Bank of America and Mc Millen Firearms - can this really be true? - Page 2
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Thread: Bank of America and Mc Millen Firearms - can this really be true?

  1. #11

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    I'm done with them. Pulling my accounts tomorrow a.m.

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  3. #12
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    I started banking with these folks back in 1985... They have not done me any favors, and I just closed two accounts with them because I no longer have trust... So sad a business feels the need to become political, even against current laws... Sad day indeed..

  4. #13
    Senior Member David McLendon's Avatar
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    They pulled the same shit with Cheaper Than Dirt, and they rolled. So called Assault weapons are no longer available from them. Think about it before you spend your money.
    Field Trials are competitions....not everyone gets a "participation ribbon" and they do "keep score"

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  5. #14
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    It is apparently factual - I got a response from K. McMillan stating that BofA asked them to find an other bank because they were involved with firearms. McMillan now banks with the Nat Bak of Arizona. Ck it out at k.mcmillan@mcmillanusa.com

  6. #15
    Senior Member 25-ott-06's Avatar
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    Allot of guys in Pa dropped their BASSPRO credit cards for this reason.

  7. #16
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    Notwithstanding the questions regarding the accuracy of the McMillen/BOA relationship, US Attorney Gen, Eric Holder has publically advocated the same strategy for gun control purposes. It is a part of the current adimistration plan to make life difficult for the gun industry. While this incident may be questioned, the intent to use such coercion against the banks & insurance companies doing business with the gun industry to gain support for Obama's gun control positions is a very active part of the plan.
    David Didier, GA

  8. #17
    Junior Member Jrocket's Avatar
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    Not that this may have anything to do with it but think about it...
    I have worked for the DOD for 28 years.
    BOA has just picked up the new contract for all of our travel cards, (the VISAs that we go TDY on)
    strange but if you put 1 plus 1 together you get 2.
    The Administration in the Big House is pushing gun control.
    the Bank that the U.S. Goverment travels on is refusing Gun Oriented Business

    CAN YOU SAY BIG MONEY TALKS?

    Just Saying

  9. #18
    Senior Member Paul Frey's Avatar
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    Just texted my wife to see if we have any accounts with them. If we do, they will be closed out soon !!!

  10. #19
    Senior Member Larry Thompson1's Avatar
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    This is discouriging, I am at this moment working on BOA,s in south FLA. I can only say did you vote? I did and have to earn a living. I will have to continue working for them until something changes. 4.5 yrs left and will have to suck it up.
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  11. #20
    Senior Member Susan Young's Avatar
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    OK, I’m kind of confused here. I read the snopes report on this that is linked in the original post that began this thread, and it shows that this just isn't true.

    K. McMillan said in April 2012 that Bank of America didn’t want to do business with them because they manufacture firearms. BoA responded that while won’t discuss the details of an individual client, the charges of a policy that they won’t do business with weapons manufacturers are false. BoA goes on to point out that in April 2012 they are involved with a 250 million dollar business deal with the Freedom Group, one of the world’s largest manufacturers of weapons and ammunition: http://articles.chicagotribune.com/2...unicipal-bonds

    About halfway down the article you’ll find, “Elsewhere, talk of 8% area is out on the US$250m third lien senior secured notes from FGI Operating Co (Freedom Group Inc). The eight-year non-call three issue is being led by BofA, Merrill, Deutsche Bank and RBC joint books
    . Proceeds of the deal, which is expected to price in the afternoon, will be used to fund bond tender offers. Freedom Group makes guns and ammunition.”

    The snopes report goes to say that charges were made in December 2012 from American Spirit Arms that when their deposits increased by 500% because of increased gun sales, BoA held their deposits supposedly because they were involved in the sales of weapons. If you keep reading though, you’ll see that this was resolved. It is BoA policy to review any spike in activity to protect their customers. It had nothing to do with the company’s product.

    Finally, there were charges made by video in January 2013 that BoA blocks the use of their credit cards and debit cards for firearm and ammunition purchases. These were proven false. The video that originally "proved it" has been corrected to say they were wrong, and there's another video also showing BoA saying there is no such policy.

    So there seems to be only one company charging BoA with dropping them as customers, while BoA can show an article published the very same week announcing their part of a 250 million dollar deal with a company that ……. makes guns and ammunition. Who knows what really went on with K. McMillan to cause BoA to drop them as customers, if that really happened?

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