Bank of America Says No to Gunmaker
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 Bank of America in Arizona Turned Away Business With Firearms Manufacturer- Disputed!

Summary of the eRumor:  
This is a forwarded email that says a representative from Bank of America in Arizona told the Phoenix based McMillan Manufacturing company that the bank would no longer allow them to use their services because the company sells firearms and supports the second amendment.

The Truth:  
Kelly McMillan, the Operations Officer of McMillan Manufacturing in Phoenix Arizona, said that during two meetings with bank executives he was told that his company's business would no longer be welcomed by the Bank of America because his company manufactures firearms.  This according to an April 27, 2012 article by Fox News, which also said that a Bank of America spokesperson denied the claim.  

The article said that after meeting with the bank analysts that McMillan's company
"was not even offered an opportunity to restructure his debt or make some other deal, though his company has never missed a payment or bounced a check."

The bank spokesperson to Fox News by email and said that "Bank of America holds in high regard every right guaranteed in the US Constitution and all it's amendments, including the Second Amendment." 

updated 4/30/12

A real example of the eRumor as it has appeared on the Internet:


This is happening all around us and we are allowing this socialist government to keep growing. McMillian Mfg in Phoenix, Arizona, was contacted by Bank of America and informed that they will no longer be allowed to use their services ( Bank of America ) because they are in the firearm business and support the second amendment.

Please read the letter written by the CEO of McMillan Mfg. Mike Ross

Subject: From the Owners of McMillan Mfg. in Phoenix, AZ

I am fine with you re-posting it. Thank for your support.

Kelly D. McMillan
Director of Operations
McMillan Group International, LLC
1638 W Knudsen Dr
Phoenix, Arizona 85027
McMillan Integrity-Global Vision

Become a fan of McMillan on facebook

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, Marlet 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 let for him to say.

I think it is import for all Americans who believe in and support our 2nd amendment right to keep and bare 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
1638 W Knudsen Dr
Phoenix, Arizona 85027
McMillan Integrity-Global Vision


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