Bank of America claims that the closure of Cherie DeVille’s accounts is based on activity in her accounts and federal monitoring requirements, not on her involvement in the adult entertainment industry.
“We are subject to federal regulations that require us to monitor account activity,” a Bank of America spokesperson said in a statement. “In this case, the account was closed based on recent transactional activity and not because of any industry or profession.”
DeVille had claimed that the bank closed both her personal and business accounts despite having been a customer for years.
“So Bank of America has just fired me as a customer,” DeVille said. “I know that is crazy because after literally years of banking with them, they closed all of my accounts, my personal accounts, uh, my business accounts, not because I committed fraud or did something illegal, not because I owe them money, but because I’m an adult content creator. That’s it. That’s the entire reason.”
DeVille said she runs a legal business and should not lose access to banking because of it.
“Whether you personally approve of my job or not is kind of beside the point because at the end of the day, I work in a completely legal business,” she said. “I pay my taxes, I have employees, I run a company, and I, like all legal businesses, deserve access to banking just like any other law-abiding American.”
This incident is described by DeVille as part of a broader phenomenon known as ‘debanking.’
“It is called debanking, and it can obviously have a huge impact on your life and on your business,” she said. “This, unfortunately, is not at all a unique story in my line of work.”
She said the issue has drawn attention at the federal level, citing an executive order signed by President Donald Trump addressing debanking, though she said it was not aimed specifically at her industry.
“It has become such a big issue that President Trump signed an executive order to address it. Not for us, but for other people in vice industries,” she said. “And it simply says, if you’re operating a legal business and following the law, you shouldn’t lose access to banking just because somebody doesn’t like what you do, doesn’t agree with your line of legal work.”
DeVille said she has since found another bank, but noted that not everyone in her position has been as fortunate.
“Thankfully, I have already been able to find another bank, and that’s great for me, but not everybody has that privilege,” she said.
She said she decided to share her story publicly to raise awareness about the practice.
“I wanted to come on here, um, and one, let you guys know that this happens, and this happens all of the time,” she said. “So let me know in the comments if this has happened to you or somebody you know, and if you think that banks should continue to get away with this, just ripping people’s accounts away for no reason other than they don’t like your job.”
DeVille said her banking history and credit made her case notable.
“If it can happen to me, someone with a long banking history, someone with very good credit, it can really easily happen to a lot of other people,” she said.
Watch Cherie DeVille’s Instagram video below!
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