Big Banks Debanked ‘MAGA’ And The Left’s Other Political Enemies

The Timothy Two Project International’s mission is to do as the Apostle Paul instructed his protege Timothy: Teach others to teach the Gospel. TTPI has for more than 15 years reached indigenous pastors in some 70 countries — in some of the more impoverished places on Earth where there is little or no formal biblical and theological training available. 

In 2020, Bank of America canceled the nonprofit’s account, an account the Timothy Two Project had held since 2011. Suddenly, inexplicably, TTPI was “operating a business type we have chosen not to service,” according to the financial services titan. 

Steve Curtis, TTPI’s international director, explained in the Washington Examiner in 2023 that the notice came out of the blue. 

“We opened our Bank of America account in 2011, and used it to make small grants and pay our largely U.S.-based staff members. Our ministry focus has stayed consistent in whatever may qualify as a ‘business type’ since we started our bank account, and we are accredited with the Evangelical Council for Financial Accountability,” Curtis wrote. “So we were surprised and confused by the bank’s decision.”