BREAKING: Bank of America Reportedly Drops Gun Company for Political Reasons
Bailout recipient Bank of America has severed relations with an American company because of a reported bias against their industry. McMillan Group International released an extraordinary statement on Facebook regarding the incident:
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, 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 five minutes talking about how McMillan has changed in the last five years and have become more of a firearms manufacturer than a supplier of accessories.
At this point I interrupted him and asked “Can I possible 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.”
“That is correct” he says.
I replied “That is okay, we will move our accounts as soon as possible. We can find a Second 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 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.
McMillan is now refusing to accept Bank of America cards from customers for payment.
McMillan is heavily involved with U.S. national security. McMillan rifle stocks are the standard for the Marine Corps’ favored M40A3 sniper rifle. McMillan products, from stocks and other accessories to complete rifles, are used by U.S. regular and special forces and by American military allies around the globe.
McMillan products are of particular import in Afghanistan and in Iraq, where snipers and designated marksmen armed with long-range precision rifles performed (and still perform) vital scouting and overwatch functions protecting maneuver units. The extended range of these weapons allows forces to engage with and destroy enemy forces before they are in range to accurately fire against American soldiers and Marines.
Per McMillan’s statement, a politically partisan bank has severed the lines of credit to a company important to our national security. This act has likely added difficulty to the company’s ability to operate, to research product improvements, and to deliver products on time. Bank of America’s stance — especially if this signals a new policy regarding dealing with all arms manufacturers — could potentially effect the readiness of American soldiers in combat zones and the operational efficiency of some of America’s most highly trained and effective units.
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.
In 2010, Bank of America attempted a similar action, and was again forced to “clarify” their position:
Bank of America does not have a corporate-wide policy to deny banking services solely on the applicant’s involvement in the firearms industry.
No other gun manufacturer or gun rights group has reacted to the McMillan Facebook post at this time.
I recently had to open a BofA account in AZ to deal with a local purchase, in which I received a wiretransfer from myself from another AZ bank. I was not comfortable with opening this account because of their past pandering to illegals, but dealt with them for my own purposes. I also find that I need to use them one more time in order to purchase something big in IL. After completing that transaction, I will close my BofA account for good. If they don’t want business from 2nd Amendment devotees, I say let’s give them what they want.
Since BoA is part of the Obama machine, perhaps they have insider info about a coming crackdown on gun manufacturers from the Obama regime?
Les…, if they are…this is a very stupid mistake. Bank of America is no longer the flavor of the people to bank with. Believe me, they need all of the accounts they have + some.
They’ve probably been promised that they will become the exclusive credit card of the GSA for this.
You might be on to something!
Mr. Nessman
I believe you have stumbled on the crux of the issue. Bof A is getting ready to divest itself of industries BHO is going after to shut down. Why have large line of credit in a company that is going to be shut down by the Government
I got rid of my BoA stock!!
Linda!! I directed my adviser to sell all and any BoA that I may own.
Now if we can get a few others to do the same.
i’m there. don’t need that many cards anyway. so i will be cancelling the credit protection too. even better. this is a stupid thing to do. if it goes viral there are around 41 million hunters in the u.s., and probably half have spouses. about the only industry not in the crapper is gun sales. guess they didn’t read the book about fast and furious.
makes one wonder what the motivation might be. this is a stupid move for a commercial enterprise to do, unless they have insider knowledge of future plans.
however, sometimes even the best laid plans of mice and men …
translation: wtf is that sneaky $#%$%ing little #%#& up to?
Dave – BofA is WAY lefty for a while. I have a friend whose husband works for BofA. Conversation turned to the money BofA was bleeding on low quality loans a few years ago. He said something to the effect “It really has been unfair that those people couldn’t buy a home. We can handle the losses.” This was a VP advocating making stupid business decisions to be fair!!!!
BTW – He is a 70′s era UC Berkeley grad.
Note that BofA has a big corporate presence in 80% Blue San Francisco. Hard leftism IS their corporate culture.
Mark, you could be quoting directly out of Atlas Shrugged, “Eugene Lawson,…. the banker with a heart, they called him.” He knowingly threw good money after bad into the Twentieth Century Motor Company.
Interestingly, back in those halcyon days of the 60′s, the B of A was hated by the left. I recall they burned a branch in Isla Vista, California. I guess just like the universities and government bureaucracy, they took over the bank with an inside coup.
I believe that this is a clear violation of the VISA and Mastercard regulations contained in the operating guide.
I was a little confused by the way the article is written. If BofA is saying that their cardholders are not allowed to purchase firearms from a licensed dealer, then they are clearly in violation.
However, if they are saying that they will no longer broker the credit card processing services for McMillan, then they are within their rights, provided that they are doing that to every dealer selling firearms.
The good news is that there are a ton of other companies out there who will do their processing, and being in that business I invite McMillan to contact me if they are not sure who to go to! PJ Media has my e-mail address, and I am sure would give them it to contact me!
I suggest everyone get rid of all affiliation with BofA as a matter of personal policy. Also, they are very deeply in bed with our would-be dictator, and so who knows if they are willing to break the law to give the anti-gunners your personal info? Remember they know what you have purchased using your CC!
AZRanger
MOLON LABE
I didn’t read the article to mean that BoA was refusing to process purchases at McMillan. I read it that McMillan was refusing to accept BoA cards as payment (probably because they don’t want to send the 3% (or whatever) cut to a lousy lefty bank that doesn’t want their business). And good for McMillan.
Let me take a moment here to bring everyone up to speed. B of A got 1.5 Billion bucks in the bank Bailout. But it didn’t end there. The Federal Reserve printed an extra 16 trillion dollars sending some of that overseas. Of that outrageous amount, B of A got another 1.344 TRILLION dollars. So the Bailout was a drop in the bucket. The company who got twice the bailout amount is Citi and they got a bunch more in the Federal Reserve gift, 2.5 Trillion dollars. That’s right, 2.5 Trillion, almost twice as much as B of A got.
How do you like them apples?
Well, they weren’t “given” it, exactly. That would be illegal.
They were allowed to “borrow” it at zero point 25 percent interest.
Don’t you wish you could borrow a few mill at a quarter percent interest? It’s guaranteed money, just with bank interest, just for breathing.
Nice little payback, huh?
Why would anyone care about customers, anyway?
Obama needs to be hung. After a trial, of course.
BALONEY
Don’t know if this is true of all banks……..but…………….I received a CASHIER’S CHECK for over 100,000 dollars to be deposited in my account so I may wire transfer it. I have been informed that I must wait three days before I can transfer the funds. I asked what a CASHIERE’S check was and no one at the bank could tell me. One did tell me that it was cash and so I asked to cash the check since it was cash. They told me that they couldn’t because they don’t have that much money at that branch. I haven’t gone to the ‘main’ office yet but I intend to to get the ‘skinny’ on a Cashiere’s Check.
Frank
Bank of America is hardly that. With it’s call centers in India and offices in other countries it should change it’s name to Bank of the world or Global Bank but the idea that this bank has any love or loyalty for America is laughable. No longer doing business with these people has been a great relief. They can cozy up to the tin foil hat brigade, but I think that gun owners and law enforcement should keep their guns and their money as far away from this organization who’s stated goal is to be the “most admired company in the world”. Can you say shallow? Symbolism over substance every time.
Maybe those in charge should grow up, grow a pair and find some integrity. The way they treat their customer and employees is downright disgusting. They are not too big to fail, all we have to do is stop doing business with them. I’m done.
I hate BOA, with a passion. But their call centers are in the US.
The main call centers are in New York City, and East Providence, RI.
I’ve never approached them before, and never will.
A few months ago I dropped an AOL subscription over the Rush Limbaugh imbroglio.
I’ve had credit-card, savings, checking, and CD accounts at BoA, some for over a decade.
No more. Let me out of there: it stinks of dog stew.
HOWEVER, would someone please give me a list of rational banks, so that I can figure out where to take my business to?
Try Wells Fargo.
Wells Fargo is just as bad, if not worse than, B of A. Last year, a friend of mine, in his 90s, applied to Wells Farge to refinance his mortgage to lower his interest rate. They lost his application, took forever to respond to his second application, and then he received a short one-page response stating that he was denied and should consider filing bankruptcy. He was not behind on his mortgage payments and there was plenty of equity in his home. He told me he had been a Wells Fargo customer for 70 years, but no more.
I use Wells Fargo because I’m a former Wachovia customer. I’ve never had any trouble with them. My parents, however, got mixed up with Wells Fargo while trying to dispose of my deceased aunt’s estate. They say it’s been a nightmare – painfully slow processing, know-nothing customer service representatives, personnel failing to return phone calls, etc. I’m thinking about switching banks just based on the way WF has been treating my folks.
I hope your comment is meant to be sarcasm. Who in their right mind would loan money to someone in their 90s? What did he want – to refinance for a 30-year mortgage? 15 years? Please.
Are you really so stupid that you think any bank is going to refinance a mortgage for someone over 90 years old. In any case, the topic here is a bank cutting off a line of credit to a customer for political reasons. What on earth does your post have to do with that issue?
By Federal Law a lender cannot refuse to make a loan/mortgage based on age.
Go with a small local, or a credit union. They will serve you a thousand times better than any BIG BOX bankster outfit.
I agree with Rocky Bass and others. Credit Unions are a far better way to go! They offer better rates on loans. savings and CDs. Last year I got quick approval for a $100,000 line of equity for my 93 year old mother on her house from a Credit Union .
Not wells either they are just as bad if not worse.
I work for a firearms company. Wells fargo deopped us from their credit card services several months ago for the same reasons. Local bank or credit union is the way to go.
Try your local or regional bank. Much better customer service and jobs in your hometown.
When my wife writes a check and forgets to tell me about it to make sure it’s covered, my home town bank doesn’t slam me with an bounced check fee, they call me and ask which account I want it taken from. I processed a truck loan on their web site and stopped in to the sign the final loan papers.
My mortgage was sold to BOA, so I’m kind of stuck with that, but otherwise, it’s all about keeping my business at home.
we also use a local bank which gives us personalized service and always calls if a check even looks suspicious.. Bank of America has our mortgage and has screwed up the escrow so badly that we have had to go back 3 years and we still can’t get it straight.. We have taken away their escrow account and now pay our taxes and insurance ourselves.. Their accounting details are so utterly confusing that my husband who is an accountant can”t figure it out. Now we oare getting calls to refinance our morgage from them.. what a joke. We had 2 credit cards with them that we also cancelled.. They had actually posted our mortgage payments(with coupon) to out credit card account.. That also is still not resolved.. They are nightmare for finance!!!!
You need to contact the OCC….Office of the Comptroller of the Currency. HOPEFULLY they will get you to a higher level person than you have been dealing with. If they don’t satisfy you get to their supervisor’s, supervisor’s supervisor. One trick is to call your “contact” hit zero and ask the operator to talk to their supervisor. Good Luck
P.S. I hate BofA
The only problem with local banks is that they can be as bad as larger banks. Take City national bank in WV. They are the most incompetent little pieces of craps I have ever seen in my life. There can be a line to the door and they take their sweet time and have a long and I mean long personal conversation with customers even while other people are still waiting. I mean we do have lives we have to deal with not stand in line for extended periods of time while you have this long personal conversation with your customers. It’s rude and an impractical business model, oh and yes to add further insult to the sheer incompetence of these people there are maybe 5-7 employees working at any given time and only two and MAYBE three will be at the front counter servicing people two more in the offices as personal bankers and then two more at the drive through, one you see your co-workers are getting slammed with customers and you are just in you office typing away on your computer and you just sit there. Two yes I do realize that they may only have money set out for the people dealing with the money but come on at least have a back up plan in case you get slammed. and then there is the fact they can’t hire people with half a brain that can count. My job has had to repeatedly go back and count behind them and then ask for what we didn’t get. Yes I know you should always count the money before you leave the bank. Yes I know mistakes happen, but the level of these mistakes is way too high. The point I’m trying to make is no matter where you go you more often than not you are going to get shafted. I haven’t been to the other banks in my city except for Chase and this new one wood forest. So I can’t say about the level of customer service from united Bank, BB&T, or Bank of Mount Hope. Or the credit unions in my home town. The only reason I stick with Chase is because of that nifty smart phone deposit app, and atm deposit. As they are the only ones who offer this service. The other ones I mentioned are also way out of my way to go to since I walk everywhere I have to go. not because of some federally mandated green crap, but simply I find change on the ground and I’m not too proud to pick it up and the fact I find driving to be boring. Yes I can drive.
If you are active duty military or NPHS, or a veteran look at USAA. Fantastic customer service and rates as good or better than any others in the banking industry.
Not just active duty, retired, left the service, had a family member in the service as well. Great insurance company too.
Not just active or retired military either. I got into USAA cause I was a Navy brat. Never been in the military myself. But almost all my finances and insurance are through USAA.
I can’t say enough good things about them. If for no other reason, enlist in the reserves just to get USAA. They are that good.
Not sure if they still do, but USAA also let members of employees family become members. That’s how I got my account. Mom worked there for nearly 30 years.
Agreed, USAA has been terrific. ‘Nuf said.
USAA also has some great insurance rate for your vehicle(s). I swithched to them years ago and have had nothing but great service.
USAA IS TOPS
Absolutely. If you’re qualified for USAA (and if you’ve had ANY connection with the military, you probably are) they’re very good.
A thousand times yes. USAA is very good. Besides military, and family thereof, you can also get an account with them if you live in San Antonio, where they are based. Highly recommended.
And yes, I had BofA before. After having them screw up a mortgage application, and blow through *3* closing dates without even telling me (I had the title company calling me because BofA hadn’t gotten in touch and *they* couldn’t get ahold of them.) I dropped all of my BoA accounts and switched.
I would recommend BMO Harris. It is wholly owned by Bank of Montreal, one of Canada’s largest banks. They are financially a lot sounder than most US banks and never needed a bailout.
Canadian banks are already guaranteed by the Govt of Canada via the Canada Deposit Insurance Corporation (CDIC). Deposits are backed by the govt up to $60,000. I’m Canadian, eh.
Small regional or community banks
If you’re a Veteran, or perhaps have a family members who is, then USAA is the way to go.
I switched from BoA to USAA a few years ago and have never regretted it.
For what it’s worth, I approached Wells Fargo for an SBA loan to start up a firearms related business. I had no problems and there was no hesitation on their part to finance a firearms business. Hope that helps.
BTW – Way to go McMillan… I also will not do any business with anyone wishing to use BofA
try a credit union. mine is great!
Don’t know where you are, but in the southeast BB&T has been great for both personal and business banking. I ditched BOA years ago.
My VFW Post had an account with BoA for years and was getting screwed by them so we switched to Bank of the West. Bank of the West has treated the Post very well and I reccomend it/
Try looking up a local credit union. Many of them are opening up their memberships to the general public now–you can get better rates on savings, loans, credit cards and more. Plus credit unions have an agreement where any CU member can use any CU ATM anywhere in the country for free. It’s worth looking into.
If you were ever in the military, go to USAA. They serve the military past & present.
Find a local credit union, or one that’s affiliation based such as PenFed (military). Got TFO of Sh-ttibank a couple years ago, best thing I ever did with my $$..
I’m told that BB&T is an excellently run bank (its former CEO was a committed OBjectivist who grew the company massively over his 20 year career before he left in 2008). If there’s one in your state, consider it.
I use WF for my banking needs at the moment, but that may change.
I use credit unions. Unfortunately, my mortgage is held by JPMorgan Chase–which has a foreign born ceo AND the majority of its upper staff is foreign. As soon as I can get out of my mortgage, I will be closing all accounts with Chase; I won’t do business with anything but credit unions/LOCAL banks–no more business with the mega banks who received bailouts.
I haven’t done business with any commercial bank in the last quarter century. Go to a credit union instead. You get treated a lot better.
Try your local credit union! I’ve NEVER done banks and will not step foot in a BOA… or any of its affiliates!!! Something is seriously (wicked) wrong with that financial institution. Grrrrr.
BB&T. Started and run by an arch libertarian. No bail outs needed or accepted.
BofA isn’t exactly in the finest financial shape even after accepting TARP coin. In fact, they are probably in the worst shape than all of the bigs. Turning down loans post facto on ideological grounds doesn’t seem to me a best business practice. Screw ‘em.
I think they were doing okay until they bought one of the failing investment banks at the government’s request.. it dragged them down… then the Obama administration threw them under the bus as dead beat bankers for taking tarp… It was enough to make you feel sorry for them. That said; I’m going to move to wells fargo next week.
That’s ok – I closed my account (a 15 year account) with BofA about 7 years ago over their giving loans to illegals.
I was with BoA for almost 20 years — so glad I finally dropped them.
If you qualify, go for USAA. They’ve been wonderful and their customer service is second to none. We have all of our home and car insurance with them, as well as checking, savings and some stocks.
Don’t forget about sweetheart deals to the DNC. I read that they provided a very large loan with very favorable terms that basically amounts to an illegal contribution.
If this latest thing is true (I’ll check with them) then I’ll remove my money (I’ve had an account with them since 1985 (opened with a bank that they eventually took over)).
By the way, if any of you eat at Arby’s, don’t. They apparently dropped Rush. I sent them an email asking if true. After several emails saying they have forwarded my email to the appropriate person I have received squat from them. So no Arby’s (I was going to add them to my fast food rotation because of recent innovations in their menu. Not now).
Thanks David W. for the heads up in reference to Arby’s. Although I don’t eat there, I would sure be more than happy to pass the message. I simply luv Rush!!
Oh yeah, about BOA – absolutely wicked and I never have or never will bank with such a financial institution nor any of their affiliates!
I’ve been bank shopping, so I’ve been asking around and many individuals and small business owners have moved all or most of their personal and business accounts to local credit unions: savings, checking, credit cards, car loans, mortgages, etc.
The most common descriptors: Good service, helpful people, responsive, etc.
Small town and local banks and CU’s are the best.
Hysterical. One of the few manufacturing entities in the US are those involved in firearms (wonder why?). Bank of America distains their business. Sort of explains why BOA needed a bailout, no?
Hey P.J Media-
Why do you have a BOA ad at the top of page on which I am reading this story?
It is an attempt to get some of their tax back.
PJ Media just provides the screen space. An advertisement server (like Google) makes the decision on what Ad to put there after scanning the page or based on what it knows about you as the page reader(s).
Google does this, not the website. They track your web surfing, where you shop, and your search terms and then put the ads they think you’ll like in the space. They do this with most sites that allow ads on the pages.
i.e. one of the few profitable US manufacturing industries.
Try a credit union – better service, better monetary return, and it belongs to the depositors.
I work for one of the megabanks, and this is a common practice for them–it is not isolated to BofA. They don’t want to extend credit to anything that may cause them political trouble in the future–at my bank that means weapons manufacturers, sex industry businesses, and political campaigns.
I have banked with B of A all of my life. I can’t believe they would do anything this stupid. Have called the bank and registered my displeasure.
If you can’t believe they’d do this, you really have had a one and a million experience with them. Most of us who have dealt with them over the years are going to throw parties when they finally go down the drain; and they will. I’ve never dealt with less competent people in my life.
Why do you have a BOA ad at the top of page on which I am reading this story?
Because their money, at least for the time being, is good. And every time you click on it, you cost them money, and do PJM some good.
I will be transferring my five accounts next week.
I closed my BOA account just around the 2008 election, and switched to an honest bank, BB&T, which was forced (or threatened with continuous audits) to accept the “stimulus,” but which repaid it in full a year later. John Allison, former CEO of BB&T, retired, but launched progams that foster freedom in varous universities, such as Clemson.
As a Canadian, who banks with them up here, and is more than happy with their service(s), might I suggest TD Bank (USA):
http://www.tdbank.com/
IF WE LET THIS STAND ALL AMERICAN BUSINESS IS THREATENED. BOYCOTTS WORK TWO WAYS.
WHEN THE COMMUNISTS INTIMIDATE TO GAIN THE ADVANTAGE AND WHEN WE DO IT TO BREAK THE BANK. BAC NEEDS A FREEDOM LESSON. LET THEM KNOW HOW YOU FEEL. AMERICAN BUSINESS COMES FIRST.
“Bank of America does not have a corporate-wide policy to deny banking services solely on the applicant’s involvement in the firearms industry.”
Perhaps not, but obviously, when you couple firearms with the need to suck up to your sugar-daddy anti-gun President, you do get a “corporate-wide policy”.
I have several credit cards that have ended up being BOA owned. I have enough credit cards that I can leave these in the file cabinet unused–BUT they still
have to maintain the records, and send me statements. COST THEM MONEY IF YU CAN!!!
Bank of America was also the bank that pushed loans to illegal immigrants. Illegal immigrants were the first to default because they were heavily involved in the construction industry, thereby starting the snowball effect that caused the collapse.
Wow, if you think that loans to illegals is what caused the financial collapse, I’ve got a bridge to nowhere with your name on it. Please contact me ASAP for this once-in-a-lifetime investment opportunity. Please bring lots and lots of money.
What caused the housing crisis was lax lending standards mandated by Congress and then allowing Fannie Mae to buy those bad loans. I’m just saying illegal aliens were part of the problem and the first to begin defaulting. From the Washington Post:
Immigrants are emerging as among the first victims of a growing wave of home foreclosures in the Washington area as mortgage lending problems multiply locally and across the country.
Nationally, 375,000 high-interest-rate loans were made to Hispanics in 2005, and nearly 73,000 of them are likely to go into foreclosure, said Aracely Paname?o, director of Latino affairs for the Center for Responsible Lending. About 1.1 million homes in the United States are expected to go into foreclosure in the next six years, and many native-born Americans are likely to be stuck with burdensome loans. But immigrants are getting hit first in part because their incomes tend to be lower and many have lost construction jobs.
The WaPo article is OK as far as it goes but what they’re describing in the effect of the recession, not the cause.
Yes, low income wage earners – over-represented by immigrants – are adversely affected by the recession and thus over-represented in foreclosures, but the root of the problem were shoddy loans cobbled together into Collateralized Debt Obligations and pushed out the door by many banks who pocketed their fees and had no further concern. And, to add gasoline to the fire, insured with highly-leveraged Credit Default Swaps. And throw in the fraudulent ratings given to the CDO’s that caused many unwitting investors to load up on this dreck and you have the economic meltdown that THEN produced the bad economy which THEN caused many defaults among the lower income brackets.
In general I’m with you but it became a crisis when middle class and above people started walking away from their mortgages because they were underwater. $600,000+ single home loans vs under $100k for a low income home.
Where does the article say “illegal?” Immigrant and illegal are not synonymous.
I have always wondered why people are compelled to use childish, asinine user names such as yours.I am certain it isn’t a result of a towering intellect. Jon Benet seems appropriate.
We just moved our business and accounts out of BoA late last fall due to the announcement, then recall, of their service fee changes. If we would not have done so already we would have absolutely closed our accounts with BoA with this recent revelation.
B of A gets a big TARP bailout from Obama. B of A is headquartered in Charlotte NC. Charlotte is hosting the Democrat Convention for Obama’s 2012 re-election. Obama is anti-NRA / anti-gun / anti-2nd Amendment. B of A refuses to do business with gun-related businesses. See, connecting dots is easy. Oh, and HUNGER GAMES is set in Charlotte too.
Hilarious hysteria and hype!
Suddenly the country that spends more than the rest of the world combined on it’s military is facing serious security problems because one gun manufacturer was turned away from a bank for so-called political reasons.
This is the kind of hair-on-fire hyperbole we turn to PJ Media for and they never disappoint.
Equally delicious is the irony of all you conservatives joining the Occupy Wall Street move to ditch the too-big-to-fail banks that helped create the worse economic disaster in a century even if you are doing it for the wrong reason.
You are one wierd person, come out of he basement and into the real world, then you can write with knowledge. Stop your insults.
Thanks Gene! The Dems are so out of touch with reality!! They seem to think that raising the tax on the 1% woulg generate substantial income, when in reality, it would take over 30 years to reach 1 trillion dollars… hell, Obama spends that in 9 months, if not sooner! The Dems seem to think that they can trample upon MY constitutional rights thinking I will not put up a fight… the Dems think they are smart people, I generally see Dems as tatooed, grungy, wanna hand-out from the government type… I really pay attention to politics and social society issues and where are the dumbasses most likely to appear… CNN (Clinton News Network).
You are one wierd person, come out of the basement and into the real world, then you can write with knowledge. Stop your insults.
Typical lefty.
Who said anything about a serious security problem? Nobody but you.
Then you follow up with this: “This is the kind of hair-on-fire hyperbole we turn to PJ Media for and they never disappoint.”
Let me clue you in: Hyperbole ( /haɪˈpɜrbəliː/ hy-pur-bə-lee;[1] Greek: ὑπερβολή, ‘exaggeration’) is the use of exaggeration as a rhetorical device or figure of speech. It may be used to evoke strong feelings or to create a strong impression, but is not meant to be taken literally.
There isn’t anything in the article that was exaggerated or rhetorical. It might invoke strong feelings, but that isn’t the operative qualification for what passes for hyperbole.
Oddly enough, this statement “Suddenly the country that spends more than the rest of the world combined on it’s military is facing serious security problems because one gun manufacturer was turned away from a bank for so-called political reasons.” could qualify as hyperbole. Project much?
Your last sentence is too clueless. Conservatives? Joining the occupy movement? LOL! Hanging out with smelly hippies who are too incoherent to string together a intelligible sentence isn’t something conservatives do. Go back to your hole.
Here’s the high point of the hyperbole (preceded by more):
“Bank of America’s stance — especially if this signals a new policy regarding dealing with all arms manufacturers — could potentially effect the readiness of American soldiers in combat zones and the operational efficiency of some of America’s most highly trained and effective units.”
D’OH!!
Since you’re so into word definitions, look up “clueless twit”.
“Since you’re so into word definitions, look up “clueless twit”.”
You mean the page with your picture?
“Clueless twit” = DEMOCRAT
Consider today’s psychotropics. They’re good for what ails you.
I’m guessing that you’re speaking from experience.
So, do you get high and blog often?
Keep drinking the kool-aid kid. It’s evident that you’ve never heard of Fast and Furious or Operation White Gun, Two Ops ran by the DOJ and ATF to create panic and anti-gun feeling among the ignorant such as yourself. Of course you also don’t know about why ammo has so many new tax’s since Obama came into office that it’s almost too expensive to go shoot anymore. Are you aware of the DOS and Obama’s people agreeing to the United Nations World Wide Gun Ban?
Last but not least perhaps you can explain why Obama said during his campaign that he wanted a National Police Force as big and as strong or stronger than the military. I heard it and so did millions of others.
I broke from BoA years ago when they moved so much of their labor work to India.
Another Goverment owned bank.
+1 to USAA. If veteran or military, they’ve by far got the best services for banking, insurance, finance and just about whatever. NEver talked to one of their reps that I thought was anything but THE most knowledgeable person in their industry. They are big but their customer service doesn’t show it at all.
I have contacted my account representative at Merrel Lynch and asked for clarification of this policy. If it is true I will end my relationship with BOA and its subsidiaries. How sad!
Very silly, it is a good company and is very profitable thanks to the wars and President Obama.
You see big anything are political animals because the rely on the government for survival being too big to fail, so they can do as they please, except on political issues.
USAA has opened requirements some for checking accounts; check to see if you are “acceptable.” There is none better,
Wonder what Ducks Unlimited and the rest of the outdoor and firearm-related affinity partners of BoA will do with their Visa and MasterCard programs after this little nugget?
@Obi-jon: peel off your liberal bandage you fool…this is another attempt to dis-arm Americans, get it? Ahhh, why bother, you’re an idiot.
Aarrgh, they’re coming for my guns. The liberals, the banks, Obama, the FBI, the TSA, the ATF, the NFL, the NBA, and the USA. NNnnoooooooo . . . . .
They want my fully-automatic, modified assault rifle with 30-bullet clip that I use for deer hunting, my fully-automatic Glock 18 with my 100-round drum magazine that I use for, um, aah, for . . . yeah, for target practice.
Damn you restrictive gun laws!!!
Yeh,another POS Obomunist idiot heard from.
You do realize that your weird anti-gun views are in an extreme minority, right? Not only do 75% believe in the individual right of the 2nd Amendment, 68% also love the NRA!
It’s a good thing that blogging while drunk on kool-aid isn’t illegal.
Come down to Reno and mouth off about the NRA heroes to my face, bitch.
He’s an internet troll. He really doesn’t have the testicles to say anything to anyone’s face that he posts here.
Ooohh, Ken and AJG, scary, scary dudes!! I’m shaking so hard I . . . I . . can . . . barely . . . type . .
No, it is NOT a clip, it si called a magazine. Only the M1 Garand and the S&W .45 ACP revolver use a clip. Typical anti-gun idiot. RED
Ooh, daveinwyo, really impressive. Spoken like a typical gun idiot.
You must have a REALLY big, er, MAGAZINE. Yeah, must be something to see.
(Or a really SMALL one and this is how you compensate . . . LOOOSER.)
Someone who knows what he is talking about is an idiot?
If hand guns were to make up for perceived male sexual inadequacy, there would be no market for revolvers with two inch barrels.
That’s why there are more than 800 active FEMA camps within your borders right now, ready and able to process thousands of people a week.
obi yes they are coming to take away are guns it’s guns today you let them take one right away soon it will another maybe the first Amendment the hammer and the scythe are chipping away it won’t take long before all our/your rights are gone you can for get about your sunday morning christian church service not paranoid just realest just watch the news or read nutbama removed the AMERICAN FLAG FROM THE tail of AIR FORCE 1 and put his face on it at the expense of our tax dollars and you can add on the fuel cost for his campaing nutbama has logged more air miles for personal use than any other ADMIN
You realize, Obi, that by exposing total ignorance of a subject while dealing in total hyperbole you negate an effect your Trolling might otherwise have. If you want to Troll you need to use facts spun in a fashion useful to your point. Doing it this way you cease to be a Troll and become an object of humor. Derisive humor. So did you really set out to fail like this? Most lefties don’t…and yet they always manage to…
Obi Jon. I happen to be a cannibal. I have never been caught. I am working with the owners of this forum to track you down. I intend to kill and eat your entire family. Your children, if you have any, your wife, you, your parents, your cousins, uncles and aunts, all will be devoured by me. My teeth long to strip the flesh from your bones. I intend to tenderize you with a soy and Worcestershire sauce marinade, adding a little dried mustard to flavor. I’m thinking your children will be tender enough to grill outdoors, for a typical down-home barbeque.
No, seriously. I am going to kill and eat your family.
Obi-jonKenobi .The irony of a rancid-brained libtard coming to the defense of a bank is as amusing as it is surreal.BTW:While you were attempting amateur parody, about gun seizures,the spyrochetes seized your brain! Try some penicillin you syphillitic cretin-and oh yes,leave the infected sheep alone!
Why would anyone recommend Wells Fargo? Wells Fargo/Wachovia was found guilty of laundering 3 billion dollars in drug cartel money. They paid a minuscule penalty…just the cost of doing business in America. When the stock dipped on the news, Warren Buffet just bought more shares.
I’d go with a local credit union or S&L. Stay away from the corporate megabanks.
Let the boycott begin.
I’m moving my accounts and cutting up my cards today.
My wife had a Bank of America account from before we met. I made her close it before we got married. I almost wish I didn’t then so I can call today and close it and tell them exactly why.
It’s OK; I’m sure thousands of others will!
I stopped doing business with this shamelessly anti-American bank when they started giving mortgages to non-citizens (or anyone else) without a social security card.
I wonder how much that affected the crash in 2008?
I read this first on one of the firearms-related forums yesterday. I’ve been a BofA customer for forty years. This is it. It will take some time because I have so many electronic transactions funneled through my BofA accounts but I have started today to move them. Bye Bye Bank of America.
No big deal! I’ve refused to do business with B of A for 40 years; everyone else should do the same!!!
Boy, talk about shooting yourself in the foot! Ha-ha-ha-ha!
Watch out who you transfer to. I’ve had trouble with Chase (Somebody hacked a credit card I’d never used. Twice!) AmSouth/Regions (stunning drop in service quality after the merger) and Capital One (Car loan got paid off. They wouldn’t send the title).
These days I’m with the credit union at work. They’re not so hot on technology, but they call me by name and don’t give me any shit.
Charlie
Bob,
I’ve got brother in laws that belong to the NRA, but because I’ve never owned a gun because of a delicate family situation, I never joined.
Well, now I’m joining and am going to become an ex B of A banker (been with them for 12 years.
Thanks for the report.
Bob Tedoldi
PS: Any second amendment friendly banks to recommend?
This is enough to make me consider moving my BOA accounts despite the bother of changing automatic deposits and all. Any comments on Chase Bank? My wife and I got credit cards from them when they offered to pay us to accept the cards and use them once. I have had occasion to call them, as has my wife, and we both got excellent service on the phone from people who at least sounded like they were in the USA. They have a bank near us. Any information on their political positions? Thanks.
They were the first to cater to illegal aliens too if I remember right…
I won’t bank wth them that’s for darn sure!
I strongly urge people to look into local credit unions. They are usually small community based with an old school feel with a high tech touch, have the most personal service and lowest borrowing rates. Oh yes, nothing to do with unions.
Second vote for BB&T.
Interesting article. I understand the the roman catholic church is the big shareholder in BoA. I quit using Google 4 years ago because they would not accept advertising from custom knifemakers. We use BMO suggested above. it is basically owned by the bronfman family, who have pretty well all moved to the USA.
There is a big campaign from the Left to frighten corporations to divest of any activity that helps what the Left considers to be Conservatism. It is led by communists like Van Jones with help from the DNC. Attacks on advertisers for talk radio was just the beginning–then it was attacks on companies supporting ALEC which works to ensure voter law integrity.
Adchoices is rotation a Bank of America ad just below where you can select to go to page 2 of the article!
I recommend USAA, Pentagon Federal Credit Union, and my local credit union.
And I recommend Mozilla Firefox with NoScript and AdBlockPlus to deal with AdChoices.
ATT/Yahoo is my ISP, and AdChoices rules their home page. Beore I began using Mozilla to access my Yahoo account, I couldn’t read email because the AdChoices server would seize control of the page, and freeze it until it had loaded its ads. The only way to get it to stop? Click on the ad and “agree” to do business with the advertiser.
Complaints to Yahoo were answered with “you need to upgrade your system”. Which is Yahoo’s default answer to any conflict with their advertising software.
ABP solved the problem nicely. And it’s free.
cheers
eon
Major dittos for Firefox with NoScripts. Hassle-free browsing, though you sometimes have to turn most of it off, say to use SearchTempest, the Craigslist search engine that shows more than one place when you do a search.
Since installing it, my ATT/yahoo-based mail is free of the meg-a-nnoying ads that eon mentions above. Plus, no pop-ups when I go to other websites and just want to read the articles, not watch a stupid Jack-In-The-Box commercial. And Yahoo is deeply in the tank for all things national-socialist. I take great pleasure in truncating their automatic news-feed and ads.
As I’ve said before, I’m all for capitalism but advertising has tried and succeeded in getting into every nook and cranny of our visual universe. It’s gone beyond decent and good-sense and just now serves to annoy.
Bank of America think’s it’s better than a gun company? When did a gun company ever use it’s Washington connections to put several trillion dollars for their own stupidity and malfeasance upon the American taxpayer?
TBTF Bankers: Scum worse than ambulance chasing lawyers.
I dropped Bank of America for political reasons. I went in to my local branch to close my account last fall. You know, they really don’t like to lose customers. So I was given a private audience with the branch manager. I told her I was closing my account because BofA advertises on CNN (a station I NEVER watch, but for pausing momentarily as I was channel-surfing — and lo and behold, there I saw the commercial for Bank of America). I happen to hold a firmly and deeply held belief that CNN and their like are mere megaphones for liberalism, that it scorns conservative opinion and HATES all things that are Christian (excepting, of course, for that bland, heretical, liberal Christianity that is the friend of all things socialist and Communist and an enemy to CHRIST and HIS CHURCH).
Yes, I’m in a foul temper.
So, in my interview with the branch manager, I told the very civil and warmly gracious woman why I was withdrawing my funds and closing my account. And get this: she agreed with me about the liberal menace under which our nation struggles to survive as a family-friendly and capitalist society. More than that she could not say.
She was genuinely in my corner; that was seven months ago. I have no idea if she remains employed by a company that is seditious and antigonistic to our Founding.
Actually this is a common banking practice. There is something called “Social Responsible Lending” It asks that banks and finance companies not invest or lend to gun manufacturers, defense contractors, pornographers, other “undesirable” type industries. I worked at a bank and they asked me to pull a database of all loans given to these industries. B of A is not alone.
I own a firearms accessories manufacturing company (we manufacture .50 BMG bolt action upper receivers for AR-15s). Finding banking and web services that will work with us is a major pain in the neck. I applied to PayPal for credit card processing services. They summarily froze my personal PayPal account (freezing assets) and my wife’s. They claimed that even applying for the service violated their Terms of Service. They eventually released the funds but my wife and I are still banned from PayPal. I was allowed to appeal. In all seriousness, the appeals process was someone putting me on hold for 30 seconds and then replying that my appeal was rejected.
I just looked at USAA’s website, which seemed like a good, patriotic option to switch to from BA. However, I see that some of their products are available to the public even if not military or family of military members….but those that are not include insurance. In the advice to those who cannot get insurance from USAA due to these requirements, they say the following:
“All other individuals not eligible for USAA auto insurance may be able to obtain an auto policy through Progressive Insurance by calling xxxxx.”
I redacted the phone number because I wouldn’t want to even slightly advertise Progressive here. For those who do not know, the company, as its name might imply to those who know, is owned and run by a far-left “progressive” who donates big bucks to Obama & Co and other leftwing political groups. SO….if USAA is endorsing their services (and thus helping to build profits that can be turned into such donations by the founder/owner) they are hardly a lifeboat in the BA storm.
Better stick to local banks and, as we learned in the Limbaugh sponsor fiasco, do some checking on their ownership/leadership’s political affiliations FIRST, too.
I had an issue with this when seeking boat insurance. I have USAA for both of my cars and when they told me they provide boat insurance through Progressive, I balked.
I still don’t like it but many big insurance companies are dropping their “peripheral” services because they want to save their customers money. If they did boat insurance, the car insurance rates would go up. Additionally, they will only allow Progressive to provide boat policies that adhere to USAA guidelines. So, it’s all business first, political bent second. But I agree about Progressive sending mucho dinero to non-capitalist causes. Hate it.
While I never would bank at BofA because of their interactions with illegal aliens, I can at least do one thing.
As of today, I placed a sign in my store that I no longer accept BofA credit/debit cards. I also stated the reason. If they have an issue with this, contact BofA.
I’m sure I’ll have no issues since I own a firearm store…
I assume if their bank is robbed one day, they want the police to arrive without guns, correct? They wouldn’t want to offend this bank, would they? Or if this man’s home is broke into, the police should arrive without weapons, correct?
BofA is run by a bunch of asses. Hey, is that what B of A means?
Amazing read! I remember back in 2002 during the pre-invasion of Iraq time, watching shows on FauxNews … there was Cavuto, trashing France, whilst chatting with a woman guest who just happened (cough) to be with a travel agency advising viewers not to visit France (i always wondered why Fox didn’t attack Germany also), that was the time when people were dumping bottles of French wine in the gutter, somewhere, I think in S.Carolina.
You all really are just batsh$t out of your minds.
Hang on to that thought, Ollie.
And, wow, you sure convinced me, bud.
Such eloquence. Who could possibly refute such a well reasoned and learned position as yours.
And you’re a frickin’ anti-conservative bigot, O-Lee Oss-Hole. You’ve contributed exactly nothing to this conversation, except for three incomprehensible, illiterate sentences that convey no intelligence or information whatsoever, other than that you hate conservatives. Next time, please keep your mental wanking-off to yourself.
Well then, friend, why don’t you toddle back to the Daily Cos since there are sooo many of us crazies here? And take Obi-wank with you.
My comments are peripheral to the main discussion. However, I’ve lived as a permanent resident or a part time resident of five countries, and I’ve had banking relationships with various banks or similar institutions for 50 years or more. Over this broad range of experience the one bank that absolutely stands out in terms of convenience and quality of service is First Interstate Bank of Whitefish, Montana. (First Interstate Bank has neither reviewed nor approved this… etc, etc, …whatever they say). The bigger the bank, the worse the service. Go local if you can.
I don’t get it. My Bass Pro Shop card is BoA. Don’t they know what Bass Pro sells?
This is a stupid business decision. One of the few lines of business that has seen extensive growth during the Obama administration are gun and ammunition manufacturers.
I wonder if someone from the D party is trying to do a little bit of economic coercion.
All I can say is that after many years with BoA, I will now say “Buh Bye”. Any Constitutionally unfriendly business is no friend of mine.
I’ve been with BOA for a long time, as they also had a contract to manage government credit cards. But as a retired vet, I’m going to dump BOA and search for greener pastures.
If i had an account with bank of america, i would close it immediately!!
BOA is essentially nationalized, so it would be surprising if it wasn’t acting in lockstep with its master.
BB&T was long-run by John Allison, an Objectivist. I wanted to get an account with them, but the patriot act (or some sort of master decree, here or there) forbids us from opening accounts w/o physically showing up w/ IDs. So, it waits for me to visit one of the southeast states that host them.
Bank of Amefrica has done McMillan a favor! The Bank of America aka Bank of Italy aka Bank of Mexico and particpant
in the New World Order is one of the most corrupt Banking Organizations in the World. They have been involved with
Hedge Fund Manipulation and also corrupt currancy manipulation with the likes of George Soros and Marxist enemies
of the United States. I cancelled my account with the BOA many years ago. THe BOA would sell the American Manufacture
of Firearms down the river for a $1 in profit and to suck up to the Marxist occupant in the White House!
This amounts to treason concerning our troops and military in general by inhibiting the manufacture of weapons that our troops need.
I like what I’m reading here except for Obi Wonton Kemosabi.
I’ve started to eliminate doing business with some of the boycotters of Rush Limbaugh (a couple I’m stuck with as a sole source provider until I can find additional sources).
However, due to Al Gore’s great invention, the internet, I can send out copies of this article, thru friends, to many veterans groups across the country, and then have their members further it along on their email lists. This ripple effect can be tremendously successful. I also send it to colleagues in the journalism business or who have their own national websites.
This is how you strike back, with a boycott where possible, and offering information on viable alternatives to replace the offending business.
Payback’s a bitch: I have an old T-shirt that says:
“Yeah tho I walk thru the valley of death, I will fear no evil for I am the meanest bitch in the valley”.
Money talks, bullshit walks. Let’s do some real talking, friends, to friends, and get this boycott of BOA rolling like thunder across the U.S.
Bob:
I’ve been a huge critic of BofA for a while. This article serves as further confirmation that not only will they not receive my business, but I’ll continue to try and persuade friends/peers that still bank with them to bail on them as well.
That said…dude!? Did you voice-dictate this and/or not proof-read before posting? I’m no English teacher, but geesh! This reads like one of those spam emails from Nigeria, bro.
Man, I think I won’t even pay my bill over this.
I’ve been banking with BOA and its predecessors since 1975.
It’s been really convenient for me, too, since they have branches not only where I live, but also where I work (which is 2 state lines away), and in all the far-off parts of the county that I frequently visit. So dropping them will be quite inconvenient for me.
But none of that matters any more. Not in light of BOA’s apparent caving-in to leftist political pressure from the feds. Because assuming that’s what happened here (and I can’t imagine any other explanation), this is just the dictionary definition of state capitalism — i.e., fascism.
And I refuse to contribute to fascism. So next week, it will be “bye-bye BOA,” regardless of the inconvenience to myself. I’ll be sure to tell them why, too.
I encourage you ALL to do the same. Make BOA feel the pain that flows from its asinine decision to kow-tow to King Obama I.
It is not so much Obummer as the real person who is pulling the strings, it is the most ungrateful of Immigrants, George Soros. Those two are out to destroy our Country.
Now I have another reason to take all my accounts out of Bank of America! They have been fooling around with my mortgage principal for almost two years now and I’ve had to contact the CEO/President three times, not to mention getting in touch with the department of banking and insurance!
Fortunately, I have recently refinanced my house with another bank just so I wouldn’t have that mortgage with them anymore; now that that’s done I can move the rest of my accounts out.
The information about the gun manufacturer, the second amendment and that they strongly support Obama is just more impetus to close all my accounts sooner! They are a nightmare.
http://www.ritholtz.com/blog/2012/04/your-b-of-a-com/
LOL. Stupid BofA, EVERYONE hates you.
My question is: why was McMillen with them in the first place? I severed all ties between all my businesses and BofA some ten years ago when it became obvious what they were. Another even more important thought:there’s little doubt the command came down from Obama and not totally that of BofA. It is common knowledge when Obama says jump, BofA says “how high”? Wonder what will happen to companies such as BofA and General Electric when Romney takes over? I, for one, would not want to own any stock in them.
b
Want a 2nd Amendment friendly bank (or – at the very least – agnostic)? How about Navy Federal Credit Union.
try usaa in san antonio texas if you are military, x military, son of or daughter of or ex wife of etc etc. They are great. Have used them 50 years You can’t beat them for checking accounts, home equity loans, car and home insurance, i am sure their other areas are just as good
Bank of Unamerica.
Bank of Obama!
For our children and their future, PLEASE, someone get this guy out of office, PLEASE. I don’t care how, just get him OUT!
Add me to the ranks of USAA supporters. I’ve had my car and homeowners insurance with them 30+ years and have been doing my banking with them exclusively for about 3 years after BofA finally wore out my patience with bullshit charges and cock-ups. USAA is hands-down the best financial services organization out there. The only downside to doing all my banking with them is that on the rare occasion I need to deposit cash in my account, I can’t as they don’t have branch banking. BUT that can easily fixed by opening a local credit union account and linking them.
I cancelled my B of A Visa Card with them long time ago when they opened a Branch Office in Hanoi, I so informed the 4 VP’s who called to inquire why I had cancelled my Card. I think we need to make a concentrated effort to inform all of our friends, associates and Organizations ( American Legion, VFW, DAV) and have them pull their Accounts as well. If they want to get political, guess what, we are Consumers and we know how to fight back.
BofA does not need their business. They make plenty of money laundering drug money for illegal immigrants and drug lords. In this instance I am sure they are under orders from the commies in the white house.
No decent citizen should do business with BofA.
I don’t have any realistic expectation that anything can be done regarding BofA due to their being part of the Rothschild criminal organization.
Rothschild banking cartel
http://www.truthandlife.us/The_Rothschild_Cartel.html
Ref USAA: Great Company – No Military Affiliation required for Banking Services! Give em a call 1-800-531-8111
USAA is by far the best. Great rates, convenient online services, and when you need somebody their customer service is the best of any company, anywhere. Stay with local banks or credit unions for anything else you need. I recommend them all the time.
There are planty of others banks with which to do business. “Too bog to fail?” Maybe not! Hopefully under a new administration this one will be allowed to just go away.
I’ve been with BOA (or their locally owned predecessors) since 1974 and I’ve never had a bad experience. So I’m not going to knock BOA simply for political reasons. They’ve treated me just fine and I’m happy with their service in return. Of course, it helps my position that I’m a liberal and totally in the tank for Obama’s re-election. LOL
That aside and after reading as much as I can find on this subject, I’m left to wonder whether or not BOA has been given a heads up concerning McMillan ~ something we don’t know about yet ~ perhaps a scandal of some kind, or perhaps a fraud involving their defense contract, or maybe more likely, violating the embargo on Iran.
I know that banks are in business to make money ~ not toss it out the door ~ ideology be damned. There must be more to their decision regarding McMillan than what appears on the surface.
Are you kidding me? Tell you what, you keep voting for a socialist nation and when it infringes on something YOU actually care about, such as your freedom, then maybe you will be smart enought to see how stupid you were. Oh, it will be too late by then, nevermind.
First they came for the communists,
and I didn’t speak out because I wasn’t a communist.
Then they came for the trade unionists,
and I didn’t speak out because I wasn’t a trade unionist.
Then they came for the Jews,
and I didn’t speak out because I wasn’t a Jew.
Then they came for me
and there was no one left to speak out for me.
There’s one problem with trying to go the local bank route. What’s to stop BOA or any other megabank from snapping up the little guys? I used to do business with a localy-owned bank in my hometown which got bought up by National Bank of Detroit. Remember them? NBD got absorbed into Bank One and ultimately into Chase. Then, I started doing business with National City, only to see them absorbed into PNC Bank.
My point is, how long before all the banks are rolled into one?
That’s a valid concern. When we moved to Florida in 1995 we opened an account with Barnett Bank. It was the state’s largest, but was also conservatively managed and had a rock-solid balance sheet. Then NationsBank bought them out in 1997, followed by the NB-BOA merger a few years later.
The solution to your dilemma is to go with a local credit union, which no bank can touch. That’s what we did three years ago, and we couldn’t be happier.
Whether you prefer a credit union or local bank, this site can help you find one that’s right for you.
BoA has been a horrible business to deal with for at least the last decade. Their feesare higher ad more obnoxiously positioned than any otherbank around. I dropped them hard after my 3rd fake overcharge that ran into the hundreds during college.
I don’t use their ATMs, I don’t use their products, I will never bank with them or support them in any way, this just deals it that much tighter.
I have had an accoutrements with them in two businesses for 22yrs. I will be closing both next week. They want to screw in politics so will I. The country is dividing like I or not.
This is nothing new – in about 2000/2001 there were stories about Citibank doing the same, then after it hit the web news sites (WND) they corrected their “lower level” manager’s decisions, indicating there wasn’t a bank policy against the firearms industry. At the same time, i was denied a bank deposit acct (not a loan, but an actual deposit acct) by a local small 3 branch bank, openly denied, in a letter, “because of the nature of my business”.
they’re not doing the Immaculated One’s bidding – this is their common goal they share with the Immaculated One.
I would not doubt that, one condition to receiving those funds, was that they divest of all transactions with those who manufacture firearms. Just would not put it past this Administration, knowing their feeling about the 2nd. amendment.
Bank Of America, along with Citigroup, are insolvent pieces of crap.
Get your money as far away from them as you can while there is still time.
I understand that within the past year or so, an association of credit unions has decided to honor each others’ accounts, so that even though you’re travelling, you still have access to your credit union account (not an employee, just looking into banking alternatives lately).
Every red Blooded American Patriot should cancel all existing accounts with boa as soon as possible , the fact that they are an ”obama controlled ” bank should be enough to send most of us looking for another bank, one more friendly to Americans , American Business’s and Banks that are more interested in our military’s well being than their political position, the communist / socialist democrat party is pulling out all the stops, they know this is their last chance, if obama gets reelected the country, our republic as we know it, will cease to exist, we must wake up our sleeping neighbors , the life of our republic depends on it !!!
I have no love for B of A, but the people that work at the branch that I bank at are really nice people. They have always been helpful and pleasant.
Ihave No problem remembering Mussolini; he made the trains run on time.
AD
After seeing these news stories, I’ve finally decided to cut my last ties with BoA, cancelling my credit card. I’m replacing it with a card from a credit union. No doubt this will do little to damage BoA since I never carry a balance, but at least I’ll be helping to support a CU instead.
“We reserve the right to refuse service to anyone” is an axiom of Conservatism, and there’s always another bank down the street.
BUT, replace ‘gun company’ with ‘homosexual’, or ‘Muslim’ and you can see clearly where this refuse service concept breaks down – except when it pertains to violations of public safety or banking regulations.
Plessy v. Ferguson was long ago struck down. The Civil Rights Act was made law in 1964. These dealt specifically with race, creed, and ethnicity, etc., but that concept of equal access and treatment has been interwoven in the fabric of precedence for several generations.
It seems to me it’s Liberals who seek first to launch into spittle flecked tirades over discrimination and demand a government solution, so it seems odd for a BIG BANKER type who’s cozy with Liberals to speak candidly about discrimination against a particular customer at a public business.
What do banking regulations have to say about refusing service, outside of the obvious violations of public safety or sound banking principles?
For anyone still straddling the fence regarding the evil BOA, recall that this was the bank that tried to foreclose on a home on which it had never had a mortgage. Then they arrogantly ignored a summary judgment against them — until the sheriff came to cart off their cash, furniture, etc.
*sigh* It’s going to take us a while to divorce BOA, as we have a mortgage & a credit line with them. Thankfully house will be paid off in less than 5 years. Meantime, may look into expanding our relationship with Schwab (a fine company IMO).
Time to take “America” out of “Bank of America”
BoA needs to change its name to Bloodsuckers of America. It makes most of its money in fees rather than banking. My nephew who has a mortgage with BoA went to them to try to re-negotiate his current loan. The whole market is full of 3.25% money yet when he tried to rid himself of a 5.7% mortgage he was denied. Here was their logic, he could afford the 5.7% mortgage. In order to qualify for the new loan, my nephew offered the equity in his home an asset; however, according to BoA the equity in your home is not an asset but it is a liability. Therefore is was disqualified on that basis. Using this logic, if you own some property outright and want to use it as an asset for a loan, you are immediately disqualified. In order to use your property as an asset you have to sell it first. If you do that, you have cash and don’t need the bank in the first place. Now you would qualify. BoA is in effect not loaning money. If you want to know why our economy is in the tank just look at this banking structure. Banks are supposed to create money by loaning it. BoA suppresses the creation of money. Remember when BoA got its bailout from Obama, instead of using that money to help its customers who were losing their homes, they used that money to buy other banks.
USAA San Antonio.
Just received a check from USAA for an insurance claim.
Guess what bank it was drawn on.
Bank of America!
Considering what USAA is, and that it is a member owned operation and ALL members are active duty, retired, or dependents of the US Armed Forces, (Me being one of them), I intend to write Gen. Robles and ask him WTF.
Hmmmm. My “Alaska USA” debit card says “Visa Check Card”. Alaska USA is supposed to be a credit union.
?
My youngest son recently closed all of his accounts at BOA and no one even bothered to ask him why. It was not “chump change” theat he withdrew – but it sure looks like he made a wise decision.
Time to drop Bank of America patriots. Two can play this dirty game and it’s time we rolled up our sleeves and put on the boxing gloves and let them feel our punch. Stop turning the other cheek so they can hit that one too and for every blow we get, let’s deliver two.
I’ve heard of politicians having banks call in the notes of enemies. What is the next move to counter this? This is nixon coming back to life.
About a decade ago, Bank of India dumped their American computer wranglers.
When I find people who have accounts with them, I take every opportunity to ridicule the outfit.
I left BofA many years ago and so glad I did, it sucks, and even more so now. I wouldn’t do business with them if they were the only bank on earth. They are nothing short of detestable!
isn’t their stock in the toilet right now?
i had a free internet checking account with b o a until obama’s new consumer protection laws went into place…they paid no interest to use my money, but decided that they wanted $12 a month to keep the account open. i closed it and went with another bank that gave me $100 to sign up…i also used one of their credit cards to pay most of my bills online; they cancelled that service as well. they suck, but i do still have a balance transfer at 6% that i will take my time paying off…i’m always searching for a bank that will give me something for my money, since right now it isn’t interest.
This current Bad/Ass banking joint was inheirited when the branch banking fury took over in the late seventies and early eighties. If old man Gianini could see what they’ve done to his bank he would come back down from heaven and set things straight.
The mortgage, credit card and service charge rip offs are fairly widely known now, but last month we uncovered a new one. Dear wife made a purchase at a nationwide chain store local outlet and paid by check. Vendor presented the check electronically, which the bank promptly paid. Two weeks later the bank statement arrived, showing the electronic payment, and also a regular deduction for the same physical check. Good wife marched herself off to the bank branch with the evidence in hand. I could not believe the reception she received. Bank customer service dummy told her, “Don’t look at us, it’s between you and the vendor.” Now good wife has been married for nearly forty years to a really good banker, me, and a few things have rubbed off.
Calmly and patiently she explained the the cuss/svc dummy, “Not really, it’s now between you and the State Banking Commission, the Comptroller of the Currency, and the FBI. Now, while I am here I will take a Cashiers Check for the Balance of my account after you credit back that double charge, plus interest and without any kind of fees or charges.”
Copies of the evidence have been sent ‘up the line’ to the appropriate State and Feds offices, and emergency stop orders to all related parties with automatic direct deposits and online debits.
The only thing left to do is feed all those unused checks and deposit slips into the paper shredder. We have both been wise enough to maintain more than one account, and use more than one institution. Speaking of institutions, it’s clearly the inmates running this one.
I suppose its part of our freedoms that some lousy large bank bailed out by tax payer money can now pick and chose its business based on political motivations. However, we the people can also do the same and I, for one, am doing so. I’ve destroyed my B of A credit card and sent the remains to the firm with a note confirming the closure of my account because they chose to do the same with McMillian. In addition on Monday I will notify my financial adviser to remove any investments in B of A and never take up any more in the future. We the People can speak very loudly when we join forces and I hope many more will join us in this cause.
I have hated BOA for years. Tore up a card and sent it back years ago telling them to give it to one of their favored illegal customers. To my chagin a recent morgage was sold to them. I detest having to do business with them. So, I am refinanceing to get the mortgage into different hands.
This is another method for the Obama administration to restrict gun ownership or prevent the unihibited manufacture of amunition for presently owned guns
BoA is also the bank that was giving illegal immigrants credit cards a few years back!!!
ANYONE who STILL banks with BoA deserves what they get in the END! This is the MOST crooked, illegal, and everything else APPALLING in life on earth that TAKES ADVANTAGE OF EACH AND EVERY ONE OF YOU WHO BANKS WITH THEM. They are connected to Soro’s and HIS KIND. They are a FOREIGN entity. BoA IS NOT AMERICAN AND SHOULD BE CLOSED AND EXPELLED FROM AMERICA.
Bank of America is a nest of lying sacks. I have ZERO money in banks. Cash and my gun is the only bank I need (at the moment). Put cash on a debit card, pay a bill, take the debit card to $1.00. That’s the drill. Screw the banking industry, the health insurance industry, the real estate industry, unions, no good rotten government workers, … wait a second, the entire country is become scum. I’m out of here. When did this all start? Try the Kennedy-Johnson war.
I am closing my Bass Pro BofA credit card and letting Bass Pro know why. I did the same with WalMart and their GE Credit credit card. I always write the main office of the company and tell them why I am doing this and reminding them that I do not need their company but they need me and people like me to buy from them.
POSTED Sunday, on the BofA FB Pg~”We want to let you know that we hear your comments & 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. BofA 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.” ~ Their POOR attempt at at damage control… There are 450+ comments of customers objecting & PULLING their accounts… I invite you all to ADD YOURS!!!
The original Facebook post didn’t pass the smell test, so I sent email to the Bank of America contact address. I received the same response as on their Facebook page, prefaced with “Thank you for providing the additional links and glad you brought this to our attention.” I suspect that McMillan became a disgruntled customer and decided to cause problems for the bank by posting a bogus story on his Facebook page. It’s interesting that only a very few people are questioning McMillan’s story.
http://www.snopes.com/politics/guns/bankofamerica.asp
Politcial correctness will kill us all. Adolph Hitler and Joseph Stalin were the two top gun control activists of the 20th Century!
Being a gun rights leader and a BofA customer, this story concerned me. So I wrote to BofA and included the story link. Here is their reply.
“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 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.
“In reviewing the facts of the case, we do believe there was a miscommunication with this client, and we have already reinforced our policies with our teams and with the client. We have also discussed with the client a transition period during which the client may be able to obtain a new source of funding.”
If this is all true, B of A needs to change their name. They are not about America at all! They should change it to The Bank That Has It’s Head Up Obama’s Socialist @$$.
I’m glad you got that info Guy Smith. That’s why I said “if.” And I hope that since they said it’s not true, that it is not.
Ooops! Didn’t mean to not post my name on that above one. Sorry. Not Anonymous! Sherry
If Bank of America was anti-gun, why would they be involved with a 250 million dollar loan to the Freedom Group a few weeks ago?
>>>>>>>Freedom Group, Inc. Completes Notes Offering, Credit Facility and Tender Offer
Date: 04/19/12
Cahill represented BofA Merrill Lynch, Deutsche Bank Securities and RBC Capital Markets as joint book-running managers, Barclays as lead manager and Baird and SunTrust Robinson Humphrey as co-manager in the Rule 144A/Reg S offering of $250,000,000 7.875% Senior Secured Notes due 2020 by FGI Operating Company, LLC and FGI Finance Inc., subsidiaries of Freedom Group, Inc. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes. Cahill also represented BofA Merrill Lynch, Deutsche Bank Securities and RBC Capital Markets as joint dealer manager in connection with the concurrent tender offer for any and all of FGI Holding’s 11.25%/11.75% Senior Pay In Kind Notes due 2015.
Cahill represented Bank of America, N.A., Deutsche Bank Securities, Inc. and RBC Capital Markets as lead arrangers in connection with a $330,000,000 Term B loan and $150,000,000 ABL for FGI Operating Company, LLC. Proceeds from the offering will also be used to refinance existing indebtedness and for general corporate purposes. >>>>>>>
It’s looks like the poster about me killed that theory.
-Matt
Wonder if BofA would have acted any different if McMillan was a large DOD contractor?
They are funded and backed by Obama that is why they are doing what.They are helping him push his agenda….
how can we find out what businesses support B of A so that we can stop supporting them? I am sick of everything the Obama company has done and is doing! I WANT MY COUNTRY BACK!!!!