Has Bank Of America become the Anti 2nd Amendment Gestapo?
Bank of America has a history of targeting gun related businesses:
Bank of America Allegedly Freezes Gun Manufacturer’s Account: ‘You Should Not Be Selling Guns and Parts on the Internet’
Jan 7, 2013 6:20pm
Bank of America allegedly froze the account of gun manufacturer American Spirit Arms, saying the company “should not be selling guns on the Internet,” the company’s owner, Joe Sirochman, alleges.
“My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500% causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review,” Sirochman wrote on American Spirit Arms’ official Facebook page on Dec. 29, 2012.
“…as you could imagine this made me furious…After countless hours on the phone with Bank of America I finally got a Manager in the right department that told me the reason that the deposits were on hold for further review,” the post read. “Her exact words were…”We Believe you should not be selling guns and parts on the internet.”
After initially flipping the “f**k out,” Sirochman said he told Bank of America they have no right to make up their own rules and regulations regarding the online sales of firearms.
“[W]e are a firearms Manufacturer with all the proper licensing FFL (Federal Firearm license ), SOT and that we follow all Federal and All States’ rules and regulations on shipping Firearms and parts ..and that we are also Audited by ATF and Homeland Security on a regular basis,” he wrote.
So far, Sirochman says just one-third of the companies Internet sales over a two week period have been released to the company. Needless to say, American Spirit Arms is looking for a new bank.
As CNSNews.com points out, “this isn’t the first time Bank of America has targeted a customer involved in the firearms industry.”
“McMillan Group International was reportedly told that its business was no longer welcome after the company started manufacturing firearms – even after 12 years of doing business with the bank,” the report adds.
Source: The Blaze
~~~~~~~~~~~~~~~~~~~~Friday, April 20, 2012
Phoenix, Arizona --(Ammoland.com)- McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International have been collectively banking with Bank of America for 12 years.
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.
I think it is import for all Americans who believe in and support our 2nd amendment right to keep and bear arms to 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’s 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
623-582-9635 For additional information visit McMillan’s website, www.mcmillanusa.com or on Facebook: http://www.facebook.com/McMillanGroupInternational.
McMillan Group International, located in Phoenix, Arizona, is the corporate parent for a family of firearms companies committed to excellence in the firearms industry. Companies include McMillan Firearms Manufacturing (formerly “McBros”), a manufacturer of the McMillan tactical and hunting rifles; McMillan Fiberglass Stocks, a leading manufacturer of premium custom fiberglass stocks for hunting, competition, tactical and OEM markets; and McMillan Machine Company, a contract manufacturer of precision machined parts.