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Bank of America Anti Gun?

Discussion in 'General Firearms Forum' started by Falcon5269, May 15, 2012.

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  1. Falcon5269

    Falcon5269 NRA LIFE MEMBER

    Mar 2, 2012
    Western Kentucky
    Sorry, I am always late to the party. I never liked BOA for various reasons anyway, but I have been hearing about there banishing McMillan Stocks and Firearms as a corporate customer.

    Their reason: Because McMillan has become a firearms manufacturer!!

    I WILL NEVER DO BUSINESS WITH BOA!! I encourage you to boycott them also and spread the word to ur family and friends. Its a good idea to send a email to them and let them know.

    Switch banks if u r with them.
  2. Paul53

    Paul53 Geezer Boomer

    Nov 27, 2011
    Can you provide a link to the information you stated please?

  3. DonD


    Dec 21, 2001
    Central TX
    This has been posted before, appears to be true but I haven't personally vetted it.

    I really dislike BofA. They got a huge taxpayer bailout and reward the customers with some of the lowest rates for savings and CDs imaginable. You have to pay to even speak to a customer service agent, really gross. Don
  4. faawrenchbndr

    faawrenchbndr DirtyThirty fan CLM

    Nov 24, 2005
    Changing accounts with a ****load of money in them, and just gave McMillan $825 for one of their master pieces! :supergrin:
  5. Falcon5269

    Falcon5269 NRA LIFE MEMBER

    Mar 2, 2012
    Western Kentucky
    Here u go!

    Sniper rifle manufacturer alleges political bias by Bank of America

    Posted by William A. Jacobson Thursday, April 19, 2012 at 10:46pm

    McMillan International and its affiliates, based in Arizona, manufacture a variety of rifles and accessories, including highly regarding sniper rifles.
    A reader called to my attention a Facebook post by McMillan alleging that Bank of America terminated its lending relationship for political reasons based on McMillan’s involvement with firearms manufacturing. The post is generating plenty of buzz at gun owner forums and Reddit.
    Here is the Facebook post [link updated, the original entry was taken down and then put back up]:
    McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years. Today Mr. [_____], Senior Vice President, Marlet Manager, Business Banking, Global Commercial Banking came to my office. He scheduled the meeting as an “account analysis” meeting in order to evaluate the two lines of credit we have with them. He spent 5 minutes talking about how McMillan has changed in the last 5 years and have become more of a firearms manufacturer than a supplier of accessories.
    At this point I interrupted him and asked “Can I possibly save you some time so that you don’t waste your breath? What you are going to tell me is that because we are in the firearms manufacturing business you no longer want my business.”
    “That is correct” he says.
    I replied “That is okay, we will move our accounts as soon as possible. We can find a 2nd Amendment friendly bank that will be glad to have our business. You won’t mind if I tell the NRA, SCI and everyone one I know that BofA is not firearms industry friendly?”
    “You have to do what you must” he said.
    “So you are telling me this is a politically motivated decision, is that right?”
    Mr [___] confirmed that it was. At which point I told him that the meeting was over and there was nothing let for him to say.
    I think it is import for all Americans who believe in and support our 2nd amendment right to keep and bare arms should know when a business does not support these rights. What you do with that knowledge is up to you. When I don’t agree with a business’ political position I can not in good conscience support them. We will soon no longer be accepting Bank of America credit cards as payment for our products.
    Kelly D. McMillan
    Director of Operations
    McMillan Group International, LLC
    I have an e-mail into several media relations contacts at Bank of America and will print any response.
  6. Paul53

    Paul53 Geezer Boomer

    Nov 27, 2011
    Already dislike BOA, just another reason. Thanks for the link.
  7. HexHead


    Jul 16, 2009
    As long as they don't put up "No guns" signs like Regions bank, they're good to go AFAIC.
    I like their ATM machines and posting deposits policy. They're a huge improvement over the bank I had before in not pissing me off.
  8. Bilbo Bagins

    Bilbo Bagins Slacked jawed

    Sep 16, 2008
    Personally I would not do business with BOA because they are a freakin' ripoff.
  9. RightGlock1


    Feb 12, 2010
    2 days ago I went into BOA to cash a check from a client that bought holsters from me.
    (I make Kydex holsters). The teller told me that she'd have to get approval to cash the check. An officer came over and asked if I would be willing to open an account. I said "No", due to recent press regarding BOA's 2A stance. She said that they supported all businesses, just did not stand behind businesses in the firearms industry. 2 edged sword in that statement. If they support all businesses, then that should include the firearms industry.
    I think they need to change their name. America stands for our freedoms. This bank does not support one. I in turn won't support them opening an account with them.
    What an opportunity to attract new business for competing banks.
    For the record, I had an account with them some time back. I now only have an auto loan with them. I'm about 11 months from paying that off.
    Last edited: May 16, 2012
  10. DonD


    Dec 21, 2001
    Central TX
    I'd hate to do business with a bank that was worse than BofA. You really need to find a decent bank, better yet, a good credit union. Don
  11. jeanderson

    jeanderson Toga!... Toga! Platinum Member

    Apr 11, 2012
    The anti-gun attack continues from all sides. Rediculous laws to try and prevent owning a firearm, EPA attempting to ban lead ammo, now attacks from the banks that do business with arms manufacturers.

    Bank of America will be one of the few banks left standing after all of the rules in Dodd-Frank are implemented. Look for other large banks to stop doing business with other gun manufacturers.
  12. Glockguy


    Jul 2, 2000
    Dump them and join a Credit Union!
  13. The_Gun_Guru

    The_Gun_Guru Build the Wall

    Did you know that they used to be Bank of Mexico?

    Did you know that they give credit cards to ILLEGAL aliens?

    BOA SUCKSS!!!!!!!!!!!!:wavey:

  14. GlockFish

    GlockFish Floyd

    Feb 22, 2002
  15. modestglock26

    modestglock26 sleep w/ a gun

    Aug 2, 2006
    I left them a little while back.

    Apparently this is the 3rd case of them doing such things in regards to 2A companies per the article

    I did see some online rebuttal to the topic of the OP from BOA saying that they do business with other weapons industry businesses...

    On April 22, 2012, Bank of America posted the following on their Facebook page in response to the claim.

    "We want to let you know that we hear your comments and questions regarding one of our customers. While we cannot discuss the details of any individual client we work with, we can assure you the allegations being made here are completely false. Bank of America does not have a policy that prohibits us from banking clients in this industry. In fact, we have numerous, longstanding customers in the industry.

    We are also extremely proud of our support of the US military and reject any assertion to the contrary. We count as clients many companies that provide for our nation’s defense. We employ thousands of veterans, Guardsmen, and Reservists, and plan to increase our hiring this year."

    I still don't care for them regardless.

    Wouldn't pee on them if they were on fire.
    Last edited: May 16, 2012
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