Bank of America to gun company: Find another bank
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International have been collectively banking with Bank of America for 12 years. But no more: In a recent meeting, the mega-bank told the firearms company that its business is no longer welcome.
Operations director Kelly McMillan told the Daily Caller that his company has never been late on a payment and has never bounced a check. The debt outstanding on its line of credit is at 61 percent.
But at the bank’s request, he said, the McMillan group of companies would soon be paying off its credit line and closing its accounts.
Writing Thursday on Facebook, McMillan described a meeting at his office with Ray Fox, a business banking Senior Vice President with the giant bank. What was originally scheduled as an “account analysis” meeting, however, quickly became a political smackdown.
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Bank of America to gun company: Find another bank
I have always had a problem with Bank of America. For the longest time I just couldn’t quite put my finger on it, then the credit cards for ILLEGAL immigrants story came out and some of my suspicions came to fruition. Bank of America’s New Credit Card Targets Illegal Immigrants.
This has been confirmed by several news sources, not just FOX News, and even Snopes says it’s true. As much as Snopes hates to take up the cause of anything on the RIGHT, it must have pained them greatly to post this as TRUE! Bank of America Credit Cards for Illegals.
So, given their stand on ILLEGALS, is it any stretch of the imagination to believe this?
The Bank of America emissary, he said, “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,” McMillan said, 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 what my business.’”
Fox’s reply, according to McMillan? “That is correct.”
McMillan told TheDC that he plans to move his company’s account to “a more Second Amendment-friendly bank” as soon as it can be done.
Do you need MORE proof? Do you need citation as a reason to dump Bank of America if you haven’t already? How about this?
Bank of America was the recipient of well over 100 billion dollars in federal money. They are also one of just two vendors processing payments for Barack Obama’s 2012 presidential campaign, employing a system that disables safeguards against illegal foreign donations. Bank of America Stadium in Charlotte, North Carolina, is the site of the Democratic Nation Convention in September.
This is at least the third time Bank of America has implemented a discriminatory policy against gun manufacturers. In early 2001, a scandal erupted over the bank’s attempt to discriminate against another Arizona-based company. The resulting public outrage forced a reversal of the policy. SOURCE
I hope ALL of my friends share this. BoA is a POS. They have been anti-gun and PRO-Illegals for a very long time.
I know that as of 3 or 4 years ago they would NOT accept a Concealed Handgun License w/picture, as a legitimate form of pictured ID.
I had a friend that banked with BoA locally and he went in to do something, not sure what, but it required 2 forms of pictured identification.
No sweat, he pulls out his drivers license and his Concealed Handgun License, BOTH with a picture, both issued by the State of Texas and BOTH are identification. Right?
Not according to BoA. They would NOT accept the CHL as a legitimate ID because it was a CHL. My friend no longer banks with BoA.
BoA is, was, has been and likely will continue to be the most anti-gun banking institution in America. If all of that, coupled with the ILLEGALS and Obama thing isn’t enough to make you dump BoA, I don’t know what will.
We have banked with them for a very long time. Convenience factor. Just had the conversation with the wife and we’re going to take the pain of restructuring our finances to step away from them entirely. There will be a nice letter accompanying our removal too… Stay tuned…
Had a BofA credit card. Dumped it. Haven’t had it for 10 + years now.
BZ
I was going to get rid of BOA when I found out about the credit cards and banking for illegals. I checked into other major banks, like US Bank, and found out they also give credit cards and accounts to illegals, so I stayed with BOA. Now, after reading this, I’m going to transfer my money and direct deposits to a local bank and get rid of BOA. To me, BOA’s response to Mr. McMillian is an attack upon the Second Amendment of the Bill of Rights.
We have 3 BoA locations right here in our immediate area, I use a LOCAL bank… For all the stated reasons…
I looked on TSRA and NRA web sites, but did not see a bank link,,,,any one know if there is one assosiated with either one?
I would think that would be something they would put on their page… It might not hurt to contact them directly and ask though…
I stick with my credit union (used to work there) and the community bank. Big Banks catering to illegals done me in.
For all you vets and retired military try USAA. Good folks.
Minuteman26: and THAT’S the credit card I picked up!
BZ