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Bank of America will no longer lend to companies that make ‘military-style’ weapons
The Washington Times ^ | 04-10-2018 | Victor Morton

Posted on 04/11/2018 5:48:16 AM PDT by ptsal

click here to read article


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To: ptsal

From Bank of America to Bank against America.

Scum...


21 posted on 04/11/2018 6:16:24 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: DownInFlames
Ibofa can expect a downfall in revenue and lower stock prices.

BofA has $2.28 TRILLION in assets. This won’t even be a blip on their radar. And soon all the other major banks will do the same thing.

Congress need to get involved because it’s not going to stop with assault rifles.

22 posted on 04/11/2018 6:19:49 AM PDT by Drew68
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To: ptsal

I was wanting to find a new bank anyway.
Now I have more incentive to dump BOA.


23 posted on 04/11/2018 6:22:12 AM PDT by BuffaloJack (Chivalry is not dead. It is a warriors code and only practiced by warriors.)
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To: ptsal

“she expects to lose at least some of those gun-makers’ other business as well.”.......

BOA will lose more than just gun manufactures, they will lose many, many gun owner customers as well.


24 posted on 04/11/2018 6:24:07 AM PDT by DaveA37
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To: dsrtsage

Yes, you can. Give them birth control chemicals and tell them they will have a better lifestyle if they have less children.


25 posted on 04/11/2018 6:25:01 AM PDT by petitfour (APPEAL TO HEAVEN)
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To: ptsal

Time to “Target” B of A


26 posted on 04/11/2018 6:26:07 AM PDT by faucetman (Just the facts, ma'am, Just the facts)
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To: ptsal

Wellsfargo takes the stand that it will not become embroiled in a battle over gun rights.

There are a huge number of banks in Houston which would just love to be of service to the gun industry. Lots of them.


27 posted on 04/11/2018 6:34:40 AM PDT by buffaloguy (Bond arms Cowbots well as s)
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To: ptsal

I wish I did business with BofA. So I could quit doing business with BofA.


28 posted on 04/11/2018 6:43:22 AM PDT by SoFloFreeper
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To: ptsal

Good to know that companies can pick and choose those with whom they do business.

A new breath of freedom in the US.


29 posted on 04/11/2018 6:43:54 AM PDT by Arm_Bears (Hey, Rocky--Watch me pull a rabbit out of my hat!)
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To: buffaloguy

Imagine a marketing campaign....

<>Conservative Bank

<> (Pick-a-Race) Bank


30 posted on 04/11/2018 6:51:25 AM PDT by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: ptsal

Will have too look and hard about changing banks.


31 posted on 04/11/2018 6:56:30 AM PDT by Road Warrior ‘04 (111)
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To: ptsal

No but they lend their services to illegal invaders. We quit them because every sign and notice was in large spanish mexican latin spelling. You had to struggle to find the english print.


32 posted on 04/11/2018 7:03:38 AM PDT by Pilated (.)
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To: Road Warrior ‘04

Just got a BoA mastercard—guess I can cut that up now, and let them know why!!!


33 posted on 04/11/2018 7:06:29 AM PDT by bantam
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To: ptsal

During TARP one of the banks put up large advertisements all over Houston which said.
Paraphrased:

The Feds demanded that we take TARP money. Our answer was “Go to Hell”


34 posted on 04/11/2018 7:11:53 AM PDT by buffaloguy (Bond arms Cowbots well as s)
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To: richardtavor

“Bank of America Vice Chairman Anne Finucanetold Bloomberg TV on Tuesday her bank has told those companies “it’s not our intent to underwrite or finance military-style firearms.”

Dear Ms Finyoucaneatittold, there are a bunch of other lenders who will be delighted to take your business away from you. You Democrat.


35 posted on 04/11/2018 7:16:03 AM PDT by Bonemaker (invictus maneo“The frustration of FBI veterans is simple to decipipher.” But not frustrated enoug)
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To: ptsal

Smart businesses stay the hell away from politics so they don’t nullify 50% of their profits in a polarized political climate. If I was on this board, the chairman would be gone for putting 50% of the business in jeopardy. They won’t make MORE money with any aspect of this, they can only LOSE money.


36 posted on 04/11/2018 7:17:14 AM PDT by ThePatriotsFlag (We are getting even more than we voted for.)
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To: ptsal

They’ll still give loans to companies that make “military-style” guns for the government though, right?


37 posted on 04/11/2018 7:18:14 AM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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Now I have to close my account and change banks. What a PITA. All the same, I will now do it. Since I do work for banks, I won’t tell them why though. I am still willing to take their money. I’m no longer willing to give them any of mine.


38 posted on 04/11/2018 7:24:26 AM PDT by FLT-bird
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To: ptsal

Cancelled my BoA Credit card 10 minutes ago. Of course I told them that there are plenty of banks that support the Constitution of the United States. They thanked me for having their CC since 2002. Of course the representative I spoke with was not aware of BoA policy to deny financing to manufacturers of Modern Sporting Arms.


39 posted on 04/11/2018 7:26:19 AM PDT by mosaicwolf
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To: ptsal

Chairman Anne Finucane’s decision ensures that I will never be a customer of BoA.

BoA is effectively endorsing restrictions on the Bill of Rights. What’s next? Will they no longer do business with Conservative media? Refuse to do offer services to pro-life groups? Churches?

Call me crazy, but isn’t the purpose of a business (including a bank) to return value to its owners? Perhaps the Board of Directors can take a moment to see Ms. Finucane’s business plan on this policy? They should be curious about the ROI on alienating, if not driving away, a large population of consumer and business customers.


40 posted on 04/11/2018 7:37:04 AM PDT by Made In The USA (Next thing you know, 'ol Jed's a millionaire)
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