E Mail from my friend:

4-29-2012 | Kelly D. McMillan

[SMARTY]

Fortunately I sold all the B of A stock I had in Mid 2007 prior to the collapse. I never bought their stock but the shares I had in a small well managed regional bank Barnett was bought out by Nations and when they and B of A merged I ended up with that awful company. Read the May 14, 2012 , Article in Rolling Stone magazine by Matt Taibbi: "too crooked to fail" if you have the time or inclination. This travesty below is not a one off or just politically correct decision - they are inept and corrupt and everyone of their products are freighted with hidden costs and loaded against the consumer.

Sent: Sunday, April 29, 2012 6:15 PM Subject: Fwd: From the Owners of McMillan Mfg. in Phoenix, AZ

I do not know who Ed from Tempe,AZ is, but I Googled this and it is true that BOA has dumped McMillan Mfg. Company. MTB

I have checked this out locally and it is legit. So much stuff I get is inacurate. If you use B of A, take the time to blow them off.

Ed -Tempe, AZ

IMPORTANT READ

This is happening all around us and we are allowing this socialist government to keep growing. McMillian Mfg in Phoenix, Arizona, was contacted by Bank of America and informed that they will no longer be allowed to use their services ( Bank of America ) because they are in the firearm business and support the second amendment.

Please read the letter written by the CEO of McMillan Mfg. I am fine with you re-posting it. Thank for your support.

Kelly D. McMillan Director of Operations McMillan Group International, LLC 623-582-9635 1638 W Knudsen Dr Phoenix, Arizona 85027 McMillan Integrity-Global Vision www.mcmillanusa.com Become a fan of McMillan on facebook http://www.facebook.com/McMillanGroupInternational http://www.facebook.com/McMillanGroupInternational>

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, Marlet Manager, Business Banking, Global Commercial Banking ( Bank of America ) came to my office.

He scheduled the meeting as an "account analysis" meeting in order to evaluate the two lines of credit we have with them.

He spent 5 minutes talking about how McMillan has changed in the last 5 years and have become more of a firearms manufacturer than a supplier of accessories. At this point I interrupted him and asked "Can I possibly save you some time so that you don't waste your breath? What you are going to tell me is that because we are in the firearms manufacturing business you no longer want my business."

"That is correct", he says.

I replied "That is okay, we will move our accounts as soon as possible. We can find a 2nd Amendment friendly bank that will be glad to have our business. You won't mind if I tell the NRA, SCI and everyone 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.

I think it is import for all Americans who believe in and support our 2nd amendment right to keep and bare 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. We will soon no longer be accepting Bank of America credit cards as payment for our products.

Kelly D. McMillan Director of Operations McMillan Group International, LLC 623-582-9635 1638 W Knudsen Dr Phoenix, Arizona 85027 McMillan Integrity-Global Vision www.mcmillanusa.comS

http://www.ammoland.com/2012/04/20/bank-of-america-refusing-businesses-that- support-the-2nd-amendment/#axzz1siyfDVoV

[SMARTY]

I hope it's OK to put this up here. I didn't change or omit anything.

I thought it was very interesting and I don't remember reading about this previously, here.

[KoRn]

The dust up with McMillan was given lots of good attention here. Never hurts to remind folks though.

I’d literally put my money in a mattress before doing business with BofA!!(...and they sucked BEFORE the indecent with McMillan)

[SMARTY]

I knew for a long time that B of A are such really bad actors. But, I didn't know about McMillan.

Just curiously, when I bought my home in 2003, the mtg. was with Countrywide which was then sold to B of A.

Do I want to change that? Would the change cost more than it's worth?

[KoRn]

I suppose you could refinance with a lesser sleazy community bank or credit union if you could get a lower interest rate.

NOT financial advice!

[SMARTY]

You’re right. I have always considered that but I am not really certain if the effort, trouble and expense are worth it.

[tx_eggman]

My intent is not to hijack the thread but

for all Americans who believe in and support our 2nd amendment right to keep and bare arms

I hate seeing this .. anywhere

[Rapscallion]

I hope it's OK to put this up here.

Whether it is OK or not. Thank you for your bravery and good sense.

[cuban leaf]

You have not refinanced since then?

[cuban leaf]

—You’re right. I have always considered that but I am not really certain if the effort, trouble and expense are worth it.—

I think rates were significantly higher back then. Unless you are almost paid off it is probably definitely worth it to refi. I’d really look into it. I know people in Seattle that knocked hundreds of dollars per month off their payment. Then again, in some areas the mortgage payment itself is only a few hundred a month (like mine), so YMMV.

[The Working Man]

I have a cousin who worked for another bank before they were merged with BOA. She told me that she and her entire division were being laid off and that t=she would have to train her replacement from India.

She is both pissed and worried, she was on track to retire in two more years I believe and now she’s out of a job and of an age that makes it difficult to get hired by a different company.

[kiryandil]

I think rates were significantly higher back then. Unless you are almost paid off it is probably definitely worth it to refi. I’d really look into it. I know people in Seattle that knocked hundreds of dollars per month off their payment. Then again, in some areas the mortgage payment itself is only a few hundred a month (like mine), so YMMV.

Look up recourse versus non-recourse mortgage loan.

[cuban leaf]

—few hundred a month (like mine), so YMMV.

Look up recourse versus non-recourse mortgage loan.—

How is that relevant to a refi? A “walk away” sure, but a refi?

[kiryandil]

I believe that if you refi it becomes "recourse". When you're dealing with crooks like BOA it may make a difference.

But you're right about the "few hundred" - I never refied for that reason.

For a clearer understanding of BOA shenanigans:

http://tickerforum.org/cgi-ticker/akcs-www?forum=Foreclosuregate

[SMARTY]

No, and I am regular and prompt with payments.

[SpinnerWebb]

It’s better than exercising the right to arm bears.

[smokingfrog]

Guntalk podcast - Guest Kelly McMillan, McMillan Group

The McMillan story starts at around the 20 minute mark.

[cuban leaf]

—No, and I am regular and prompt with payments.—

That’s not what I mean. I mean interest rates are disgustingly low now, compared to 2003. Depending on your monthly payment and assuming you have good credit, you could save a bundle refinancing it. Heck, I bought a place in 2008 and refinanced two years later (last August). The monthly payment is the same, but it went from 30 year to 15 year. And since last August, I’ve paid off 4% of my principle just making the standard payments. :-)