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Author Topic: McMillan bumps heads with BofA?  (Read 7621 times)

Thernlund

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McMillan bumps heads with BofA?
« on: April 20, 2012, 03:38:02 AM »
Saw this on Facebook...

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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, 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 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 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. 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
www.mcmillanusa.com

SOURCE:  https://www.facebook.com/McMillanGroupInternational


Hmm.  That's weird to me, given this...

Quote
Bank Of America Clarifies Position
Posted on May 28, 2010

Over the past few months, NRA-ILA received information from a few members detailing some problems that firearm-related businesses were having with Bank of America (BoA).
 
It appeared that BoA had adopted a policy of denying banking services to businesses associated with firearms.  ILA staff contacted BoA corporate leadership and asked them to provide specific information regarding their policies.
 
In a conversation with Douglas K. Bland, a BoA Senior Vice President, NRA-ILA was assured that there was no such anti-gun policy.
 
Mr. Bland provided NRA-ILA with a written statement of their policy, which states "Bank of America does not have a corporate-wide policy to deny banking services solely on the applicant's involvement in the firearms industry."
 
NRA-ILA is pleased with this statement, but will continue to monitor business activities to ensure that gun owners and gun related business receive fair treatment.  If you have had issues with Bank of America, please contact NRA-ILA so additional follow-up can be done.  If needed, Mr. Bland has indicated his desire to assist with claims of unfair denial of services for firearms related reasons.

SOURCE:  http://www.nraila.org/legislation/federal-legislation/2010/bank-of-america-clarifies-position.aspx

Did they change their position in the past two years?   You just about never hear of banks firing their corporate customers.  :-\

I wouldn't expect that Kelly McMillan would have a reason to lie.


-T.
Arizona  Arm yourself because no one else here will save you.  The odds will betray you, and I will replace you...

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    ksuguy

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    Re: McMillan bumps heads with BofA?
    « Reply #1 on: April 20, 2012, 08:37:10 AM »
    There are many other reasons not to do business with Bank of America besides this.    They are probably one of the most evil and crooked companies on the planet.     
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    Avenger29

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    Re: McMillan bumps heads with BofA?
    « Reply #2 on: April 20, 2012, 10:58:37 AM »
    There are many other reasons not to do business with Bank of America besides this.    They are probably one of the most evil and crooked companies on the planet.     

    This. Horrific customer service, too. fluff 'em.

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    Re: McMillan bumps heads with BofA?
    « Reply #3 on: April 20, 2012, 11:11:26 AM »
    I dropped BofA in October, but not for this issue.  After reading the first article, I'm glad I did.  They've really gone to s___ of late.
    ArizonaStupidity cannot be cured with money, or through education or by legislation.  Stupidity is not a sin, the victim can't help being stupid.  But stupidity is the only universal capital crime; the sentence is death, there is no appeal, and execution is carried out automatically and without pity.  RAH

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    Re: McMillan bumps heads with BofA?
    « Reply #4 on: April 20, 2012, 11:27:45 AM »
    I am amazed that a bank would do that.
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    Avenger29

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    Re: McMillan bumps heads with BofA?
    « Reply #5 on: April 20, 2012, 11:30:50 AM »
    I am amazed that a bank would do that.

    I'm not.

    BoA is run by dunderheads who don't understand what banking is supposed to be about. Now, if you or I were running a bank we'd strive for customer service and customer satisfaction because that's what gets and keeps customers who put their money in your bank. This is exactly opposite of what BoA does.

    South Carolina
    I don't THINK I'll ever have to face down routers in the streets.

    I should hope not. Mobs of rogue woodworking tools would suck to repel.

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    Re: McMillan bumps heads with BofA?
    « Reply #6 on: April 21, 2012, 01:39:14 AM »
    We finally dropped them earlier this year.  It was the culmination of a long series of disappointments and outright f***ups perpetrated on us over the last few years.  Reading this only confirms the fact that our decision was the right one.  BofA has got to be one of the most inept corporate entities of all time.  Without the government giving them multi-billion dollar enemas from time to time they would have been gone long ago.  >:(
    Arizona"A dying culture invariably exhibits personal rudeness.  Bad manners.  Lack of consideration for others in minor matters.  A loss of politeness, of gentle manners, is more significant than is a riot."
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    Chrissmitty820

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    Re: McMillan bumps heads with BofA?
    « Reply #7 on: April 21, 2012, 10:28:50 AM »
    So, I'm guessing they won't be doing business with any security or armored car company that carries firearms, either?

    /sarc
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    strangelittleman

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    Re: McMillan bumps heads with BofA?
    « Reply #8 on: April 21, 2012, 11:28:12 AM »
    It's all over Fox news and CNN now.
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    cpaspr

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    Re: McMillan bumps heads with BofA?
    « Reply #9 on: April 21, 2012, 02:14:33 PM »
    It's all over Fox news and CNN now.

    Links?
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    Re: McMillan bumps heads with BofA?
    « Reply #10 on: April 21, 2012, 10:22:28 PM »
    Zions Bank in Utah did the same thing to ProArms in SLC.  It forced the closure and liquidation of ProArms assets. 
    It was a great store and I bought all my cop gear there before my Academy.
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    Re: McMillan bumps heads with BofA?
    « Reply #11 on: April 21, 2012, 11:14:45 PM »
    I dropped BofA in October, but not for this issue.  After reading the first article, I'm glad I did.  They've really gone to s___ of late.
    Had a mortgage with BoA. Due to customer service  :facepalm, and loan service  :facepalm I took a higher rate and moved everything out of BoA. Glad I did. Got a better rate a couple years later. Still not with BoA. Glad I moved when I did.
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    Thernlund

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    Re: McMillan bumps heads with BofA?
    « Reply #12 on: April 22, 2012, 10:43:24 PM »
    It's all over Fox news and CNN now.

    Links?

    Indeed.

    I searched all over both CNN and Fox and couldn't find a peep about it.


    -T.
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    strangelittleman

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    Re: McMillan bumps heads with BofA?
    « Reply #13 on: April 23, 2012, 07:13:49 PM »
    Hell if I know where it went, but Shep Smith and Wolf Blitzer were talking of it on the telly.
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    strangelittleman

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    Re: McMillan bumps heads with BofA?
    « Reply #14 on: April 23, 2012, 08:12:20 PM »
    Guys, I'm embarassed. I can't find any link to this on CNN nor Fox. It was first mentioned on Kelly's Court, then again on Studio B as well as The Situation Room w/ Wolf Blitzer over on CNN.....now I can't find Jack s___  for video on either FNC nor CNN....go figure.
    Semper Gumby.....Always Flexible.
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    Thernlund

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    Re: McMillan bumps heads with BofA?
    « Reply #15 on: April 23, 2012, 08:17:25 PM »
    Don't sweat it.  I don't think anyone thought you were lying.  We just wanted to see it too.

    I've seen others around the net saying they saw it on both CNN and Fox, so it has to be out there someplace.


    -T.
    Arizona  Arm yourself because no one else here will save you.  The odds will betray you, and I will replace you...

    strangelittleman

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    Re: McMillan bumps heads with BofA?
    « Reply #16 on: April 23, 2012, 09:50:49 PM »
    This has got me to thinking.....I wonder who all the major gun companies bank with?
    Semper Gumby.....Always Flexible.
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    Thernlund

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    Re: McMillan bumps heads with BofA?
    « Reply #17 on: April 23, 2012, 11:44:43 PM »
    Apparently the Freedom Group is involved in a deal with... surprise surprise... Bank of America.

    Very recent Snopes article...

    http://www.snopes.com/politics/guns/bankofamerica.asp


    -T.
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    Outbreak

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    Re: McMillan bumps heads with BofA?
    « Reply #18 on: April 24, 2012, 12:29:55 AM »
    That makes it look like BoA doesn't want to do business in the gun industry...unless the account is big enough. McMillan obviously didn't make the cut.
    TexasOutbreak

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    Re: McMillan bumps heads with BofA?
    « Reply #21 on: April 28, 2012, 01:08:44 AM »
    Thank you, I thought I was being gaslighted there for a while.
    Semper Gumby.....Always Flexible.
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