financial sphere has kicked off the start of a trend.
As a backlash to this persistent threat against Christians, patriots and conservatives to suddenly and inexplicably cancel their bank accounts—like a bank did to MyPillow CEO Mike Lindell and many others for speaking the truth and standing for American individual freedom—anti-woke banks that are geared toward Christians, patriots and conservatives have arisen.
The latest example of a pro-religious freedom, anti-woke bank is First State Bank of Elmore City, Oklahoma’s first bank, that country music star John Rich, retired neurosurgeon and former Presidential candidate Dr. Ben Carson and conservative radio host and former California gubernatorial candidate Larry Elder bought together in November. They plan to rename the bank “Old Glory Bank,” reflecting traditional American values.
This is more than just a patriotic-sounding name to attract consumers who love America. It is a concerted effort to oppose the cancel culture that has unfortunately reached into the financial institutions of the United States.
Rich said in a media statement recently, “It’s been dismaying to see the political weaponization of the financial system. Old Glory Bank was created to be the full banking solution for folks who still believe in freedom and the greatness of America.”
Elder says, “We value the values of America and believe in the principles that forged this country, such as liberty, privacy, security, community, family and faith.”
Dr. Carson, who headed up the U.S. Department of Housing and Urban Development in the Trump Administration, stated in an official statement that Old Glory Bank will serve lower- and middle-income Americans and “those Americans that other banks have marginalized and ignored, hard-working patriots who keep this country running every day.”
However, it is yet to be seen whether Vujicic’s Pro-Life Bank can get off the ground successfully or whether Christians will gravitate to these new pro-conservative banks, such as Old Glory Bank, or continue in their ways with the familiar brands of financial institutions that are supporting abortion providers behind the scenes and opposing traditional American values as well as biblical values.
There is a hope among believers that the trend will continue to grow with an increasing number of Christian leaders getting involved in starting their own financial institutions for their communities and for people who believe no one should be punished for believing the Bible and having faith in Jesus Christ.
That way, every Christmas will be merry for all bank account holders without fear of reprisal because of one’s faith. {eoa}
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Anthony Hart is a freelance writer for Charisma Media.