Posts Tagged bank of america

Bank of America Reverses Stance On Gun Investments

From The Spokesman-Review:

Bank of America Corp. is loosening restrictions on lending to the firearms and energy industries amid pressure from anti-ESG politicians in Texas and Florida.

The bank backed off its ban on lending to companies that make assault-style guns used for non-military purposes. Rather, the firm will make such decisions on a case-by-case basis with senior risk officers, according to its latest environmental and social risk policy framework. The Charlotte, North Carolina-based bank also made similar changes to its energy lending policies – it no longer has a blanket ban on financing for Arctic drilling.

, , , , , , , ,

No Comments

BoA Gave Up Customer Data Without A Warrant

From Open Source Defense:

As part of the oversight conducted by the Committee on the Judiciary and the Select Subcommittee on the Weaponization of the Federal Government, the Committee and Select Subcommittee received testimony from retired FBI Supervisory Intelligence Analyst George Hill on February 7, 2023. Mr. Hill testified that Bank of America (BoA) provided the FBI — voluntarily and without any legal process — with a list of individuals who had made transactions in the Washington, D.C., metropolitan area with a BoA credit or debit card between January 5 and January 7, 2021, and that individuals who had previously purchased a firearm with a BoA debit card or credit card were elevated to the top of the list regardless of when or where the purchase was made.

, , , , , , , , , , , , , , , , , , , , , , ,

No Comments

Intuit Reverses Discriminatory Gun Policy

From NSSF:

Sen. Cruz, in his capacity as Ranking Member of the Senate Committee on Commerce, Science, and Transportation, recently wrote to Intuit, a payment processor, that reversed their discriminatory policies of denying QuickBooks services to firearm manufacturers and retailers. The change came only after Senate inquiries into the discriminatory practices. Intuit claimed the policy was directed to them by JP Morgan Chase and Bank of America, both banks that hold discriminatory policies against the firearm industry and refuse banking services in an effort to starve them of essential financial services.

, , , , , , , , , , ,

No Comments

Bank of America Snitches On Gun Owners

From Ammoland:

FBI whistleblowers have come forward with damning allegations against Bank of America (BoA). According to Representative Thomas Massie (R-KY) and Rep. Jim Jordan (R-OH), the banking giant has been revealing information to the FBI about its customer’s gun purchases without a warrant. 

, , , , , ,

No Comments

Texas Law Could Oust Bank of America and Citi From State

From Bloomberg:

The legislation, Senate Bill 19, would block government entities from contracting with banks and other financial services providers that have policies that restrict business with the firearms industry. Under the bill, companies with 10 employees or more seeking a government contract worth at least $100,000 would have to verify in writing that they do not have a policy or directive that “discrimina

, , , , , , , , ,

No Comments

Louisiana Punishes Banks For Anti-Gun Stance

From The Washington Times:

A Louisiana commission voted Thursday to block two banking giants from taking part in a new highway project, moving to punish the companies for gun control policies they adopted after the Parkland, Florida, school shooting this year.

, , , , , , , ,

No Comments

Banks Continue Discriminating Against Gun Businesses

From Yahoo:

In the wake of high-profile mass shootings, corporate America has been taking a stand against the firearms industry amid a lack of action by lawmakers on gun control. Payment processing firms are limiting transactions, Bank of America stopped providing financing to companies that make AR-style guns, and retailers like Walmart and Dick’s Sporting Goods imposed age restrictions on gun purchases.

The moves are lauded by gun-safety advocates but criticized by the gun industry that views them as a backhanded way of undermining the Second Amendment. Gun industry leaders see the backlash as a real threat to their industry and are coming to the conclusion that they need additional protections in Congress to prevent financial retaliation from banks.

, , , , , , , ,

No Comments

McMillan Merchant Solutions

The company that revolutionized stocks has started a credit card processing company. The new company was created after McMillan‘s bank account at Bank of America was abruptly cancelled without explanation.

More information can be found in this article from World Net Daily.

McMillan Merchant Solutions

, , , , , , , ,

No Comments

Is Bank of America Anti-Gun?

From Unlawful News:

According to a Facebook post by the owner of American Spirit Firearms, Bank of America has decided to weigh in on the gun debate by freezing his account. Joe Sirochman, Owner of American Spirit Firearms, says Bank of America froze his account after people at the bank decided he shouldn’t be allowed to sell guns on the internet.

, , , ,

No Comments

Islamist group warns of new cyber attacks on U.S. banks

From: Raw Story

DUBAI — An Islamist group on Tuesday said it will carry out new cyber attacks on US banking targets, according to SITE Intelligence Group, following similar attacks last week in response to an anti-Islam film.

In a statement a group of hackers calling themselves the “Cyber Fighters of Izz al-Din al-Qassam” said they planned to attack the website of Wells Fargo bank on Tuesday, that of US Bank on Wednesday and the PNC Bank on Thursday, SITE said.

Last week the websites of US banks Chase (a JPMorgan Chase affiliate) and Bank of America suffered a suspected cyber attack following threats against them by the same group.

, , , , , , ,

No Comments

NAGR Interviews Kelly McMillan of McMillan Firearms

It was recently reported that McMillan Firearms was asked to close their account with Bank of America due to the nature of McMillan’s business. Dudley Brown of the National Association of Gun Rights interviewed McMillan about the incident. Bank of America denies the claims by McMillan.

Here is another interview by NRA:

, ,

No Comments

Bank of America Anti-Gun?

McMillan Firearms is claiming Bank of America terminated their account because of the industry they were in and because of political reasons.


Lastly, and to clarify the impetus behind the decision, McMillan asked, “So you are telling me this is a politically motivated decision, is that right?”

According to McMillan, Fox answered in the affirmative and that was the end of the meeting.


, , ,

No Comments