Bank of America is headquartered in Charlotte, NC. That sort of makes them our problem. By now you will all have heard that BofA decided to dump McMillan Firearms because they don’t want to loan money to gun companies.
This is Grass Roots North Carolina’s response.
After receiving two bailouts totaling over $25 billion of OUR dollars, plus untold numbers of “sweetheart deals” like dumping worthless loans on taxpayer-backed Fannie Mae and Freddie Mac, is Bank of America continuing to pillage our nation’s economy by launching a concerted assault on gun-related businesses?
According to Kelly D. McMillan, Director of Operations, McMillan Group International, LLC, the company was recently informed that Bank of America is no longer willing to hold the accounts of their gun-related business. Here is McMillan’s account of the exchange between himself and Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking:
“’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.”
“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?’
“Mr. Fox confirmed that it was. At which point I told him that the meeting was over and there was nothing left for him to say.”
McMillan manufactures stocks for the M40A3 sniper rifle used by our Marine Corps designated marksmen. The severing of credit lines potentially jeopardizes production of these weapons currently used by our forces in Afghanistan.
Go to their website to see what YOU can do to see that things like this stop. There are names, phone numbers, and email addresses. I contributed the Twitter link. We need to put a stop to companies thinking that they can discriminate against our civil rights. Even if you don’t live in North Carolina, feel free to use the email and phone numbers to express your displeasure. Don’t tell the Bank Teller, they don’t make policy. Tell the corporate office.
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