Bank of America to gun company: Find another bank, it's for political reasons...
Via The Daily Caller:
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International have been collectively banking with Bank of America for 12 years. But no more: In a recent meeting, the mega-bank told the firearms company that its business is no longer welcome.
Operations director Kelly McMillan told the Daily Caller that his company has never been late on a payment and has never bounced a check. The debt outstanding on its line of credit is at 61 percent.
But at the bank’s request, he said, the McMillan group of companies would soon be paying off its credit line and closing its accounts.
On Thursday, the Director of Operations Kelly McMillan explained on McMillan’s Facebook page:
Today Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking [of Bank of America] 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 [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 what my business.’
‘That is correct’ he [said].
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.
The Blaze is reporting that Bank of America is denying all of this on their Facebook page. Who do you believe?