Churches Moving Money Out Of Big Banks In Protest Of Foreclosure Actions
Ryan J. Bell’s church is moving its money from Bank of America as part of a larger Lent-themed protest.
For lent this year, some will inevitably give up the usual guilty pleasures like chocolate or meat. More than a few churches are taking a decidedly different approach.
About 25 churches have withdrawn $16 million from big banks such as Wells Fargo, Bank of America and JPMorgan Chase as part of a Lent-themed protest against the banks’ foreclosure actions, The New York Times reports, citing PICO National Network, a social justice coalition of churches that’s leading the charge. Individual members and organizational partners have also taken out an additional $15 million. Continue reading