Chime

California
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Chime supports the Equality Act but it has not used corporate dollars to advance ideological causes. Chris Britt is a signatory to CEOs For Gun Safety. The company has not terminated business relationships due to views or beliefs, though as a fintech company, it has fewer regulations than a normal bank, and account closures have occurred for various reasons. For these reasons, Chime receives a Lower Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Chime has not terminated business relationships due to views or beliefs. However, as a “neobank fintech (financial technology)” software for personal banking, it is less regulated than a normal bank. In 2021, there were a few cases of Chime closing accounts quickly, though there was no ideological influence in the account closings (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Chime’s charitable giving is limited to financial literacy (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Chime does not provide protections against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Chime is part of the Business Coalition for the Equality Act (1). Chime’s CEO Chris Britt is a signatory to CEOs For Gun Safety (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

There are no publicly known cases of Chime using corporate dollars to advance ideological groups.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Chime does not have a PAC.

All links were last accessed and all information was updated on:
August 18, 2023

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