Did Bank Of America Drop A Loyal Customer For ‘Political’ Reasons? B of A Drops gun maker

McMillan Group International, a company that manufactures firearms and accessories, is claiming that Bank of America asked them find another bank for “political” reasons.

The company, whose different entities have been doing business with Bank of America for more than twelve years, says it has never made a late payment, and never bounced a check.

On Thursday, the Director of Operations Kelly McMillan explained on McMillan’s Facebook page:

From their Facebook account

McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International have been collectively banking with Bank of America for 12 years. Today (April 19, 2012) Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking came to my office. He scheduled the meeting as an “account analysis” meeting in order to evaluate the two lines of credit we have with them. He spent 5 minutes talking about how McMillan has changed in the last 5 years and have become more of a firearms manufacturer than a supplier of accessories.
At this point I interrupted him and asked “Can I 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 2nd 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 left for him to say.

I think it is import for all Americans who believe in and support our 2nd amendment right to keep and bear arms should know when a business does not support these rights. What you do with that knowledge is up to you. When I don’t agree with a business’ political position I can not in good conscience support them.

www.westernjournalism.com...

www.facebook.com...#!/McMillanGroupInternational


Folks, they're not going to get rid of firearms by making them illegal. They;ll just put them out of business. I guess there is no law against this, but lines are being drawn even as we speak.

Where do you stand?

Did the bank bail-outs come with a political price tag?

Did the bail-outs occur to just promote a specific agenda?

Your intrepid ace reporter beezzer will find out.

Or get distracted by something shiny and wander away.

reply to post by beezzer


Hah. They make 50 cal SASR's (Special Application Scoped Rifle) for the Canadian Military, as well as many models that are within the American MTOE as well. Not a very smart move on BoA's part.

Did the bank bail-outs come with a political price tag?

I honestly never thought of that the bailouts did have a price tag the government dictated ceo pay it is NOT so much a leap of logic to think that call came from Holder or Obama.

People there are thousands of ways to impliment gun control without a full frontal assualt.

Anyway i look at this it's complete and total crap denied because you make guns and gun parts?

Only a fascist.

Great thread !

Personally,If you haven't taken your money out of BOFA,you should do so now.
I hear so many horror story's,coming out of this bank. Seriously,They should be called Bank of Anti-America.

Might just buy my next gun,or accessory,from these guys................McMillan

S&F

reply to post by beezzer


I honestly think that they are trying to make themselves appear as the "friendly neighbour," since people aren't feeling a whole lot of love for the big banks right now. Meh regardless of what they are trying to do, it was a very foolhardy decision, as McMillan Tactical is one of the most trusted military firearms manufacturers (even more-so than Barret). I am not condoning what these military weapons are used for, I am only stating where things stand.

Originally posted by xXxinfidelxXx
reply to post by beezzer

 

Hah. They make 50 cal SASR's (Special Application Scoped Rifle) for the Canadian Military, as well as many models that are within the American MTOE as well. Not a very smart move on BoA's part.

In a climate of banks getting bailed out because of failing businesses, it seems rather stupid to drop a successful business.

Originally posted by xXxinfidelxXx
reply to post by beezzer

 

I honestly think that they are trying to make themselves appear as the "friendly neighbour.......

That will kick you out of your home........

reply to post by neo96


This is what I'm thinking. Didn't Obama say that gun control was going to be "under the radar"?

Originally posted by sonnny1
Great thread !

Personally,If you haven't taken your money out of BOFA,you should do so now.
I hear so many horror story's,coming out of this bank. Seriously,They should be called Bank of Anti-America.

Might just buy my next gun,or accessory,from these guys................McMillan

S&F

Truth!

Bank of American't, more like it!

Originally posted by beezzer

Originally posted by xXxinfidelxXx
reply to post by beezzer

 

Hah. They make 50 cal SASR's (Special Application Scoped Rifle) for the Canadian Military, as well as many models that are within the American MTOE as well. Not a very smart move on BoA's part.

In a climate of banks getting bailed out because of failing businesses, it seems rather stupid to drop a successful business.

It is stupid, fiscally stupid. Banks are in the business of making money, so the question is: What did BoA get in return, and from whom, to drop the company's business?

Originally posted by xXxinfidelxXx
reply to post by beezzer

 

I honestly think that they are trying to make themselves appear as the "friendly neighbour," since people aren't feeling a whole lot of love for the big banks right now. Meh regardless of what they are trying to do, it was a very foolhardy decision, as McMillan Tactical is one of the most trusted military firearms manufacturers (even more-so than Barret). I am not condoning what these military weapons are used for, I am only stating where things stand.

edit on 28/4/2012 by xXxinfidelxXx because: (no reason given)

The only friends they'll be making are the ones in DC.

Not ones on Facebook!

reply to post by beezzer


Yeah under the radar the real reasons of fast and furious and Holders blocking congressional oversight.

Originally posted by OldCorp


It is stupid, fiscally stupid. Banks are in the business of making money, so the question is: What did BoA get in return, and from whom, to drop the company's business?

And is any of it illegal?

If not, okay, business (even bad business) is still business.

But who benefits?

thats a red flag for something going on behind the scenes, like a move to show alliegence with a specific entity.
obviously an influencing power enough to cause a bank to relinquish ties..

and if so, they might have shot themselves and everyone around them in the foot.

what is the move for? political reasons yes, to distance themselves from what?
and who benefits from the cutting of ties?

Originally posted by beezzer


Truth!

Bank of American't, more like it!

Like OldCorp said,its Financially irresponsible.....You KEEP good business partners,not let them go. Many Banks and Businesses,partner up. I am sure,some bank will step up. Last I heard,the gun business is doing extremely well in America.......

Originally posted by yourmaker
thats a red flag for something going on behind the scenes, like a move to show alliegence with a specific entity.
obviously an influencing power enough to cause a bank to relinquish ties..

and if so, they might have shot themselves and everyone around them in the foot.

what is the move for? political reasons yes, to distance themselves from what?
and who benefits from the cutting of ties?

Exactly! Cut ties with a successful business. Lose money as part of it. This is the same bank that got (?) 45 billion last year from the government, the same government that'd like to see gun ownership gone!

reply to post by sonnny1


Fascism should rightly be called Corporatism, as it is the merger of corporate and government power. ~ Benito Mussolini

Boa agrees.

Originally posted by sonnny1

Originally posted by beezzer


Truth!

Bank of American't, more like it!

Like OldCorp said,its Financially irresponsible.....You KEEP good business partners,not let them go. Many Banks and Businesses,partner up. I am sure,some bank will step up. Last I heard,the gun business is doing extremely well in America.......

edit on 28-4-2012 by sonnny1 because: (no reason given)

So is Bank of Americrap - sorry, America a political organization now?

If I am a Tea Party member, does that mean I couldn't get a loan or a checking account there?

Originally posted by beezzer

Exactly! Cut ties with a successful business. Lose money as part of it. This is the same bank that got (?) 45 billion last year from the government, the same government that'd like to see gun ownership gone!

So,When will the real reason,come out ?
Someone has the real reason. We, here, know whats up. I would love to see the paper trail.........