This paper builds a process theory of how participants in an online community deal with a new identity threat. Based upon the in-depth, interpretive case study of an online community of retail bankers, it develops a grounded theory that reveals that participants in an online community deal with new taint by protecting their occupation's identity but not by attempting to repair its external image. In the investigated community, reactions progressed from rejecting the taint to distancing from it and, finally, resigning to it. Overall, the dynamics of an occupational online community reveal that the objective of protecting the existing identity of its members supersede that of taking a more proactive stance to address the identity threat and attempt to influence new regulations affecting the occupation.