McMillan Firearms Manufacturing

  • bret_clark
    Sparta, WI
    Posts: 9362
    #1277895

    From an E-Mail today

    Quote:


    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, Market 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 left for him to say.

    I think it is important 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 cannot, 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


    Unreal what is going on anymore

    floydthegreat
    Posts: 25
    #1079855

    Good for you Kelly I wouldn’t take their corporate crap any more either.I don’t like it when institutions change their way of doing business or policies,probably because somebody moved up the ladder and had a brainstorm(cute idea). I bank locally with good service so far,they have made some changes,but nothing the industry itself hasn’t done.I applaud you.
    Stan

    Hunting4Walleyes
    MN
    Posts: 1552
    #1079856

    While I agree if their sole purpose was to break ties with firearms manufacturers then this is BS. I have a feeling there are more issues at hand. Yes, the guy said what he said. One guy’s word does not represent the company as a whole. Now if there was another letter from his manager or someone else higher up in the company then I would be concerned. Looking at the quote below BOA has no problem working with Freedom Group. All I’m saying is something smells fishy.

    Quote:


    Elsewhere, talk of 8% area is out on the US$250m third lien senior secured notes from FGI Operating Co (Freedom Group Inc. The eight-year non-call three issue is being led by BofA Merrill, Deutsche Bank and RBC joint books. Proceeds of the deal, which is expected to price in the afternoon, will be used to fund bond tender offers. Freedom Group makes guns and ammunition.


    Randy Wieland
    Lebanon. WI
    Posts: 13484
    #1079899

    There are more entries on McMillan Firearms’ Facebook page with this. Best to read them and make up your own mind on the matter

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