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IPFS News Link • Gun Rights

SunTrust Bank Closes Gun Shop's Account Because They Don't Like How He Earns Money


"At first I thought it must be a hoax," he said.

But this is no joke. SunTrust sent Champion a letter, dated March 20, advising him to withdraw his funds immediately.

"If you do not close these accounts by this date, we will need to close them for you," the letter says.

The letter says their banking "relationship" "no longer meets the bank's corporate business objectives." It does not go into detail on why the decision was made.

"The decision cannot be reversed and is final," the letter says.

Champion was shocked. He's been in business for just a year and said his account is good in standing.

"I've worked my whole life to open a business," he said. "I have a near-perfect credit score. I have zero debt."