Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Gun manufacturer says Bank of America doesn't want its business
foxnews.com ^ | April 27 2012

Posted on 04/27/2012 6:43:55 PM PDT by NoLibZone

An Arizona-based firearms company says it is being treated unfairly by Bank of America for the type of business it does, a claim the bank denies.

Kelly McMillian, operations director of the McMillian companies – which makes rifles, ammunition, gunstocks and related firearms equipment – said a bank vice president explained at a meeting last week that he no longer wanted McMillan's business because the companies manufacture firearms.

“This has nothing to do with our financial position,” McMillian said Friday. “He said the bank needed to assess the risk of doing business with a firearms manufacturer.”

McMillian said he was also visited Thursday by another Bank of America executive with essentially the same message and was not even offered an opportunity to restructure his debt or make some other deal, though his company has never missed a payment or bounced a check.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: bankofamerica; bofa

1 posted on 04/27/2012 6:44:05 PM PDT by NoLibZone
[ Post Reply | Private Reply | View Replies]

To: NoLibZone
“He said the bank needed to assess the risk of doing business with a firearms manufacturer.”

Yeah that's real risky, doing business with the one industry in America that's actually booming.
2 posted on 04/27/2012 6:50:14 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

Real Americans still do business with Bank of the Northern Hemisphere?? I thought they only worked with multinationals, college kids that wanted a free t-shirt, muzzie terrorists, and illegal mexicans.


3 posted on 04/27/2012 6:50:53 PM PDT by Bryanw92 (Sic semper tyrannis)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

Screw BoA! What a horrible company.

Chin up McMillian, there’s plenty of bank that will welcome your business.


4 posted on 04/27/2012 6:59:29 PM PDT by upchuck (Need is not an acceptable lifestyle choice; dependent is not a career. ~ Dr. Tim Nerenz)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

Your right, that does it. We pulled most of our money out but now it’s all gotta go.


5 posted on 04/27/2012 7:00:19 PM PDT by acapesket
[ Post Reply | Private Reply | To 2 | View Replies]

To: NoLibZone

Maybe we need a bank for Gun Owners of America only. Does this bank expect armed officials to guard/protect their assets? Kind of talking out of both sides of their mouth.


6 posted on 04/27/2012 7:20:24 PM PDT by Billyv (Freedom isn't Free! Get off the sidelines!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone; Liz; AuntB

Bank of America had to be bailed out and was the worst at making mortgage loans to illegal aliens. I wouldn’t want to do business with them.


7 posted on 04/27/2012 7:47:51 PM PDT by Clintonfatigued (A liberal's compassion is limited to the size of other peoples' paychecks)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

Imagine a Bank not taking on an abortion Clinic.


8 posted on 04/27/2012 8:28:42 PM PDT by NoLibZone (I'm with Sarah Palin and Dick Cheney - Anybody but Obama, because I trust their judgment.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone
Does BOA use armed guards?
9 posted on 04/27/2012 9:23:04 PM PDT by D1X1E
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone
I know for a fact that during the 60’s BOA would not cash military monthly pay checks.
10 posted on 04/27/2012 10:38:51 PM PDT by guitarplayer1953 (Grammar & spelling maybe wrong, get over it, the world will not come to an end!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

Nothing prevents the State of Arizona from revoking their privilege of doing business in this State, And personally I think thats what should happen, right after the State and this company sues them for Discrimination.


11 posted on 04/28/2012 6:04:52 AM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson