How Can I Help:
How can I find out who my state Representative and Senator:
Sample Letter:
Dear Senator/ Representative………..,
I am a constituent, and I’m writing today to urge you to take action on bank de-risking. Far from improving security, bank de-risking has increased the risk to the US financial system by driving businesses into un-regulated channels.
Banks have applied de-risking in a discriminatory manner denying small and immigrant-owned remittance companies accounts while continuing to serve larger operators and venture-backed upstarts. Thousands of well-paying jobs are in jeopardy, and millions of US residence are being denied access to culturally specific services as a result of bank de-risking. Bank de-risking has also caused a public safety crisis by forcing many of these unbanked businesses in our communities to store large amounts of cash in their premises; making them vulnerable to attacks by robbers.
I ask you to support the following actions:
Bank de-risking fundamentally goes against America’s ideal of equal opportunity. Banks should have the ability to manage risk while also allowing equal access to their services.
For more information on this important issue, please visit: www.righttobebanked.com
Thank you for your consideration
Sincerely
Your name:
Your address:
- Write or email your representative or senator. Below you will find instructions and a sample letter you can use.
How can I find out who my state Representative and Senator:
- Got to: https://app.leg.wa.gov/districtfinder/
- Enter your address to find your district & representatives
Sample Letter:
Dear Senator/ Representative………..,
I am a constituent, and I’m writing today to urge you to take action on bank de-risking. Far from improving security, bank de-risking has increased the risk to the US financial system by driving businesses into un-regulated channels.
Banks have applied de-risking in a discriminatory manner denying small and immigrant-owned remittance companies accounts while continuing to serve larger operators and venture-backed upstarts. Thousands of well-paying jobs are in jeopardy, and millions of US residence are being denied access to culturally specific services as a result of bank de-risking. Bank de-risking has also caused a public safety crisis by forcing many of these unbanked businesses in our communities to store large amounts of cash in their premises; making them vulnerable to attacks by robbers.
I ask you to support the following actions:
- To request the Financial Institution, Economic Development & Trade Committee of the Washington State Legislature to conduct an inquiry on the impact of bank de-risking including its effects on national security, public safety, and equal access.
- Financial Institution, Economic Development & Trade Committee of the Washington State Legislature should consider passing the Financial Inclusion Act to ensure all Washingtonians have access to the financial system and to promote public safety.
Bank de-risking fundamentally goes against America’s ideal of equal opportunity. Banks should have the ability to manage risk while also allowing equal access to their services.
For more information on this important issue, please visit: www.righttobebanked.com
Thank you for your consideration
Sincerely
Your name:
Your address: