(Gregg Pupecki, Headline USA) In a unexpected move Minnesota Bank & Trust and their parent company Heartland Financial USA informed Mike Lindell that they want all of his banking accounts closed.
This involves nine of his businesses and charities. The bank gave him 30 days to close the accounts and only seven days to close the account associated with frankspeech.com.
They want his accounts closed not for any violation in banking practices or illegal activity but because officials at the bank are afraid of being in the news. They said he is a “reputation risk”.
Lindell appeared on Steve Bannon’s War Room Podcast, where he discussed the situation and played audio from the phone call in which the bank told him to close all accounts associated with him.
The bank executive on the call informed Lindell’s chief financial officer that they don’t want to be associated with someone in the news, or who maybe indicted and subjected to FBI subpoenas.
“Not that the FBI is even sniffing and looking, but what if somebody came and said, ‘Do you know what? We are going to subpoena all of his account records, and this and that.’ And then all of a sudden we make the news,” the bank executive said.
The bank executive made it clear that all of Lindell’s accounts are in good standing but that it would look better if he closed the accounts instead of the bank closing them.
“You have not done anything illegal and you have not mishandled your account,” the bank executive said.
The bank executive continued to say it’s like “We are firing the client.”
Lindell stated he is not going to close the accounts and warns, “If I can be de-banked then it can happen to anybody.”
Headline USA reached out to the bank for comment and will update with any response.
