DailyMail writer James Daniel first reported on banks refusing bank accounts and loans to porn performers with 'moral issues' as the grounds for termination last summer. 1 In the article, adult film actress Chanel Preston reported to have tried to open a business account with City National Bank in Los Angeles, only to have it shut down days later due to 'compliance issues'. The manager who originally assisted her in opening the account noted that the bank was worried about the explicit content on her website and decided to close the account.
