Alabama Governor Protects Banking Access for All

Alabama Governor Kay Ivey signed executive order 743 this week to protect residents' access to banking services.

The order requires state charter banks to avoid denying customers based on their beliefs, political views, or legal activities, ensuring fair.

Financial options for everyone.

This move builds on a federal action from President Donald Trump.

Back on August 7, 2025, he issued executive order 14,331,

which promises no American get shut, out of banking for protected beliefs or affiliations.

State Banking Department Superintendent Mike Hill welcomes the order.

He notes it lines up perfectly with longstanding department views that banks should serve law-abiding communities without biased on politics or lawful.

Pursuits.

Banks in Alabama have generally followed this practice already, but now the superintendent must issue clear guidance to all state chartered institutions.

That spells out expectations for safe legal operations starting immediately.

With this policy in place, Alabama aims to bolster economic stability by keeping financial doors open to all its people, no matter their viewpoints.

This has been Birmingham News Today, powered by AI.

I'm Corey with the story.