World Jewish Congress president applauds decision to shut down the bank account of the virulent anti-Israel organization, the International Association of Democratic Lawyers.
The giant Dallas-based bank Comerica announced on Friday that it will close a bank account held by an anti-Israel organization that promotes boycotting the Jewish state.
“Comerica Bank has taken steps to close the account. The account closing, the result of a business decision, will occur in due course. We will have no further comment on this matter,“ Wayne Mielke, the bank’s spokesman, told The Jerusalem Post by email.
The slated termination of the account for the International Association of Democratic Lawyers, which supports the BDS movement, is believed to be the first anti-Israel bank account closed by a US-based bank.
Comercia’s decision to sever its financial relationship with the association comes three days after Texas Gov. Greg Abbott signed into law one of the country’s strongest anti-BDS laws. The Texas legislation bars state contracts with companies that support BDS. “You can always count on Texas,” Abbott said. “Any anti-Israel policy is an anti-Texas policy. Texas is not going to do business with any company that boycotts Israel.” He issued his statements at a ceremony marking Israel’s Independence Day that was held at the Jewish community center in Austin.