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Update: Bank of America Revoking Accounts With Clients Who Manufacture Firearms

Bank of America Revoking Accounts With Clients Who Manufacture Firearms


From the report:

Today Mr. Ray Fox, Senior Vice President, Market 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 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 Fox confirmed that it was. At which point I told him that the meeting was over and there was nothing let for him to say.

Update - Bank of America corporate posted a statement: https://www.facebook.com/BankofAmerica/posts/341835649204011
and McMillan Group posted a response: https://www.facebook.com/McMillanGroupInternational/posts/10...

The story seems to be spreading:
Fox News: http://www.foxnews.com/politics/2012/04/27/gun-manufacturer-...
Glenn Beck: http://www.glennbeck.com/2012/04/24/bank-of-america-drops-fi...
Hot Air: http://hotair.com/archives/2012/04/20/bank-of-america-tells-...
Outdoor Life: http://www.outdoorlife.com/blogs/gun-shots/2012/04/bank-amer...
Army Times: http://www.armytimes.com/news/2012/04/military-gun-maker-cla...
Marine Corps Times: http://www.marinecorpstimes.com/news/2012/04/military-gun-ma...

Close all Bank of America accounts.
If you are a business refuse to accept any Bank of America checks or credit or debit cards.

UPDATE 5/29/2012:
GOA had investigated, and specifically asked NOT for generalized policy statement but rather specifically requesting confirmation or denial of what McMillan has reported. Sadly BofA refused to answer the question and merely resorts to parroting a generalized policy statement that conflicts with their actual actions.
More from GOA: http://gunowners.org/op05242012ldp.htm

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Update from GOA

Update from GOA 5/29/2012:


Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

Chase Bank kicked me out two years ago

I am in the head shop business and Chase kicked me out two years ago, along with lots of my business friends around the country. Business was booming for everyone, and we were all red-flagged for making too much money!

The government and banks are in collusion to kill small business so that we are all dependent on the cabal for our living. I really think it is this simple.


Let me get this correct; they loan you money which they get from the Fed intrest free. They are still making money off the customer. HAHA I bet the vice pres owns a gun also. What a douche bag bank. Let them go down with the FED.


Find support with a local bank


Yes, it seems downright suicidal for a bank in such dire financial shape to tick off the population with such an anti-American, anti-freedom irrational act.
If BofA is so intent on hammering the nails into its own coffin, it certainly deserves to be buried in the graveyard of failed businesses. Its epitaph can give it grand honors for complete business stupidity.

Let it not be said that we did nothing.-Ron Paul
Stand up for what you believe in, even if you stand alone.-Sophia Magdalena Scholl

If you can't afford to loan money, make this kind of excuse.

PR Ploy that is all.

Free includes debt-free!

Bump. Fits right in B.O.'s covert

Bump. Fits right in B.O.'s covert anti-2nd amendment agenda.


Worlds most insolvent, corrupt, and teetering on the edge of bankruptcy, financial criminal institution.

The only reason BOA is even still breathing is because they are who the CIA uses for their accounts.
They are part of the criminal cabal.

I only deal with small local banks and have for a great while.

Thanks for the story though.. BOFA supports Romney and Obama I believe, too.

Patriot Cell #345,168
I don't respond to emails or pm's.
Those who make peaceful revolution impossible will make violent revolution, inevitable.