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NRA-ILA FAX ALERT

(800) 392-8683 Fax: (703) 267-3918 groots@nra.org
Vol. 8, No. 22 11250 Waples Mill Road, Fairfax, VA 22030 6/1/2001


Bank of America Clarifies Policy

"...we do not have a company-wide policy preventing us from doing business with firearms dealers..."  
-- Bank of America response to NRA's letter  

When rumors began to circulate on the Internet that Bank of America (BA) had a policy of refusing business with firearms dealers, NRA sent a letter to the corporate headquarters asking for clarification.

BA wrote back, stating, "At Bank of America, we do not have a company-wide policy preventing us from doing business with firearms dealers. In fact, we do business with many companies that sell firearms...."

And while the BA letter would not go into detail regarding any situations involving a specific customer, it did state, "In the past, some of our BA Merchant Services, Inc., representatives may have discouraged certain customers from applying with us. There has been some confusion within our company and we are taking the necessary steps to ensure that our BA Merchant Services, Inc., associates are fully aware of our company's position."

 



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