NIAC Statement on Lawsuit Targeting Bank of America’s Discrimination
Washington, DC – For years, the National Iranian American Council has tracked reports as Iranian Americans, Iranian nationals, and other minority groups have faced discriminatory bank account closures. One of the biggest culprits of these practices, Bank of America, has refuted discriminatory intent and falsely claimed account suspensions were necessary to comply with U.S. sanction […]
Bank of America Faces Groundbreaking Class Action After Years of Discriminatory Pratices
For years, the National Iranian American Council has been tracking reports as Iranian Americans, Iranian nationals and other minority groups have faced discrimination by U.S. financial institutions. One of the most egregious actors is Bank of America, which has a long-standing history of closing or restricting bank accounts based on national heritage. They have claimed […]