On Friday, My Pillow founder and staunch supporter of former president Donald Trump, Mike Lindell announced that the Minnesota Bank and Trust, a subsidiary of Heartland Financial, are moving to de-bank many of his businesses and charities. Lindell made the announcement on former Trump advisor Steve Bannon’s podcast The War Room.
Lindell’s company My Pillow itself would be unaffected by the potential bank cancellation but several accounts affiliated to Lindell and charities that he supports might have to look for a new bank. Accounts that would be affected include Lindell Management, Lindell Outreach, Lindell Recovery Network, Lindell-TV, Lindell Foundation, Lindell Publishing, Frankspeech, Michael Lindell Personal, and MyStore.
Lindell Outreach, Lindell Recovery Network and the Lindell Foundation are all charitable organizations that Lindell has founded and oversees.
According to Lindell, the bank wants the account for Frankspeech, an alternative social media platform, off the bank’s books by next week and the remaining accounts gone within 30 days.
Bannon played a recording of a bank executive speaking to Lindell’s controller, in which the bank executive claimed that their organization no longer wanted My Pillow founder’s business due to a “reputation risk.”
“Just because of our organization saying, ‘Well, why are we connected with somebody that could be in the news.’ And, not that the FBI is even sniffing and looking, but what if somebody came in and said, ‘You know what, we are gonna subpoena all his account records … and then also we make the news,'” the bank executive said. “So it’s more of a reputation risk.”
The bank executive can later be heard saying that neither Lindell nor the accounts in question have done anything wrong.
Lindell’s message to the bank was simple: “I’m not leaving.”
“I said, ‘I am not being part of this. I’m not leaving. So you’re going to have to throw me out of your bank,'” Lindell said.
“Where does it end everybody? Where does it end?” Lindell asked.
Lindell claimed he desperately attempted to contact Stephen Bishop, the CEO of Minnesota Bank and Trust, to find out exactly why the bank was looking to cancel the accounts, but Bishop would not take calls from the pillow magnate. Eventually, the bank CEO sent an email to Lindell promising to “look into it.”
Lindell has been one of the leading voices in protesting election improprieties that occurred during the 2020 general election, in which current president Joe Biden allegedly received over 81,000,000 votes — more than any other individual in U.S. history. The My Pillow founder continues to travel the country speaking at pro-Trump events and railing against the Dominion voting systems that he believes may have been tampered with during the election.
Lindell also was responsible for the Cyber Symposium held in Sioux Falls, South Dakota last August where he was interviewed by The New American’s William F. Jasper. The three-day symposium touched on many of the issues with electronic voting systems and their susceptibility to being hacked.
In yet another attack on his character, Lindell was subpoenaed by the partisan Select Committee to Investigate the January 6 Attack on the United States Capitol.
“I wasn’t there on January 6th and yes they did subpoena my phone records, but we filed a complaint for declaratory and injunctive relief against the January 6th committee and Verizon to completely invalidate this corrupt subpoena,” Lindell told CNBC.
In addition to being cancelled by a financial institution, being permanently suspended on Twitter and being attacked by the bogus “select committee” on January 6, Lindell is facing a defamation suit from Dominion Voting Systems, who’s election integrity the My Pillow founder continues to disparage.
Lindell continues to argue, as do others, that our current election system not only has been subverted, but is still highly susceptible to future fraud. Unfortunately, Lindell is paying the price for his patriotism — right down to where he banks.
