Bank of America Tells Gun Company Goodbye

From Kelly D. McMillan Director of Operations McMillan Group International, LLC

McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years

Today Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking (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 want my business.”

“That is correct”, he says. 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 left for him to say.

I think it is important 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. What you do with that knowledge is up to you. When I don’t agree with a business’ political position, I cannot, in good Conscience support them. We will soon no longer be accepting Bank of America credit cards as payment for our products,

Kelly D. McMillan Director of Operations McMillan Group International, LLC

McMillan Integrity-Global Vision

Related Reading:

Fear Drives Opposition to Gun Control
CNN 23 July 2012

Poll: Religious Groups Divided on Gun Control, But United Against Guns in Churches
The Washington Post 15 August 2012

Why Did An Analyst Cut Gun Stocks? Ruger And S&W Fall
Investors.com 15 August 2012