September 2, 2025
U.S. Constitution’s First Amendment, taken seriously, would mean an end to debanking
‘Freedom of speech and freedom of religion are guaranteed in our founding document. Debanking anyone for their beliefs is wrong and should be illegal. But it’s happening. That’s why we started ProLifeFintech,’ says Co-founder and Chief Brand Ambassador Nick Vujicic
PLANO, Texas — Cancel culture — whereby people are shut down, silenced, or debanked for their conservative views — has been a common practice in the United States, wherever “woke” ideologies have taken hold. This includes corporate America and even banks.
“Debanking is all too common,” says ProLifeFintech Co-founder and Chief Brand Ambassador Nick Vujicic.
Nick knows personally what it’s like to face banking discrimination. A Christian motivational speaker with a large following, he was canceled by a large bank in March 2019 for his Christian values, well before “cancel culture” was even coined.
“Freedom of speech and freedom of religion are guaranteed in our self-governing republic’s founding document. Debanking anyone for his or her beliefs is wrong and should be illegal. But it’s happening. That’s why we started ProLifeFintech,” Nick says. “ProLifeFintech is a good banking solution because no one will be canceled for their conservative beliefs, and the fintech is open to anyone.
“Cancellation is a profoundly un-American practice, and examples abound.”
In 2021, the Trump Organization was debanked by Capital One, which closed hundreds of its accounts.
In 2022, JPMorgan Chase, America’s largest bank, abruptly canceled the newly opened account for the National Committee for Religious Freedom.
“If you’ve ever had a rug pulled out from under you, then you know how it feels to suddenly lose access to your own bank account,” wrote Sam Brownback, the committee’s founder, in the New York Post.
In January 2025, during the World Economic Forum’s meeting in Davos, Switzerland, President Donald Trump spoke remotely to the gathering. He rebuked the CEOs of Bank of America and JPMorgan Chase, accusing them of debanking conservatives.
In February, Sen. Elizabeth Warren (D-Mass.), the ranking Democrat on the Senate Banking Committee, urged President Trump to “take action on preventing the debanking of too many Americans across the country, including consumers unfairly locked out of the financial system due to overdraft fees, religious affiliation, or political beliefs.”
In March, the Trump Organization sued Capitol One “to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company’s bank accounts without cause,” Eric Trump wrote in an X post.
On May 1, President Trump issued an executive order establishing a religious liberty commission to empower federal executive agencies “to vigorously enforce the historic and robust protections for religious liberty enshrined in Federal law.” One of the “current threats” listed was “debanking.”
“There is a weaponization going on in the banking industry in America, and we all need to bank with someone,” Nick said. “At ProLifeFintech, anyone can open up an account today.
“ProLifeFintech not only avoids funding immorality. Ten percent of ProLifeFintech’s profits go to Judeo-Christian nonprofit organizations that would be pleasing to God and honoring Him, and it’s all about ‘BANKing with purpose.”
To learn more about ProLifeFintech or to open an account, click here.
ProLifeFintech is a financial technology company that provides believers with a banking choice that aligns with their values and helps them bank with purpose! With the motto, “BANKing on Purpose,” ProLifeFintech is more than a fintech — it’s a faith-driven movement that aligns a Christian’s banking and financial journey with Kingdom values, honoring God and making a meaningful impact in service to His will. Available in all 50 states, ProLifeFintech provides a digital banking service that passes deposits through to their banking charter sponsor, Regent Bank (Member FDIC). The depositor’s money is securely held at Regent Bank. ProLifeFintech offers a range of financial products, including individual checking, savings, and money market deposit accounts with competitive rates currently as high as 3.045% APY*. To learn more, visit ProLifeFintech at https://prolifefintech.com.
Disclaimers:
ProLifeFintech is a financial technology company, not a bank. Banking services are provided by Regent Bank, Member FDIC. FDIC insurance only covers the failure of insured depository institutions. Certain conditions must be satisfied for pass-through FDIC deposit insurance to apply.
*Annual Percentage Yields (APYs) and Interest Rates shown are offered on accounts accepted by ProLifeFintech and are accurate as of 03/04/2025. Interest Rates are subject to change without notice. Interest is compounded daily and paid monthly. Interest is calculated and accrued daily based on the daily collected balances in the account. Accrued interest is considered to be earned and will be paid only when the total interest accrued reaches $0.01 or more. In any month, the amount of accrued interest is less than $0.01, periodic statements will show no Annual Percentage Yield Earned (APYE) or interest earned, though interest is accruing. Interest Rates and APYs for all checking and savings accounts are variable. To avoid the $10 monthly maintenance fee on your ProLife Money Market account, you must maintain an average daily balance of $1,000 or more. If your average daily balance falls below this amount during the statement cycle, the fee will be applied. Fees may reduce earnings on the account.
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To schedule interviews about ProLifeFintech and with Nick Vujicic, contact Hamilton Strategies, Media@HamiltonStrategies.com, Beth Bogucki, 610.584.1096 ext. 105, Dawn Foglein, ext. 100, or Richard Jefferson, rjefferson@hamiltonstrategies.com.
