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  #1  
Old 04-23-2012, 08:50 PM
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Default BANK of America

Bank of America Refusing Businesses that Support the 2nd Amendment
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Old 04-23-2012, 08:58 PM
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I'm going to wait a few days and see if this is true as reported. If it is, I will no longer do business with them. E-Bay is another California company that is not gun friendly and it has cost them millions. I wish they had some serious competition.
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Old 04-23-2012, 09:10 PM
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And BoA is denying the whole thing on thier Facebook page.

I've had Capital One deny charges from MidwayUSA and other gun related sales.

Kinda tired of having to read politics into every aspect of my life. From Bank of America to Wal Mart. It never ends.
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Old 04-23-2012, 09:53 PM
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I quit them a few years ago. Service was terrible.
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Old 04-23-2012, 11:49 PM
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According to B of A there is a person by that name working for them but he is not authorized to make decisions of that sort. Either that or the stockmaker is POed or something. Something ain't right with this and I'm not going to cancel anything until I get more info.
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Old 04-24-2012, 12:20 AM
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There is a four page thread on another forum going on about this post. Kelly McMillan felt compelled to join the forum and chime in on it. Over the past couple years I have seen similar story's about firearm related company's getting the boot from BofA.
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Old 04-24-2012, 12:28 AM
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i transfered everything OUT of bank of america last year. its customer service is completely nonexistent.
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Old 04-24-2012, 01:07 AM
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Don't worry, dumped them awhile back, had nothing to do with the 2nd amendment. One mismanaged nightmare.
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Old 04-24-2012, 01:35 AM
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I'm going to have to check this out. I have a 2nd amendment card through them. I 've had the card about 15 or more years.
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Old 04-24-2012, 02:09 PM
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I moved from B of A years ago for many reasons, so this is will not affect any business decisions I would make. I believe that Charlie has the correct take on this, let's wait and see if this is correct. Sadly not everything we read on the Internet is totally correct.
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Old 04-24-2012, 03:40 PM
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Default It is true.....

I listened to Kelly McMillan on a radio interview this morning.
He said BOA gave him 6 months to move his business.
They said they don't want to do business with firearms companies.
When McMillan asked if this was politically motivated, his answer was "yes."
I dumped Bank Of America years ago when they started giving credit cards to illegal aliens.
Now I am going to refuse BOA issued cards at my business...after all, I am in a firearms related industry.

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Old 04-24-2012, 03:56 PM
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Quote:
Originally Posted by mkk41 View Post
I've had Capital One deny charges from MidwayUSA and other gun related sales.

Kinda tired of having to read politics into every aspect of my life. From Bank of America to Wal Mart. It never ends.
I had the same thing happen to me... execpt i was at my LGS and my card got declined, call CapOne and my account had enough money, talkd to customer service and they said that "in order to pay at that PARTICULAR store I would need to withdraw cash". Now they never said that gun shop the said that "particular store". It pissd me off enough after i got the gun that I shot my Debit card to pieces ( after i closed my account.) Just doesnt seem right people can tell you what to do with your money.
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Old 04-24-2012, 04:02 PM
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Quote:
Originally Posted by Stu1205 View Post
I listened to Kelly McMillan on a radio interview this morning.
He said BOA gave him 6 months to move his business.
They said they don't want to do business with firearms companies.
When McMillan asked if this was politically motivated, his answer was "yes."I dumped Bank Of America years ago when they started giving credit cards to illegal aliens.
Now I am going to refuse BOA issued cards at my business...after all, I am in a firearms related industry.

Stu
Are you serious? That's weird...

EDIT:

... it's not weird, it's crazy!
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Old 04-24-2012, 04:06 PM
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I dumped Capital One a few years back, but it had nothing to do with guns. I just don't like idiots playing with my money.
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Old 04-24-2012, 04:10 PM
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i just started a transfer of about $30k in savings from my BOA account into my credit union. :-) tomorrow im going to go in and tell them to shove it :-) As a glock armorer. i AM a firearms related business.
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Old 04-24-2012, 04:10 PM
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Quote:
Originally Posted by matmat417 View Post
...Just doesnt seem right people can tell you what to do with your money.
Let them try!
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  #17  
Old 04-24-2012, 04:37 PM
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My brother-in-law was a "big shot" and I mean a real big shot for BoA and retired three years ago. He told me he would be very surprised if this was true since BoA has a $250 million dollar deal with Freedom Group Inc. which is one of the biggest manufactures of firearms and ammo. He also told me that there are business differences between BoA and McMillian going on now, and BoA cannot comment in the media like McMillian can. My brother-in-law is a gun nut and a life member of the NRA, and said wait for the rest of the story. He will make a call to a person in BoA who will tell him the real deal, and then he will me. I will try and post his response to this forum when I get the information. I am NOT a BoA customer, but I know they were in the news not too long ago for some new customer changes that charge you for some services. If I recall, they backed down and never made those changes...........
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Old 04-24-2012, 05:51 PM
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B of A is small fries, IF this is true. The NRA has a list of anti-2nd A companies about a 100+ long. I'm sure I've done business with some of them before, and probably still do. I need food, water and my garbage hauled away.
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Old 04-24-2012, 09:33 PM
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I have no love for BoA. In fact I filed a complaint against them with the Comptroller of the Currency (the ruling authority for National Banks, credit cards, etc). Lost in the shuffle but partial satisfaction. I still use BoA because there are so many ATMs available. I know the local folks and most of them have always been helpful, polite, and provide prompt service. I'm not yet ready to credit McMillan's claims.
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Old 04-26-2012, 06:20 PM
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Another thing to add into this discussion. BOA is the parent company of Merrill Lynch. Merrill Lynch - Wikipedia, the free encyclopedia
If you have your IRA with them, you you may want to rethink that. My guess is BOA would respond favorably when a few thousand IRA were pulled. It's no big deal to lose a credit card customer, but a 6 or 7 figure IRA, now you are talking serious business.
Just a thought.
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Old 04-26-2012, 06:47 PM
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There are plenty of other reasons I dislike BOA. I don't need another one.
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Old 04-26-2012, 08:19 PM
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I have only one thing through Bank of America, and that's my mortgage and its not my choice and there is not much I can do about it. I heard on the news awhile back that BOA purchased and now owns something like 90% of all loans nationwide. I know my credit card started off in my local bank, which was then bought by BOA. My mortgage started with Key Bank, then purchased by BOA. I think most people have no idea that BOA really owns one of their loans, whether it is a little account of their mortgage. Heck my card to my local garage, which was only good there and nowhere else, was not even a Credit card per say was purchased by Citibank right before the 2008 financial snafu. It makes me wonder what is really going on with these banks. I have tried to get rid my mortgage but once BOA has got it there is no one else who really can get it. My little credit card through my bank had not one word of it on the statement saying BOA owned it but there it was. I can tell you right now that I think it is things like this that are going to be used to undermine the 2nd Amendment from within. Gun owners who have their credit line at risk or even their business and finances will have a hard time fighting a company BOA's size. McMillan has a large enough company that it can fight BOA, but most folks don't have the attorneys or power to do that.
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Old 04-26-2012, 08:26 PM
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Little customers can band together and become big customers.

Years ago a Nuns microphone was turned off at the annual meeting by a CEO of Gulf Western, a year later she returned with enough proxies to remove the CEO. Nice!
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Old 04-26-2012, 08:28 PM
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I had BOA on a mortgage for a 4 plex and ended up doing a short sale to get rid of it.....BOA was the worst nightmare I or my realator ever experienced.
Could never in good conscience recommend them to ANYONE! Get out if you can.......

Randy
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Old 04-26-2012, 08:59 PM
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I had a few bucks in a BOA account a few years ago. I got tired of paying fees for everything except making a deposit, and for all I know there was one for that too.
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Old 04-26-2012, 11:03 PM
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BOA IS a nightmare to deal with.
I dropped them eleven months ago.
The local branch (in VA) couldn't handle the simplest of transactions.
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Old 04-26-2012, 11:17 PM
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Didn't CITI do the same thing a couple of years ago?
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Old 04-27-2012, 01:06 AM
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I've had nothing but bad service from BoA since early '50's Lousey outfit. Now my mortgage company went to them.Some sort of buyout I think. Now it's going to cost me to refinance into another bank. Don't owe that much but will be a pain the A$$. Sorry to rant but BoA really sucks.
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Old 04-27-2012, 04:55 AM
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I've never heard a good thing about BOFA!
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Old 05-03-2012, 05:28 PM
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Boys, I don't know the total rules on statement of fact concerning the forum on this subject so I will try to be as low key as possible here. Mods please be lenient but I consider this a VERY important issue.

McMillan Enterprises out of Arizona has dumped a large bank (that has been in the news lately for their anti gun stance). I have verified this report with the owner as have several of my friends. I have never done business with McMillan and am only promoting the stance the owner took with a large corporate bailout bank to show his support and belief in our second amendment.

If you wish to receive a copy of the "events" please pm me. I am hesistant to post this here because of our forum rules. I will be glad to email you individually the course of these events. It will make you proud and mad at the same time.

Regards

Bill

Please include your email in any pms requsesting this "event". I am somewhat electronically challenged and I can reply back to you with the copy via email.

Last edited by Biginge; 05-03-2012 at 05:35 PM. Reason: Spelling and clarity
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Old 05-03-2012, 05:35 PM
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It would appear that the view was only by a single individual who was not representing the bank as a whole. The bank issued a statement that the view presented by said individual was not what the bank stood for and that they welcome any clients who manufacture guns, ammo, etc.

EDIT: Well, I have it slightly wrong. So that was what they said, then retracted, but the end of it is they are giving the company 6 months to find another bank.

Plenty of reasons, besides this, why I wouldn't bank with them.
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Old 05-03-2012, 05:39 PM
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I have heard of other reports of other firearms related businesses "being squeezed" by this firm but this documented event happend two weeks ago tomorrow. Seems I have heard this "change of heart by the corporation" way before this timeframe.

regards

Bill
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Old 05-03-2012, 05:46 PM
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Bob,

Send me your emai and I will forward the email , in the owners own words, as to the meeting in his office where HE terminated banking with the firm.

Regards

Bill

I spoke with them by phone this morning, just to say "Thanks" and verify this. Lord knows verification is needed in the unfactual reporting of this era!!!
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Old 05-03-2012, 06:10 PM
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Quote:
Originally Posted by Biginge View Post
Bob,

Send me your emai and I will forward the email , in the owners own words, as to the meeting in his office where HE terminated banking with the firm.

Regards

Bill

I spoke with them by phone this morning, just to say "Thanks" and verify this. Lord knows verification is needed in the unfactual reporting of this era!!!
I never said that it didn't happen. It did happen. What I said was that the information I had seen was that it was just the local president of the bank to do it when the overall policies were not such. However, I did go back and correct my post somewhat in that I saw where it said what I said and that they still are making the company find another bank.
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Old 05-03-2012, 06:19 PM
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"Making the company find another bank" is not it. McMillan ended the meeting in his office by saying "He would make the (insert named individual here) gents job easy by Him finding another bank. I believe McMillan can live without the bank in question. Seems to have a growing frim with large Govt. contracts. Anyway, you don't seem interested futher.

Regards

Bill
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Old 05-04-2012, 03:52 PM
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Quote:
Originally Posted by Biginge View Post
"Making the company find another bank" is not it. McMillan ended the meeting in his office by saying "He would make the (insert named individual here) gents job easy by Him finding another bank. I believe McMillan can live without the bank in question. Seems to have a growing frim with large Govt. contracts. Anyway, you don't seem interested futher.

Regards

Bill
There's the crux of the matter. If B of A's employment practices are such that they hire brain donors who think they can bring their personal prejudices into banking, why would you want them looking after your money. The same IQ Zero might think it was a good idea to invest money in a South American guy called Chavez, or this middle Eastern concern Al-Qaeda we keep hearing about. Dumb is dumb, only the subject matter changes.
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Old 05-04-2012, 04:54 PM
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Something about this story doesn't ring true. I pulled out my "Second Amendment Foundation" MasterCard, and on the back I see that it is issued by the Bank Of America. I go to the Bank Of America website to make payments on it. So that is certainly a firearms related company that they do business with.

Second Amendment Foundation Online


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Old 05-04-2012, 06:52 PM
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Cow art,

If you read the first post here and call the number posted the nice lady will be glad to verify the truth of Kelly's meeting. Additionally, send him an email and you will get a reply, I did.

Regards

Bill
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Old 05-05-2012, 01:02 PM
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Quote:
Originally Posted by sierra255 View Post
My brother-in-law was a "big shot" and I mean a real big shot for BoA and retired three years ago. He told me he would be very surprised if this was true since BoA has a $250 million dollar deal with Freedom Group Inc. which is one of the biggest manufactures of firearms and ammo. He also told me that there are business differences between BoA and McMillian going on now, and BoA cannot comment in the media like McMillian can. My brother-in-law is a gun nut and a life member of the NRA, and said wait for the rest of the story. He will make a call to a person in BoA who will tell him the real deal, and then he will me. I will try and post his response to this forum when I get the information. I am NOT a BoA customer, but I know they were in the news not too long ago for some new customer changes that charge you for some services. If I recall, they backed down and never made those changes...........
Kelly McMillan is a personal friend of mine. I can ASSURE that everything Kelly posted is the truth!! I confirmed it with people in adjoing offices that overheard the conversation. There was a second meeting where the VP (Mr. Fox) and the President BOA came back to meet with Kelly after the story broke. (Can't remember the guys name). They tried to back peddle the story but couldn't do it!! They fumbled all over each other. From what I know, its beginning to sound like it may have been the Presidents idea in the first place. But that is speculation on my part.

But ALL of that happened as Kelly has stated.

I have an account with US Bank. I found out that they will not allow any internet firearms transactions. I asked why? they said it was illegal. I had to explain to her how internet sales worked with the FFL transfer process. She was dumbfounded & said she would get back to her supervisors with that information to see if they want to change that policy.

Looks like I have another bank on my black list.

The business differences is that it is part of the BOA smoke screen damage control. BOA lost 8 % of its stock price in 3 days. Kelly's business is THRIVING. OK, BOA, what else you got??!!

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Old 05-05-2012, 01:42 PM
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I've used my BOA card to purchase firearms at several different FFL dealerships. No problems whatsoever. With all respect for M E's friendship with Kelly McMillan, the allegations remains allegations as far as I'm concerned.
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Old 05-05-2012, 02:48 PM
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I don't think this is the 1st time BoA has been fingered as being anti 2nd. I think they had no gun signs in a lot of their branches and when called about it, they upheld it.
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Old 05-05-2012, 02:55 PM
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No such signs in any BoA branch I've been in.
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Old 05-05-2012, 03:15 PM
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M E

Thanks for the help. Seems like a bunch of folks got blinders on. Why in the would somone question this any longer? Beats me guys. I don't have a dog in this fight (with, for or about BOA, wouldn't bank with them if they were the only bank). However, I do have a dog in the 2nd Amendment battle. Take the blinders off guys.

Regards

Bill
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Old 05-05-2012, 03:33 PM
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Blinders? I don't know if you've included me in that statement but I have never experienced any anti 2nd Amendment action or policies from BofA. In fact my experience has been the opposite.

BoA denies the MacMillan accusation. No evidence has been offered other than conflicting claims from both parties. I am not a BoA fan—or a fan of any bank— but I do use BoA because they are convenient. I have filed a twenty two page complaint against them with the Comptroller of the Currency, as I posted earlier.

As much as I might tend to, I am not prepared to give full credibility to the MacMillan contention until more is known.
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Old 05-05-2012, 03:34 PM
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This could get their tellers hurt if they refuse to do business with gun owners since most bank robbers use them.
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Old 05-05-2012, 03:46 PM
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From BoA's facebook page:



I've seen nothing to discredit this statement.
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Old 05-05-2012, 03:55 PM
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Very vaguely written and supportive of "our military." No mention of 2nd. You believe what you like Sir and I shall ferret out the same.

Regards

Bill
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Old 05-05-2012, 04:16 PM
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My experiences with BoA outside of this issue are so "interesting" in terms of errors, sloth and general suck that I wouldn't dare post them without asking Lee's cardiologist.
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Old 05-05-2012, 04:38 PM
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Quote:
Originally Posted by Biginge View Post
If you read the first post here and call the number posted the nice lady will be glad to verify the truth of Kelly's meeting.
If you would take a look at the back of my Second Amendment Foundation credit card, you could verify that Bank Of America does indeed do business with them. If you wish, I can PM or email a scan of the back of my card to you. I'm not sure why you don't believe me - I'm not associated with BOA, and have no incentive to defend them. I actually only keep that card for emergencies, since it doesn't generate any reward points for me.

I see that Bank Of America's headquarters are located in North Carolina. Since the events described in the article took place in Phoenix, it seems highly likely that Ray Fox is actually a local Phoenix BOA employee, and not a Vice President of the entire Bank Of America as described in the article. The accuracy of the article seems quite suspect to me. It sounds more like a couple of guys got into some kind of a personal confrontation.
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Old 05-05-2012, 04:49 PM
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Cowart,

Please read my post just above your last, one more time. I really think this is a divided issue and I respect your side. I only hope BOA respects ours. I really don't need a copy of the back of your card, but "Thanks anyway." Any attempt at infringment on the 2nd amendment, by a lowly Vice-President (or even a janitor) or the CEO , does not set well with me. The individual was operating under the cloak of his corporation and was representing same as their agent in this matter. If he overstepped his bounds perhaps he should join the ranks of the unemployed.

Regards

Bill

Last edited by Biginge; 05-05-2012 at 05:03 PM. Reason: clarity
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