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Citi cracks down on gun sales: 'We want to do our part'
ABC News ^ | 3/22/2018 | Emily Sharpiro

Posted on 03/22/2018 3:39:16 PM PDT by mojito

Global bank Citi is starting a new commercial firearms policy within the U.S. "to do our part as a company to prevent firearms from getting into the wrong hands," the company said today.

The new policy requires its new retail sector clients and partners to follow several practices: not sell guns to someone who didn't pass a background check; not sell bump stocks and high-capacity magazines; and not sell guns to people under 21 years old.

Ed Skyler, Citi's head of global public affairs, said Citi has a few relationships with companies that manufacture guns, and for those relationships, "We will be initiating due diligence conversations on the subject to better understand what products they make, what markets and retailers they sell to and what sales practices those retailers follow to ensure adherence to the best practices."

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Front Page News
KEYWORDS: 2ndamendment; banglist; banking; citi; citigroup; fascism; finance; gungrabbing
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Corporate America gets into the gun-grabbing game.
1 posted on 03/22/2018 3:39:16 PM PDT by mojito
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To: mojito; All
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2 posted on 03/22/2018 3:40:39 PM PDT by musicman (The future is just a collection of successive nows.)
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To: mojito

Not a Citibank customer, and now I’ll never be one.


3 posted on 03/22/2018 3:45:21 PM PDT by Made In The USA (Next thing you know, 'ol Jed's a millionaire)
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To: musicman

We’ll do our part too, and our part is going to cost ya.


4 posted on 03/22/2018 3:45:47 PM PDT by E. Pluribus Unum (<img src="http://i.imgur.com/WukZwJP.gif" width=800>https://i.imgur.com/zXSEP5Z.gif)
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To: mojito

Corporate America gets into the gun-grabbing game.

_______________________________________________________

Indeed. They tried through Obama Executive Orders. They tried through state and federal legislation.

Now they will try and grab your guns through the Free Market.


5 posted on 03/22/2018 3:47:01 PM PDT by Responsibility2nd
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To: mojito

Citi can do its part (barf!) with someone else’s money

we are closing our account tomorrow


6 posted on 03/22/2018 3:47:15 PM PDT by faithhopecharity ("Politicans aren't born, they're excreted." -Marcus Tillius Cicero (3 BCE))
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To: E. Pluribus Unum

How can they afford to lose half? of their customers.
I have them and with over 300K points for Travel to Sydney...gonna keep a zero balance soon!


7 posted on 03/22/2018 3:47:55 PM PDT by GRRRRR (Make America Greater Than Ever Before!)
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To: mojito

Citi promotes killing through Gun Control.

Gun Control Kills.


8 posted on 03/22/2018 3:48:34 PM PDT by TheNext
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To: mojito
Do your part by filing a complaint with the CFPB if you have a citigroup card. Must be a member to file the complaint.

The link to CFPB is

CFBP Complaint

And here's some text you can use for the complaint (use all below to end of post):

In violation of 15 USC 1691a, Citigroup has announced it will be discriminating by age for certain transactions as excerpted from their policy statement. Link to full statement follows the excerpt.

According to 15 USC 1691a, a creditor may not discriminate by age (provided the applicant has the capacity to contract) with respect to any aspect of a credit transaction.

Citigroup excerpt:

"Under this new policy, we will require new retail sector clients or partners to adhere to these best practices: .... (2) they restrict the sale of firearms for individuals under 21 years of age, and "...

Link to full text of Citigroup policy:

https://blog.citigroup.com/2018/03/announcing-our-us-commercial-firearms-policy

9 posted on 03/22/2018 3:51:06 PM PDT by fruser1
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To: mojito

I will never do business with this company again.


10 posted on 03/22/2018 3:54:13 PM PDT by linear (The truth brooks no arbiters.)
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To: Responsibility2nd
Now they will try and grab your guns through the Free Market.

What "Free Market?"

11 posted on 03/22/2018 3:55:27 PM PDT by TTFlyer
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To: mojito

I hope companies will stop doing business with them.


12 posted on 03/22/2018 3:56:25 PM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: Made In The USA

+1


13 posted on 03/22/2018 3:56:35 PM PDT by sauropod (I am His and He is mine.)
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To: faithhopecharity

See post 9. File a complaint with CFPB before you close. You must have an account to complain (they want contact info, but you don’t have to provide card number).


14 posted on 03/22/2018 3:57:01 PM PDT by fruser1
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To: mojito

Citi makes the huge mistake of thinking loud=many.

They will pay for this massive blunder.


15 posted on 03/22/2018 3:57:13 PM PDT by freedumb2003 (robert mueller is an unguided missile)
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To: All

Yup, denying USA citizens their God given rights, is doing the right thing. Wait a minute...


16 posted on 03/22/2018 3:58:23 PM PDT by veracious (UN = OIC = Islam ; Dems may change USAgov completely, just amend USConstitution)
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To: mojito
Do these morons understand the firearm market?

They think criminals contact some nefarious gun dealer - GIVE THEM THEIR FRICKING CREDITCARD NUMBER, and get the weapon in the mail?

Is THAT how they think it works?

17 posted on 03/22/2018 4:00:23 PM PDT by grobdriver (BUILD KATE'S WALL!)
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To: mojito

Sorry ***holes but you don’t have a “part” to “do” unless you are a communist organization. If that’s the case, you may want to notify your customers of that fact.


18 posted on 03/22/2018 4:00:30 PM PDT by FlingWingFlyer (#NotARussianBot)
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To: Made In The USA

Anyone who has a Sears Card is, and it is just such relationships (Sears selling guns yet?) and Citi the credit supplier where both are going to feel the pinch.


19 posted on 03/22/2018 4:08:26 PM PDT by imardmd1 (Fiat Lux)
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To: mojito

If someone as smart as our current President was CEO of a bank, he would publish a welcome mat of programs to handle the moneys of gun manufacturers, distributors, retailers and buyers, and clean up.


20 posted on 03/22/2018 4:11:36 PM PDT by Blue Collar Christian (Socialism is for losers.)
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