Posted on 01/07/2013 1:56:51 PM PST by CNSNews.com
Bank of America has reportedly frozen the account of gun manufacturer American Spirit Arms, according to its owner, Joe Sirochman.
In a Facebook post dated December 29, Sirochman wrote the following:
“My name is Joe Sirochman owner of American Spirit Arms...our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review.
“After countless hours on the phone with Bank of America, I finally got a manager in the right department that told me the reason that the deposits were on hold for further review -- her exact words were -- ‘We believe you should not be selling guns and parts on the Internet.’”(emphasis added)
Sirochman also wrote that he told the bank manager that “they have no right to make up their own new rules and regs” and that “[American Spirit is a] firearms manufacturer with all the proper licensing.”
He also noted that he has been doing business with Bank of America for over 10 years, but will now be looking for a new bank.
According to Unlawful News, this isn't the first time Bank of America has targeted a customer involved in the firearms industry.
McMillan Group International was reportedly told that its business was no longer welcome after the company started manufacturing firearms – even after 12 years of doing business with the bank.
Stay with the original topic or find someone else to play with. The member post above your last post has this entire situation correct. They have said it better than anyone has. Bank of America has no right by allowing any employee of theirs to say that their bank is withholding the customer’s money because they as part of the bank, do not believe in making profits from selling firearms to anyone. End of story.
Why does anyone want to do business with BOA? This same banking congomerlant refused to allow our flag on one of their branch bank sites a year or so ago. Their name is a misnomer. They do not respect our constitution.
The BOA was founded in San Francisco by A.P. Giannini as “The Bank of Italy.” He wanted his bank to be for the little guy. He died years ago, but my guess is that he’s spinning in his grave. BOA has gone the way of Disney and other businesses that started out for the little guy but are now mega whatever’s for the super rich.
the only thing you forgot about your breakfast was youself for a change...Ham
yeah a posse of hamsters..more Ham
Yes, it is just a bank to me, not a political outlet.
crap sandwich would be you standing on a slice of bread, and another slice on your head...thats a crap sandwich.
humaboner,
All you been talking about for 10 years is pimpimg this pimping that...your mom know Wilt Chamberlin?
more uniforms.....save a buck and just get a bib you cry baby.
speaking of roadkill...your sister get that sticky stuff washed out her hair?
great..all we need is you, Barney Fife with a blog badge.
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