In light of Mercola's debanking today I think it is worth explaining something in detail This is important to understand Mercola was highly critical of the C-19 vaccines and has generally offered alternative health advice JP Morgan Chase shut all of their accounts down without warning I've seen some recommendations that people should transfer their business to smaller local banks. I generally agree with this advice but there is a major risk factor you need to consider. Earlier this year, during the banking crisis, The Federal Reserve established a Bank Term Funding Program (BTFP) to offer loans of up to one year to eligible depository institutions that were in crisis. No explicit capital thresholds were given but the bar by which eligibility was established appears to be $200B+ in assets under management. In other words, small regional banks will NOT qualify. This means that your deposits over 250K will not be insured at the smaller banks. I am of the opinion that this capital threshold was no accident. Debanking is a major tool in implementing a social credit system. The fed wants you forced into larger banking institutions because the federal government wants you scared into silence. Just as we saw with the Canadian trucker convoy last year. Banking behemoths like JP Morgan Chase are now essentially backstopped in full by the government. This means that they are guaranteed, ultimately, by your tax dollars. This means that while your deposits held there are pretty secure solvency-wise, they are in jeopardy if you are a political dissident. Since JPM are acting as a quasi governmental institution, I believe that they should no longer have the right to turn away customers over political beliefs. Their customers should now have 1st amendment protections. During the next banking crisis the smaller banks will be left to fail. If you choose to deposit there, please be sure that they are taking proper financial precautions and have an elite risk manager. In the meantime, pressure your congressional representatives to pass legislation which makes the fully-federally insured banks criminally liable if they refuse business to depositors over unpopular speech. They can't have it both ways If they want all the benefits of being part of the government then they need to honor our constitutional rights. If they don't like that, they can refuse all governmental backstops. This will be a major issue moving forward and I just wanted you guys to understand it fully so that we can advocate for liberty oriented solutions. Thank you for reading