Boycott Bank of America

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I was thinking, what if I wanted to move my accounts from my present bank to another?

What a pain in the behind.

I am having a difficult time believing that so many folks are closing their bank accounts because of an unverified story on THR. Yes BofA has been in the news and had bad press. But to suffer a major inconvenience over a story that may not even be true?

Could it be the folks over at Mcmillan are trying to drum up some high end business?


I am very skeptical about this whole story.
21 mins ago:

I just want to let everyone we will post here and on our website which bank we finally choose as our bank. We have had a large number of banks that have expressed an interest in being our bank of choice. You can rest assured that we will pick the appropriate bank and that they will be clear about their support of our 2nd Amendment rights and the firearms industry in general.

Many of you may have seen BofA's official position. Frankly it doesn't surprise me. It hurts some for others to claim that I am dishonest and that what I posted didn't happen, but it doesn't surprise me. I haven't made any claims about what their policy is, I haven't even made any speculation. I just reported the events which took place in my office.

I am in the process of checking with my merchant services provider to find out whether or not I will be able to discontinue taking BofA credit cards for payment. It has been mentioned that my contract with Visa and MasterCard may prevent me from doing so. Either way I will let everyone no when I get the news.

I remember a saying I have heard most of my life, if you tell the truth you don't have to have a good memory. Rest assured my story won't change. I might get better at typing and proof reading, God knows I need that, but the story remains the same.

Again thanks to everyone for your support. Do me a favor and tag in and let me know if you happen to hear any of the radio interviews scheduled over the next few days.
 
I actually emailed Kelly McMillan this afternoon and he verified the story was true and he had written the letter. To me they deserve our support not to mention the fact we are sending a message on supporting the 2nd Amendment. I think McMillan has been selling stocks since the late 70's and were a pioneer in the industry.
 
I'm not sure how refusing to take a large bank's credit cards drums up business. If anything this will hurt their business at least in the short term.
 
They're not looking for business by taking a stand on this issue. They're taking a stand and are willing to deal with the business consequences. BoA took a stand and will have to deal with the business consequences as well.
 
I'm not sure how refusing to take a large bank's credit cards drums up business. If anything this will hurt their business at least in the short term.

They're closing their own accounts with BoA - I think they'll run into EXTREME difficulty refusing the cards.

Refusing anything with a Visa or Mastercard logo on it (regardless of the issuing bank) is a violation of the merchant agreement and they'd likely have their ability to take ANY credit cards pulled if they actually tried to do that.
 
Bubbacrabb said
Banks dont have a whole lot to do with the 2nd amendment
If that were true, this thread wouldn't exist. THIS PARTICULAR bank decided they wanted to take a stand regarding firearms. THEY made the decision to deny services strictly because of gun politics. It only seems reasonable that most gun owners or at least gun rights supporters would take an issue with this sort of thing. I DONT have any accounts with BOA, but would close them knowing this info if i did. McMILLIAN had every right to take this personally...they were attacked and denied service strictly for being about guns. I doubt they care that some people buy their guns with BOA plastic. There are bigger, more important issues involved than someone not being able to use their high limit boa card on MCMILLIAN goods. TEACHU2, how is ANY of this the fault of McMillian? BOA said they didn't want their business based on gun politics. How is that 'McMillain taking it personally?" If your bank one day called you in and said 'You make dogfood. We don't like dogfood. Your business is no longer welcome here" wouldn't YOU take it personal? Even if you weren't offended, theres not much recourse you can have. Noone can force BOA to change the policy...unless its through public pressure from their current and/or former customers.
 
I am having a difficult time believing that so many folks are closing their bank accounts because of an unverified story on THR. Yes BofA has been in the news and had bad press. But to suffer a major inconvenience over a story that may not even be true?

Could it be the folks over at Mcmillan are trying to drum up some high end business?


I am very skeptical about this whole story.

The story is true and some people will be moving accounts, but in the grand scheme, such a move isn't likely to change how BOA does business. Maybe somebody else can find it, but I can't find a single boycott of BOA that has resulted in BOA changing how it does business. In fact, I can't find where any pro-gun boycotts have successfully changed any large banking institutions.

Pro-gun folks have been calling for a boycott of BOA since at least as far back as 2001 because of their denial to give lines of credit to gun businesses and closure of gun business accounts. Eleven years have gone by and they are still doing it.
http://thefiringline.com/forums/showthread.php?t=65518&highlight=boycott+bank+of+america
 
Double, I'm sure you are correct. A couple of hundred or even a couple of thousand account closures will not affect how BOA does business. But that doesn't mean that it isn't important to do so.

The account closures will shine a light on the business practice of a Bank that accepts public money and then selectively decides what portion of the public it will and will not serve. It is important that we speak out in the only way we can. Close accounts and let them know why.
 
I will keep my BOA card, I will not cancel it.

However, I will never use it again which actually costs them money!
Food for thought, hit them in the wallet instead of just canceling.

I find it ironic my BOA card is through Bass Pro which is also a gun/ammo retailer...???
 
By bringing these sorts of issues to the attention of others through websites, online petitions, social media we can bring them to the attention of the media giving more people the opportunity to make their opinions clear to companies like BoA and McMillan.
http://www.foxnews.com/politics/201...-says-bank-american-doesnt-want-his-business/

Don't assume that your voice doesn't matter or that it can't make a difference unless you refuse to use it.
 
Don't assume that your voice doesn't matter or that it can't make a difference unless you refuse to use it.
__________________

So my nephew says "hey unk I'm buying a house and I need a mortgage, Where should I go?

:) Not BOA
 
I find it pathetic that guns, of all things, would cause people to boycott them NOW. I realize guns are near & dear to many hearts, but for the love of god, what about their general business practices for all these years?! Those get a pass?!
 
That's fine, but when the word "boycott" is thrown around for such an eternally dirty institution, I can't help but think about what other matters we have our collective blinders on to until it hits something dear to us. And that's frustrating.
 
As pointed out, THR is a firearms forum. Plenty of other calls for action against BOA are already in place, BUT we don't deal with issues other than 2A/RKBA ones here. We don't go outside that scope.
 
BOA has been a PC turd-polishing organization since their get-go.

I'm disappointed in any of you that didn't figure that out a long time ago.
 
Double, I'm sure you are correct. A couple of hundred or even a couple of thousand account closures will not affect how BOA does business. But that doesn't mean that it isn't important to do so.

The account closures will shine a light on the business practice of a Bank that accepts public money and then selectively decides what portion of the public it will and will not serve. It is important that we speak out in the only way we can. Close accounts and let them know why.

You are right. It is important to do so. My point is that it would be best that people had a more realistic perspective on what their individual account closures may mean. BOA is the 2nd largest banking institution in the US. http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx They are not even likely to notice a few account closures. As I noted, there are at least 15 ongoing calls for folks to boycott BOA and there have been calls for gun folks to boycott BOA since 2001. You have to wonder why companies like McMillan went with BOA despite the already noted calls for boycotts in the past by gun folks. Why are we even surprised or upset that McMillan opted to support an anti-gun company for so long before finally getting screwed by it? BOA's anti-gun policy isn't hidden. Why would McMillan do business with such a company in the first place? Should we not be upset with McMillan for supporting the opposition for so long especially given Kelly McMillan's statement that...
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.

If Kelly thought it was so important tht folks know when a business does not support their 2A rights, how come McMillan didn't figure this out until after being dropped? Apparently, it was not important enough for McMillan to verify if companies, suppliers, etc. with which they do business is anti-gun.

Additionally, McMillan has apparently had no problem with selling their guns to various governments (including ours) that are less than supportive of 2A or gun rights (in countries where there is no 2A).
http://www.mcmfamily.com/pdfs/McMillan Awarded Multiple Contracts.pdf

A boycott by gun owners isn't likely to have any discernable affect on BOA much for the same reasons that concealed carry isn't causing massive drops in crime. Gunowners make up too little of the BOA population and most of those who are there don't give such matters much thought. As a community, we can't even get most folks with concealed carry permits to carried most of the time which is something that could potentially save their lives. So there is no reason to expect that more than just a small fraction of gun owning BOA customers will bother to boycott.

As noted, Bass Pro's credit cards are through BOA. Don't we want to boycott Bass Pro for supporting an anti-gun company like BOA? How about Gander Mountain? They do anti-gun Paypal.

Boycott BOA because it is the right thing to do, but don't be deluded into believing that you are actually going to have some sort of significant impact on their bottom line. We have been boycotting them for 11 years now and haven't managed to change their minds on the gun issue.
 
Credit Unions usually avoid issues like 2A and stick to raising money for things like school playgrounds and breast cancer research.
 
I was wondering what makes a bank all of a sudden not wanting to support a successful business? Seems like a bad decision, fiscally, in these economic times.
I have been wondering if this was possibly an attempt at gun control from a behind the scenes angle, and if this political decision were motivated by government bailouts.
 
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