Azlo bank rejected us for a business account. Any bank worth anything would know the laws regarding rejection of accounts have to list the reasons why an application is being rejected under Federal law. Left a message on the unstaffed customer service line and woman who called back had no idea about disclosure requirements and actually said that the bank isn't allowed to tell people why they've been rejected. They're required to do so by the Fair Credit Reporting Act so they aren't knowledgeable about banking laws. I would say your money isn't safe here. Look below at other reviews where people's accounts are canceled and Azlo won't give a reason why as they are required to do. My explanation? The account holder is likely Black or some other "undesirable" demographic. Otherwise it doesn't make sense to get rid of account holders who are doing business with them and haven't caused any problems. You are much better off anywhere else. Edited to reply to JW's reply below. Actually, for a checking account also you need to tell the reason so you can dispute it if it's based on false information. The purpose, as Azlo would know if they obeyed it, of the laws requiring disclosure are to prevent red-lining and other discriminatory practices. The fact that this bank can say "It's not a good fit" to have an account with them and can't tell you why is exactly why disclosure requirements exist. The idea that they want to help entrepreneurs doesn't set well with the number of people here complaining about having their account closed and their business jeopardized for no reason. Scroll down. A number of people have raised the issue of race/ethnicity.