This gun owner’s business began to boom as Internet sales spiked and all of a sudden Bank of America put a hold on the money coming in. At first it seemed that their intentions were appropriate, to simply ensure that everything coming in was legitimate. They said they would hold his money for 48 hours while they investigated it. But after 48 hours they refused to release it and he said they told him that it was because he was selling guns on the Internet, and apparently they didn’t approve. It was at least 3 weeks before he’d see the bulk of that money, something he says is outlandish.

Here’s the interview:

The beautiful thing about the private sector is that you can drop one bank and choose another. I’m not suggesting that would be easy or even appropriate at this point for him to do. But if he gets fed up enough with this kind of intimidation, there are other large banks that would hopefully welcome his business.




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37 comments
suzy000
suzy000

Bank of America has been a total nightmare as far as I am concerned. This has got to be the most incompetent financial institution I have ever dealt with and I deal with a few. Chase, Wells Fargo, C.&F. are among the few that blows them out the water. I am right now getting ready to write a letter to their Human Resource about a problem I have had with them since the end of November that they cannot seem to get resolved. It is the employees they hire...they must be the rejects from all the other banks.

mikeinidaho
mikeinidaho

Another good reason to stay FAR away from the Bank of Amerika! they are as Left as Left can be and must be kept at a distance from all patriots.

wodiej
wodiej

He's complaining but why was he doing business w a corrupt bank that got a bailout w taxpayer dollars? Can't have it both ways. Most likely was taking advantage of some of their business owner perks and didn't care if they were corrupt or not.

Kordane
Kordane

I'd prefer to get the bank's side of the story before coming to any judgement. That is the reasonable thing to do, rather than jumping to conclusions about the bank being anti-gun or something.

Erdnay
Erdnay

Just took a sharpie and wrote "Do Not Use" accross my BOA Platinum Plus Visa Card. Then removed it from my wallet.

(in case I forget)

Therese
Therese

If I were that man. I would interview new banks, pick one, set up new accounts, then gradually transfer monies from Bank of America to the new bank. After making sure I had all the documents from B of A for tax purposes, I'd then close my accounts there and politely tell them to stick it where the sun don't shine.

JungleCogs
JungleCogs

The Kenyan King, Osama Obama Yomama’s filthy tentacles are long.

JoeMontana16
JoeMontana16

I have BoA. I already hated them but this is it. See ya. I will make sure they know why they lost my business.

Richard
Richard

Remember, the banks are controlled by the Federal Reserve which is getting orders from the Regime. Any questions?

NCHokie02
NCHokie02

He should pull his money from BoA. That would be the first thing I would do. After I got off the phone with them I would set up another account with another bank then transfer everything from BoA to that account and let BoA know they no longer have my business.

As for me, looks like it's time to stop doing any business with BoA as well.

MeanGreenBeret
MeanGreenBeret

I just canceled an account I had with them this morning.

I had an allotment set up for a motorcycle loan a few years ago and when the bike was paid off I never stopped the allotment.Just used it a a savings account.

I just had USAA transfer it.Hahaha BoA

I called BoA to verify the transfer and told them why.

They were pissed off. Spread the word.I know I will.

GiantM
GiantM

It seems to me that every day now, the leftists are trying to take away our freedoms one way or the other. It's a slow bleed, but it appears they are becoming successful, one-day-at-a -time. :(

tinlizzieowner
tinlizzieowner

I sold all My B of A stock back before everything went into the toilet. While the stocks were still worth something.

Yazz55
Yazz55

B of A is becoming the obamessiah's bank of political correctness enforcement.

The officially, unofficial bank policy....If you do business in a politically incorrect business, your money will be appropriated.

No apologies for appropriating your monies either.

Not4TheGimmeParty
Not4TheGimmeParty

It isn't easy or appropriate? Oh yes, it's easier than you think, and certainly very appropriate.

Susanna958
Susanna958

Isn't this the bank that was laundering Mexican drug money?

deTocqueville1
deTocqueville1

Unfortunately with the state sponsored hegemony of big banking this sort of 'corporatist' collaboration will increase along with the crony capitaism represented by Buffett and GE. Palin identified this long ago and has been a relentless critc.

wodiej
wodiej

What I am wondering is why anyone was still doing business w them before this complaint.

ApplePie101
ApplePie101

Bank of America penalizes a man for selling guns, but they want to hold onto the gun money. This is more than just hypocrisy, it's plain theft. Who would want to do business with a bank like that?

12grace
12grace

We must support patriots that are being bullied by this regime. The government wants to disarm us so badly they can taste it.

VirusX
VirusX

If I lost ONE PENNY from this, I'd sue Bank of America for tortious interference with my business. I'd work with others to make radio, TV and Internet ads against that bank, and against people I'd personally name. I wouldn't accept any apologies; only money, and massive, lump sums of it.

Lives4Freedom
Lives4Freedom

Support your local bank or credit union. The big banks can take a long walk off a short pier.

sjmom
sjmom

Time to change banks. BoA has no right to put a hold on the money or for that matter an opinion as to his line of business as long as it is legal.

wodiej
wodiej

I have worked in banking and finance for 20 years. Banks are indeed allowed to put holds on deposits if they deem them to be suspicious. If someone suddenly has a large increase in deposits, that raises a red flag. Why was he doing business w BOA when they got taxpayer bailouts and was part of the mortgage meltdown? No doubt he took advantage of some perks and did not care that the bank has been involved in unethical business practices.

Sober_Thinking
Sober_Thinking

Just another notch of the new normal. Setting new precedents along the way. Idiots.

DCGere
DCGere

The new normal yep, unfortunately. We are in scary times...

Show your support for the Second Amendment on the 19th!

Sober_Thinking
Sober_Thinking

Sorry to be uninformed but what's happening on the 19th?

DCGere
DCGere

Gun Appreciation Day - go to the range, buy ammo, etc. (started by a guy on Twitter).

Susanna958
Susanna958

I posted this before I saw your post. You beat me to it.

deeme
deeme

I know how to end this now, it will not be liked by either side because both sides are guilty of it..But it is simply to show you how insane it is to take this out on law abiding citizens who did nothing wrong..How about we start holding the money of people who are defaulting on their parental duties..Fatherless children are more likely to get in trouble then any other group of kids..This is simply to show you how crazy this is..How about we have a registry of kids at risk, kids with mental problems..you can't do it..you can't put those kids at more risk , yet you are perfectly fine punishing people who had nothing to do with any of this..

http://thefatherlessgeneration.wordpress.com/statistics/

Ray
Ray

I hope you get this, and take your business elsewhere other than Bank of Unamerican.

Jeremy Poncy
Jeremy Poncy

I hope all conservatives get this and take there business elsewhere. If business is going to start taking political stances I'm going to start choosing who I do business with differently. The wonderful thing about the free market is that it isn't political, it isn't racist, it isn't ideological. It's Freedom in markets. If B of A doesn't want to maintain the Freedom in its market then I'll go elsewhere. They have a right to do business anyway they want but the market is the last place we the people still have REAL POWER and I will exercise it.