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Bank Of America Clarifies Position on Guns and Banking

National Rifle Association

National Rifle Association

Fairfax, VA--(Ammoland.com)- Over the past few months, NRA-ILA received information from a few members detailing some problems that firearm-related businesses were having with Bank of America (BoA).

It appeared that BoA had adopted a policy of denying banking services to businesses associated with firearms. ILA staff contacted BoA corporate leadership and asked them to provide specific information regarding their policies.

In a conversation with Douglas K. Bland, a BoA Senior Vice President, NRA-ILA was assured that there was no such anti-gun policy.

Mr. Bland provided NRA-ILA with a written statement of their policy, which states “Bank of America does not have a corporate-wide policy to deny banking services solely on the applicant’s involvement in the firearms industry.”

NRA-ILA is pleased with this statement, but will continue to monitor business activities to ensure that gun owners and gun related business receive fair treatment. If you have had issues with Bank of America, please contact NRA-ILA so additional follow-up can be done. If needed, Mr. Bland has indicated his desire to assist with claims of unfair denial of services for firearms related reasons.

About:
Established in 1871, the National Rifle Association is America’s oldest civil rights and sportsmen’s group. Four million members strong, NRA continues its mission to uphold Second Amendment rights and to advocate enforcement of existing laws against violent offenders to reduce crime. The Association remains the nation’s leader in firearm education and training for law-abiding gun owners, law enforcement and the military. Visit: www.nra.org

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  • 8 User comments to “Bank Of America Clarifies Position on Guns and Banking”

    1. shark60 on June 2, 2010 at 10:05 AM said:

      My Bass Pro Rewards card is issued by BOA. I thought this controversy died some time ago.

    2. R D Boyles on June 2, 2010 at 10:27 AM said:

      So BoA says they have no corporate-wide policy. Is this the key word, corporate-wide? What about locally? This is suspect.

    3. ConcealThis.com – Your Concealed Carry Resource » Bank Of America Clarifies Position on Guns and Banking on June 2, 2010 at 7:40 PM said:

      [...] Full article… [...]

    4. Matt in AZ on June 2, 2010 at 9:28 PM said:

      Don’t let B of A off the hook yet!!! Look into their history of issuing credit cards to illegal immigrants, where you are not required to “give them the last 4 digits of your SSN” when you press “2?” for spanish (I don’t speak spanish and don’t care what number they have to push). They are supporting criminals and I will not patronize their company in any way, if I can help it.

    5. Brian Trotter on April 20, 2012 at 11:11 AM said:

      B of A just kicked out McMillan Firearms because they manufacture Firearms… Please research this…

    6. [...] hasn’t come up before. In 2010, the NRA learned from its members about a BofA policy of denying banking services to businesses associated with firearms: Fairfax, VA–(Ammoland.com)- Over the past few months, NRA-ILA received information from a few [...]

    7. I you want to take it a step further Merrill Lynch is owned by BOA.

    8. [...] out this article: Bank Of America Clarifies Position on Guns and Banking# RON Team 45-70 Member #197 Team 39 Member #48 FOR THOSE WHO HAVE FOUGHT FOR IT FREEDOM [...]

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