Bank of America to stop lending to some makers of “military” firearms

bank of america

Know thy enemies of the Second Amendment.

From Yahoo (via Reuters): Bank of America Corp plans to stop lending to companies that make military-style firearms for civilians, Bloomberg reported on Tuesday, making it the second major U.S. lender to address gun sales after the Florida high school shooting that left 17 dead in February.

The company is in discussions with a few manufacturers who make military-style firearms for civilians, Bank of America’s vice chairman, Anne Finucane, told the news agency in an interview.

“It is not our intent to underwrite or finance military style firearms on a go-forward basis,” she said.

A spokesman for Bank of America declined to comment on the report.

Last month, Citigroup Inc added restrictions on firearm sales for new retail sector clients, requiring them to sell firearms only to customers who passed a background check, restricting sales for buyers under 21, and not sell so-called bump stocks or high-capacity magazines.

The second-deadliest shooting at a U.S. public school re-ignited the long-running national debate over gun rights, pitting many of the students who survived the Feb. 14 high school shooting in Parkland, Florida, against powerful gun rights groups like the National Rifle Association.

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DCG

26 responses to “Bank of America to stop lending to some makers of “military” firearms

  1. I have long since sold any BoA stock that I owned and have never been a customer because of their anti-2A stance.

    “Speaking the truth in times of universal deceit is a revolutionary act.” Geo. Orwell

    Liked by 4 people

  2. I fell sick about 9yrs ago from a Tick Bite, unable to work and dead against any type of Social Svc, The Soldiers Sailors and Marines Fund helped me out with weekly checks till I got back on my feet. Their checks were drawn from Bank of America, each time I cashed one of their checks they charged me $6.00 and took my thumbprint. I’ve not liked or used them since then, they should be called The Bank of UnAmerica.

    Liked by 4 people

    • Stovepipe . . . . Your experience with BaA truly is gross. That you should have to pay to cash a check drawn on their flamin’ bank is just gross. How many remember back in the late 1960’s when banks were offering toasters, electric skillets, etc. in order to entice new customers to open an account with their bank. As far as I am concerned, banks put the “gangster” in “bankster.”

      I have been 100% against this bank ever since they came out against the Boy Scouts due to the Scouts stance, at that time, on not having leaders who were homosexual. We DO NOT NEED all these various businesses gettin’ on up in the business of politics. I guess they think they are wooing new customers, and pleasing their old customers.

      Liked by 3 people

    • Notice how they don’t like lending to folk who make guns for civilians, but to those who make guns for big gov’t is okay.

      Liked by 3 people

  3. Is anyone going to connect, in that Ferrell video, the last stage, or red, alchemical transformation of that man, covered with dirt to represent a new soulless earth-bound man-kind fashioned by a Satanic priesthood, with the third red/dirt mural in B of A hdqtrs? It depicts a new man-kind, asleep in the earth, that scientists, here depicted as workers with idealized tools of light, will create and so forever end that idea that man was created by a God and with a supernatural soul. The middle B of A mural, for example, and years ago, depicts translucent male and female figures being whirled together to create a sexless being, foreshadowed by today’s transgender experiments with chemicals that can bring awkward approximations about, although in the future done epigenetically with chemicals in the womb with sex-or-no-sex determined as needed by elitist diktat. The first B of A mural depicts money-magic financier types deciding on the new man-kind, here depicted as a dutiful child awaiting orders, and all with the nonchalance as if they were overseeing a construction project, not to mention the Satanist elite’s total, no-choice control over human procreation, depicted by a caged female connected to several laboratory drips altering the DNA of the child in her womb. Such fine people at B of A and Hollywood. Anyway, all that’s just my take after reading what vigilantcitizen had to say some years back, but I think we can all agree on the almost inconceivable evil these murals and that video depict.

    On a lighter note, notice how that vice chairwoman says “go-forward basis” as if in that context she might otherwise be misunderstood to be speaking about the past. Well, maybe it’s not so funny. I doubt she’s the moron she appears to be, going by her photos, so it’s more like yet another example of that empty bureaucratese we can sneer at as pretentious drivel yet unintentionally symbolizes the utterly unmerited preferment and wealth of our insanely evil elites whose evil we can point out but do nothing about. Or, is this mainly a spiritual war we can definitely win with prayer?

    Liked by 3 people

    • Dan . . . . You have brought out some excellent points. The one that really struck me was . . . “Or, is this mainly a spiritual war we can definitely win with prayer?” There is no doubt that the only way out of this conundrum is to enlist the powers of Heaven through fervent prayer.

      God Bless America! God Bless Our Troops! God Bless Our President!

      Liked by 2 people

  4. Seem every time the left hits an emotional high all the stupids jump on the ban wagon to strike back at gun owners. So again as I do in many cases BOYCOTT them if enough do it hurts there bottom line. So if your that stupid you don’t need our money.

    Liked by 4 people

  5. Does Bank of America or Citigroup lend money for any Planned Parenthood facilities? If so, they are accomplices of those who murder countless children in cold blood on a daily basis. Are they going to continue lending to them?

    Liked by 3 people

  6. My trustworthy bank is a bit faraway so I had to rely on Bank of America for a safe deposit box to keep documents at a moment’s ready. I opened an account. Overcrowded, two cashiers and two reps, half hour waiting for a simple transaction. Opened the account and had to close it, my account was used to pay a college dorm, it got corrected after a third try, money refunded. Another occasion money used for car repairs, I was reimbursed, it so happened that every time I made the deposit, the money was extracted. I was outraged, and told them the fraud was done from inside which they vehemently denied, I closed the account and have a new bank for services. DON’T USE BANK OF AMERICA

    Liked by 3 people

  7. credit unions are the way to go…boa is a snake that strangles the financial life out of its victims (customers).

    Liked by 4 people

    • MomOfIV . . . . I certainly do agree with that. The Oregonians Credit Union (which used to be only for employees of The Oregonian Newspaper, but now anyone can use them) opened a branch about six blocks from me. When I decided to purchase a new car, I was able to get a loan at 2.25% which was much lower than any of the banks were offering. I love the convenience, and the fact that it is a conglomeration of folks helping each other.

      Liked by 3 people

  8. On the other hand, Wells Fargo is doing something right — resisting union threats to drop gun manufacturer clients.

    https://reason.com/volokh/2018/04/08/wells-fargo-resists-union-threats-aimed

    Liked by 2 people

    • Dr Eowyn . . . . I am very happy that Wells Fargo is not caving to public sentiment. Anything that any “teachers union” wants has to be bad for the citizens of this nation.

      Liked by 3 people

  9. Marxist politics must be profitable– did someone tell ol’ Karl?

    Liked by 2 people

  10. Why would a bank (or any other business) want to join the political circus? This constitutes a coercive public action by an entity that has no authority to treat individuals or groups differently due to belief.

    Liked by 3 people

  11. I told Bank of Amigo to go pound sand way back when I found out they were issuing credit cards to illegal invaders.

    Haven’t missed them in the least.

    Liked by 4 people

  12. I feel that any bank that took a bailout from the American people during the banking crisis should never be involved in politics, as that makes them picking winners and losers from the citizens who helped them. BOA got 20 billion in direct money and a guarantee of 118 billion in direct losses. So I have to say, Bank of America, goodnight and good luck.

    MomofIV, I have to agree, that credit unions are the only way to go. Saying that, we use a credit union, and a local bank and a national bank. We are not wealthy, by any stretch of the imagination. We are like many other people, we have different needs for banking products, and one bank doesn’t cover them all. We use the credit union for most of our family banking. My 21 year old daughter who is mentally handicapped and on
    SSI needs an account for her deposit, in my wife’s name, but separate from ours, so we can keep track of her expenses for accountability, and we also have another national bank with an account so that we are able to have the convenience of a safety deposit box and a few other things that our credit union is not able to offer.

    We don’t carry any debt, and only pay cash for our vehicles now, but when we did borrow for cars, it was only through the credit union. I used to live in a very small town with a local bank, and I could call them up and ask for a personal loan with no collateral, and pick it up that afternoon. Those days are long gone. That is a good thing, for young people coming up. The world is not the same as it was, and for me to borrow a grand to replace my furnace is not the same as a young person wanting to borrow a grand to jump on a plane and spend a week in the Carribean on spring break, without thinking about paying it back.

    I know that many have heard of Dave Ramsey and his ideas of money and the Biblical way that it should be looked at and used to God’s glory. It has taken myself and my wife years to learn the right way to get our lives to line up with what we have known is right. So it is not easy, even when you know the right things to do. I encourage parents of young people to teach their children from the youngest age that they can, how to not only handle money, but how to look at it from God’s point of view. Knowing that money and wealth is not a bad thing, but trusting in it can be. And trusting in a bank that you know is a worldly institution most certainly is a bad thing.

    Like so many things in our lives today, it seems that everything comes right back to our understanding just how we are living our lives according to God’s principles and if we seek to do so, things not only go so much easier, but we have so much more peace within ourselves.

    Liked by 2 people

  13. We have some horror tales of using the big banks. Never went back. Switched to a large credit union years ago and have had nothing but excellent service. No complaints yet.
    I wonder if Bof A has any armed guards or if any officers are gun owners?

    Liked by 2 people

  14. Does Bank of America feel a little judgmental—which extends by this act to their patrons who support the second ammendment? They should remember this: People are free to withdraw their accounts from Bank of America and establish their banking business elswhere.

    Liked by 2 people

  15. Easy have the gun businesses declare themselves to be queer, apply for a loan, and then sue their asses off.

    Liked by 3 people

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