View Full Version : Bank of America Tells McMillan Firearms to Find Another Banker
Team Sergeant
04-20-2012, 13:42
That's it for me!!!!! I'll be changing banks ASAP! Please spread this around to all weapons and military websites!
Bank of America Tells McMillan Firearms
to Find Another Banker
Apparently it is not good enough that McMillan builds products used by our troops to safeguard our freedoms.
Apparently Bank of America is no longer willing to provide banking services to McMillan Group Int'l, LLC (McMillan), a leading maker of gunstocks and an important supplier of stocks, rifles, and other hardware to our U.S. Armed Forces.
Here's what went down. In the course of an "account analysis", a Senior VP of Bank of America (BofA) confirmed that BofA wished to cease doing business with McMillan because the Arizona-based company now builds rifles, not just stocks and accessories. The details of the fall-out between BofA and McMillan were outlined April 19 in a post by Kelly McMillan on McMillan's Facebook page.
HERE is the Text of McMillan's Announcement Regarding Bank of America:
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years. Today Mr. Ray F., Senior Vice President, Market Manager, Business Banking, Global Commercial Banking 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. F. 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 import[ant] 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 can not 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
McMillanUSA.com
Last name of Bank of America VP redacted at request of McMillan.
I ditched Bank of Amigo when it came out with the free credit card for illegals.
This just amplifies the idiocy.
Guys - BOA is probably THE most anti-American bank dong business today. They went 'round the bend years back when they allied with Jesse Jerk-Off in the shakedown business.
TS - Put yourself on report and get some retraining.
DIYPatriot
04-20-2012, 14:08
Thanks for the head's up, TS. My family banks locally, but I know of others that should hear this. I'll spread the word.
Dusty - I found the perfect bank for you! :D
http://redneckbank.com/
Thanks for the head's up, TS. My family banks locally, but I know of others that should hear this. I'll spread the word.
Dusty - I found the perfect bank for you! :D
http://redneckbank.com/
:D: Hee Haw.
I left those Moron's and went to USAA.
Buffalobob
04-20-2012, 15:24
I was cleaning my rifle with the A-5 stock just today after shooting it on Wednesday.
Eddie Harren is building me a lightweight rifle in 260 with a McMillan stock for hunting pigs.
I don't do any business that I know of with BOA but if I did I would change.
It is a little hypocritical of them for other reasons. Funny BOA doesn't mind being the company providing DOD with our travel cards. Wish I didn't have to support them, but unfortunately it is DOD policy thatvwe have to use the card to at least purchase our airline tickets and rental cars while TDY.:mad:
airbornediver
04-20-2012, 16:33
Ditched them a long time ago. I bank exclusively with USAA and local credit unions.
longrange1947
04-20-2012, 19:28
This is not new news. BOA started ditching all firearms industry accounts years ago and I sent them my credit card, that I never used anyway, shredded.
Fu@k em. I left BOA back in 94 when they were Nations Bank. I had my account with them for 10 years, opened it when I was 14. Then following my enlistment, there was a 30 day period of inactivity, and they closed my account. Havn't looked back since, and never had an account at any bank since. I use a credit union.
I am tired of banks charging for services that banks provided once as part of the banking industry. I am tired of the commercials that portray banks as friendly, and on the side of consumers, tired of interest rates below 1%, and tired of banks raping their customers.
They are a huge part of the problems we as a country face today.
Surgicalcric
04-20-2012, 21:34
I will be closing my accounts on Monday.
I left BOA, after many years, when they bought up the 'Countrywide Mortgage paper' after the 'crash'....what a boneheaded thing to do...like that will pay off.
Look at USBank....very conservative outfit financially
I left BOA, after many years, when they bought up the 'Countrywide Mortgage paper' after the 'crash'....what a boneheaded thing to do...like that will pay off.
Look at USBank....very conservative outfit financially
So...based on that, I did a couple google box searches based on Countrywide, and the fact that I know one of their office buildings (106,000 sq ft) is just down the road from me here in Texas .
Basically all I did was enter " Countrywide" or "Countrywide Plano, Tx" and such into the field, and BOA comes up numerous times along wwith other questiomable facades...such as Sabre...
The mortage scandals are all tied into these banks in someway or another, and it does not end here, it merely gets mitigated and passed along so nobody has any real extent of the damage done.
http://www.google.com/search?hl=en&safe=off&q=countrywide+plano+tx&oq=countrywide+pl&aq=1&aqi=g5&aql=&gs_nf=1&gs_l=mobile-gws-serp.1.1.0l5.2242.15575.0.18093.19.19.0.5.5.0.312. 2546.0j5j5j2.12.0.&mvs=0
and
http://www.google.com/search?hl=en&safe=off&site=&source=hp&q=countrywide+headquarters&oq=countrywide+head&aq=0&aqi=g5&aql=&gs_nf=1&gs_l=mobile-gws-hp.1.0.0l5.4600.17758.0.19063.18.18.1.5.5.0.409.17 35.3j7j1j0j1.12.0.
Includes results such as BOA, Counttywide, Sabre...a web of deciet from the top down, orchestrated to make things appear not as bad as they are, IMO..
IMHO, they should move to Navy Fed. I used BoA and USAA and the fact that all line of credit requests through both businesses are done by a computer bothers me. Navy Fed has ALWAYS reviewed my requests using a HUMAN. I had some financial issues in the past thanks to my ex and neither of the two would give me any assistance. I walked into a Navy Fed, without being a member, and requested an auto loan. 1 hour later I was at the dealership buying a car for the first time in 5 years. I would recommend this institution to Obama if I didn't think he would run them dry. Oh, and it is the largest credit union in the world, so thats a bonus.
KimuraFTW
04-21-2012, 07:59
Looks like I'll be making a switch come Monday...
DIYPatriot
04-21-2012, 09:59
TS- I already found a bank for Dusty and literally stumbled upon this one for you and anyone else that ever had a bad experience with BofA. Once upon a time, I banked (for lack of a better term) with them, too.
Your new BofA (http://yourbofa.com/#)
I quit banking at BoA years ago after they 'lost' car payments and cashed voided checks. In the many cases of 'lost' car payments, on several occasions I drove right over and gave them another check....only to have both checks clear the next day.
Considering BoA has laundered money for the drug cartels, it is somewhat of a surprise that they would turn away the business of a legitimate business such as McMillan. But then again the moment BoA got bailed out by the DC Mob they lost control of their operations
You know, BoA doesn't offer counter checks to their customer......no kidding. I was cashing a check at a BoA a few months bank. The lady in front of me requested some counter checks because BoA lost her check order and the Teller told her she couldn't get them. A Branch Manager interceded only to tell the lady she need to use her debit or credit card and that checks are so pass'e.
I never have those problems with the local bank down the street.
So judging from the comments posted so far I have come to the conclusion that this bank is not being very well run. I thought banks were in the business of handling peoples money, now if you piss off and run off the people who have the money just what kind of a bank will you have to run? There are a lot more of us out there than there are of them. Thanks for bringing this issue to our attention, hit them where it hurts!
DJ Urbanovsky
04-21-2012, 12:19
A visual aid, and one more reason not to use BofA. You'll have to scroll down a ways, because they made the top three...
http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html
A visual aid, and one more reason not to use BofA. You'll have to scroll down a ways, because they made the top three...
http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html
And yet another reason:
Bank Of America Forces Depositors To Backstop Its $53 Trillion Derivative Book To Prevent A Few Clients From Departing The Bank
http://www.zerohedge.com/news/bank-america-forces-depositors-backstop-its-53-trillion-derivative-book-prevent-few-clients-dep
The Reaper
04-21-2012, 16:35
I was with Ft. Sam Houston National Bank for many years before they were absorbed by BoA into a branch called BoA Military Banking.
They kept most of the FSH policies and are a lot less expensive to use than the main BoA.
At the same time, I also use a military credit union for my mortgage, credit cards, auto loans, checking, and savings.
The reason we kept the BoA account open was the sheer number of branches that we can use to cash checks, pay bills, etc.
I am wondering now if we really need that convenience.
TR
Red Flag 1
04-21-2012, 17:02
Been with USAA for decades. Will BOA change it's name to BOO? It should.
mojaveman
04-21-2012, 17:41
Been with BofA since '87 after they bought out Security Pacific but I think I might just write the CEO a letter and let him know how I feel. If they don't make ammends with McMillian then it's adios. Their service is not what it used to be anyway.
longrange1947
04-21-2012, 19:34
They will not make amends and will send you a standard form stating that their policy is to not do business with firearms manufacturers. They are actually proud of that s**t. That is how liberal the a**holes are.
You know, BoA doesn't offer counter checks to their customer......no kidding. I was cashing a check at a BoA a few months bank. The lady in front of me requested some counter checks because BoA lost her check order and the Teller told her she couldn't get them. A Branch Manager interceded only to tell the lady she need to use her debit or credit card and that checks are so pass'e.
I have to agree with the manager on that. I haven't used a paper check in years.
longrange1947
04-21-2012, 22:10
I have to agree with the manager on that. I haven't used a paper check in years.
I use them all the time. Guess I am old fashioned. :munchin :D
I use them all the time. Guess I am old fashioned. :munchin :D
That's right...ya got checks...ya got money...:D:D
I like handing exact change to cashiers these days.....throws them off when they have to count and actually engage their damn brains.
I use them all the time. Guess I am old fashioned. :munchin :D
Me too.
Word passed around, I'm not a BoA customer so that's a plus.
Destrier
04-22-2012, 08:12
TS- I already found a bank for Dusty and literally stumbled upon this one for you and anyone else that ever had a bad experience with BofA. Once upon a time, I banked (for lack of a better term) with them, too.
Your new BofA (http://yourbofa.com/#)
Thought Dusty used his mattress.;)
For anyone that uses a credit union, or is contemplating the switch to a credit union, one of the great services they offer is called "shared branching," in which the CUs are all network branched yogether.
The advantage here is that you can access your account and take care of all your banking/credit union needs at just about any other credit union.
So, for instance, if I am with Navy Federal Credit Union, but I go on vacation to a city that does not have Navy Federal, but does have an Intouch, or a Small Town CU (I made that one up) or any other CU, chances are high that they will offer shared services between differing branches.
Not all CUs are set up for this, but a majority across the nation do offer shared branching. You will have to check with your CU (or the one you are planning on joining), and of course the one you may be using while not at your home CU. Just ask if they offer shared services or shared branching.
There are limits, such as withdraw max of $500 per day, and you can't open or close your account at a shared branch (you have to visit your home CU for that).
DIYPatriot
04-23-2012, 07:51
Thought Dusty used his mattress.;)
You have a very valid point. I'm sure there's some safety deposit boxes (coffee cans) scattered around his property, too. :D
Their bank - their option.
My family and most of the ranchers/farmers in the area where I grew up in NorCal banked with BofA throughout the 50s-60s - then things began to change and, as they expanded, they became more 'corporate' and less 'regional' or 'personal' in their SOP which did not sit well with those who took a more personal approach to who they dealt with when it came to their finances.
My family left BofA in the mid70s and moved all of their accounts (which included a decent chunk of $$) to a local community bank with strong ties to the farming/ranching community and who better understood their personal needs.
I still ascribe to that philosophy.
And so it goes...
Richard :munchin
Bump.
Although I don't use BofA for the reasons I've previously stated, BofA has posted this on their official FB page after receiving a number of inquiries about the McMillan statement.
We want to let you know that we hear your comments and questions regarding one of our customers. While we cannot discuss the details of any individual client we work with, we can assure you the allegations being made here are completely false. Bank of America does not have a policy that prohibits us from banking clients in this industry. In fact, we have numerous, longstanding customers in the industry.
We are also extremely proud of our support of the US military and reject any assertion to the contrary. We count as clients many companies that provide for our nation's defense. We employ thousands of veterans, Guardsmen, and Reservists, and plan to increase our hiring this year.
Hmmmmm...:confused:
And so it goes...
Richard :munchin
KimuraFTW
04-24-2012, 07:34
Bump.
Although I don't use BofA for the reasons I've previously stated, BofA has posted this on their official FB page after receiving a number of inquiries about the McMillan statement.
Hmmmmm...:confused:
And so it goes...
Richard :munchin
It seems, as always, the truth lies somewhere in the middle...
I use BOFA for my checking. I started looking for a new bank after this McMillan thing. I hoped it was overblown but this statement by them seems like it's just damage control. Somewhat like a politician saying he "misspoke."
Why not put "the gun / firearms industry" in the message? Ray Fox should put out a statement saying this is not true and offer accounts for other gun industry businesses. But just because there is no "official policy" doesn't mean they don't support 2A industry.
I'm still looking for a new bank.
That letter on FB is pure BS. They hire veterans? What company that large doesn't? They plan to hire more? Is that to replace the ones that were culled in their layoffs during the last six months? The last two years?
No policy in place just means there is nothing to prevent them from doing what they did. I have a policy that I don't drink and drive, that doesn't mean that I've never done it.
On top of it all they don't really address the specific issue anyway. Just another great example of a bank trying to be freindly and on our side, as I stated in my first post in this thread.
:boohoo:boohoo:boohoo
KimuraFTW
04-24-2012, 09:11
That letter on FB is pure BS. They hire veterans? What company that large doesn't? They plan to hire more? Is that to replace the ones that were culled in their layoffs during the last six months? The last two years?
No policy in place just means there is nothing to prevent them from doing what they did. I have a policy that I don't drink and drive, that doesn't mean that I've never done it.
On top of it all they don't really address the specific issue anyway. Just another great example of a bank trying to be freindly and on our side, as I stated in my first post in this thread.
:boohoo:boohoo:boohoo
Wait...are you telling us that Bank of America can't be trusted?! :D
longrange1947
04-24-2012, 09:20
I call BS because during the great firearms debacle lead by libs and Nancy jerk off, they came out against Fire Arms Manufacturers at that time. They stated in a letter that they could no longer support those accounts.
Since this is a great California Institution, my guess is that they were following Pelosi and the Libs and got bit.
I will try to find the original statement, but my google fo is week.
I would love to stick this in someones ear and eye.
Wasn't everybody already boycotting "Bank of Illegals" for providing free banking and services to so-called "undocumented aliens"?
Bank of America's New Credit Card Targets Illegal Immigrants (http://www.foxnews.com/story/0,2933,251672,00.html#ixzz1syOI7QUq)
Even Snopes (http://www.snopes.com/politics/immigration/bankofamerica.asp)
DIYPatriot
04-24-2012, 10:13
This site may be of interest to some of you. If you're curious like me, you could spend quite a bit of time determining where businesses align with your personal choices by searching for them on this site. It could surprise you where some firms or individuals stand. If you wish to view how much is being spent by a particular firm for a particular cause (lobbying funds), then this is your microscope. You'll find a gargantuan amount of data here.
Bank of America (http://www.opensecrets.org/orgs/summary.php?id=D000000090&cycle=2012)
Obama (http://www.opensecrets.org/pres12/candidate.php?id=N00009638)
Pericles
04-24-2012, 13:35
I was with Ft. Sam Houston National Bank for many years before they were absorbed by BoA into a branch called BoA Military Banking.
They kept most of the FSH policies and are a lot less expensive to use than the main BoA.
At the same time, I also use a military credit union for my mortgage, credit cards, auto loans, checking, and savings.
The reason we kept the BoA account open was the sheer number of branches that we can use to cash checks, pay bills, etc.
I am wondering now if we really need that convenience.
TR
That was my experience until a few years ago. None of the people I knew are still there, and policies creep closer and closer to the rest of BoA.
I left and haven't looked back. Ft. Sam Bank is now just a fond memory and was the best bank ever.
Had a BoA credit card some years back, they routinely lost online payments and screwed up interest calculations, dumped the card as soon as I could, and never looked back. Currently with Chase and quite happy with them...
It is a little hypocritical of them for other reasons. Funny BOA doesn't mind being the company providing DOD with our travel cards. Wish I didn't have to support them, but unfortunately it is DOD policy thatvwe have to use the card to at least purchase our airline tickets and rental cars while TDY.:mad:
I've been employed by Uncle Sugar for almost a decade as a civilian and Soldier. DoD doesn't use BofA anymore to my knowledge. They switched companies years ago, at least in this neck of the woods (DC Metro). I wonder if there is any correlation due to BofA's past "misspeakings". :confused:
Had a BoA credit card some years back, they routinely lost online payments and screwed up interest calculations, dumped the card as soon as I could, and never looked back. Currently with Chase and quite happy with them...
I've had BOA checking account and credit card for years (since they took over Nations Bank) and have never had a single problem. They caught two fraudulent attempts to use my account and notified me immediately. I keep them because of convenience both at home and while traveling. Our main checking, savings, and credit card accounts are at a CU and SunTrust.
I have/had numerous accounts with Chase for over 40 years, both business and personal. Their computers (programing/hardware) were the most archaic of any bank I have ever done business with. It they hadn't been taken over by a smaller bank (can't think of the name) you would not see the name Chase on any bank today. My sister retired from JP Morgan Chase 8-10 years ago. Chase Credit Cards are the worst I have ever had. Try filling up two cars up at a gas station at the same time and see what happens!
:munchin
I've had BOA checking account and credit card for years (since they took over Nations Bank) and have never had a single problem. They caught two fraudulent attempts to use my account and notified me immediately. I keep them because of convenience both at home and while traveling. Our main checking, savings, and credit card accounts are at a CU and SunTrust.
:munchin
I'm stunned.
I've had BOA checking account and credit card for years (since they took over Nations Bank) and have never had a single problem. They caught two fraudulent attempts to use my account and notified me immediately. I keep them because of convenience both at home and while traveling. Our main checking, savings, and credit card accounts are at a CU and SunTrust.
I have/had numerous accounts with Chase for over 40 years, both business and personal. Their computers (programing/hardware) were the most archaic of any bank I have ever done business with. It they hadn't been taken over by a smaller bank (can't think of the name) you would not see the name Chase on any bank today. My sister retired from JP Morgan Chase 8-10 years ago. Chase Credit Cards are the worst I have ever had. Try filling up two cars up at a gas station at the same time and see what happens!
:munchin
QP WCH,
Chase's anti-fraud system is a bit sensitive(to say the least), and can be a annoying at times. Given my line of work(Information Security), I appreciate it though: case in point, they caught a series of small iTunes charges on my card which I unfortunately didn't even notice. I can't speak to their systems as I don't know anything about their infrastructure, I can say their online banking is quite solid IMHO. So far my wife and I have only had good experiences with their credit cards, though their rewards programs have been getting worse(they canned the Freedom Plus cash back bonus about a year ago :( ). I started out with Picatinny FCU, which is a great bank, but with limited locations, there wasn't much in convenience when I moved out of the area. One thing I can say for sure, as far as banks go, YMMV; almost everyone I know has had different experiences.
My .002
BigJimCalhoun
04-24-2012, 18:28
I think most who frequent firearm-related forums understand we are all in it together. Having said that, there are still many, like one of my former neighbors, who was fine with banning tactical rifles and handguns but not his .338.
I don't have a BofA account but if I did I would be supporting McMillan on this.
Utah Bob
04-25-2012, 17:28
Dumped them years ago over a number of issues. I went with a great local bank. The bastards bought out that bank and the next one I went with too.
I believe they were after me.:confused:
I use PenFed now.
Looks like the Freedom Group has refinanced with BofA :confused:. Here is a link to the refinancing report from Freedom Groups website dated April 19, 2012 Here (http://freedom-group.com/Director_&_Officer_Appointments,_Refinancings.pdf).
AngelsSix
06-19-2012, 20:15
That's it for me!!!!! I'll be changing banks ASAP! Please spread this around to all weapons and military websites!
Bank of America Tells McMillan Firearms
to Find Another Banker
Apparently it is not good enough that McMillan builds products used by our troops to safeguard our freedoms.
Apparently Bank of America is no longer willing to provide banking services to McMillan Group Int'l, LLC (McMillan), a leading maker of gunstocks and an important supplier of stocks, rifles, and other hardware to our U.S. Armed Forces.
Here's what went down. In the course of an "account analysis", a Senior VP of Bank of America (BofA) confirmed that BofA wished to cease doing business with McMillan because the Arizona-based company now builds rifles, not just stocks and accessories. The details of the fall-out between BofA and McMillan were outlined April 19 in a post by Kelly McMillan on McMillan's Facebook page.
HERE is the Text of McMillan's Announcement Regarding Bank of America:
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years. Today Mr. Ray F., Senior Vice President, Market Manager, Business Banking, Global Commercial Banking 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. F. 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 import[ant] 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 can not 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
McMillanUSA.com
Last name of Bank of America VP redacted at request of McMillan.
PSSST! Hey, Boss! You are WAY behind the power curve. I switched away from BANK OF AMERIKA years ago!;)
Bank of America appears to have an issue with the sales of firearms...
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.
This isn’t the first time Bank of America has targeted one of its customers for being involved in the Firearms industry. In fact, earlier this year McMillan Group International, who had been banking with Bank of America for 12 years, was told that their business was no longer welcome after they started manufacturing firearms. Operations director Kelly McMillan also used Facebook to warn its customers what was happening.
Sirochman, who has all the proper federal licensing, says he was told by Bank of America Management that the reason his deposits were being “held for review” was because Bank of America felt he “SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET”
Sirochman claims that his two-thirds of his deposits have been held for over two weeks, making it impossible for his small business to operate effectively. His full Facebook post can be read here.
http://unlawfulnews.com/bank-of-america-freezes-gun-manufacturers-account-tells-them-you-shouldnt-be-selling-guns/
https://www.facebook.com/permalink.php?story_fbid=10151384274052790&id=67153142789
http://www.americanspiritarms.com/
It should be noted that at this time nothing related to this alleged fiasco with BoA is present on americanspiritarms.com website. I emailed the company for confirmation and have not yet received a response.
But if this story proves to be true it would fall into line with stories that the Obama Administration is pressuring companies to restrict private sales of firearms.
https://www.google.com/search?q=obama+walmart+gun+sales&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial&client=firefox-a
Trapper John
01-07-2013, 15:56
BofA and all of the too big to fail boys can go piss up a rope as far as I am concerned. My recommendation, do your business with local credit unions, USAA, small brokerage houses, local banks, and the like. They are much more attentive to you as an individual and good ones are networked in such a way so that they can do everything the too big to fail boys can do - only difference is you will be in control and they won't screw you when your not looking.
Furthermore, BoA's response to me requesting SCRA protection while I was deployed actually made it more difficult to make payments.
So happy to be refinancing.
I was with Ft. Sam Houston National Bank for many years before they were absorbed by BoA into a branch called BoA Military Banking.
They kept most of the FSH policies and are a lot less expensive to use than the main BoA.
At the same time, I also use a military credit union for my mortgage, credit cards, auto loans, checking, and savings.
The reason we kept the BoA account open was the sheer number of branches that we can use to cash checks, pay bills, etc.
I am wondering now if we really need that convenience.
TR
TR,
I don't know if you know this, but with USAA you can use any ATM anywhere and the also refund the ATM fee's.
The Reaper
01-08-2013, 18:57
TR,
I don't know if you know this, but with USAA you can use any ATM anywhere and the also refund the ATM fee's.
I don't do ATMs.
I want someone working at the bank I can speak to and conduct business with.
TR
Stiletto11
01-08-2013, 18:58
BOA is the same bank that wanted to charge swipe fees to use your debit card to get your own damn money. They backed down when the press went nuts on them and exposed scheme. I'm using a local bank for check cashing and USAA for all direct deposits and all my other banking and insurance products.
Masochist
01-26-2013, 20:23
I've been employed by Uncle Sugar for almost a decade as a civilian and Soldier. DoD doesn't use BofA anymore to my knowledge. They switched companies years ago, at least in this neck of the woods (DC Metro). I wonder if there is any correlation due to BofA's past "misspeakings". :confused:
I believe it was because they lost data tapes containing info on more than a million federal travel card customers. I don't know what the final outcome of the investigation was by the Secret Service, but I remember shortly after having to redo our travel card information.
http://www.knox.army.mil/sja/documents/Adlaw/BOA_GTC_Loss.pdf