Mike Lindell says his businesses, charities will be ‘de-banked’ because of ‘reputation risk’ 

The Minnesota-based businessman has already been banned from social media platforms and has had his products removed from shelves.

Lindell speaks at TPUSA's 2020 Student Action Summit. (Gage Skidmore/Flickr - image resized)

MyPillow CEO Mike Lindell says he’s no longer allowed to bank with Heartland Financial because of the “reputation risk” he poses to the company.

Lindell made this claim during a recent appearance on Steve Bannon’s War Room podcast, where an apparent recording of a phone call between one of Lindell’s employees and an executive with Heartland Financial was played.

“Not that the FBI is even sniffing and looking, but what if somebody came and said, ‘Do you know what? We are going to subpoena all of his account records, and this and that. And then all of a sudden we make the news,” the executive says in the recording.

“So it’s more of a reputation risk,” he adds.

Heartland Financial operates Midwest Bank & Trust, where Lindell has accounts for many of his businesses and charities, such as Frankspeech, MyStore, and the Lindell Recovery Network.

“What you’re going to hear on these recordings is horrific,” Lindell told Bannon.

The Minnesota-based businessman has already been banned from social media platforms and has had his products removed from shelves because of his claims about the 2020 election. He’s also facing a $1 billion lawsuit from Dominion Voting Systems, which accused Lindell of “undermining the integrity of our electoral system all the while profiting from it.”

“I am not being part of this. I’m not leaving so you’re going to have to throw me out of your bank,” said Lindell.

WATCH: