Bank of America freezes the account of a firearms manufacturer

First, let me introduce myself: My name is Steve Dennis and I am the founder, operator, and author of America’s Watchtower. Dean invited me to contribute to this great blog and I have gladly accepted that invitation and look forward to being a part of The DC Clothesline.

I have decided to post this short piece I wrote on my blog last week as my first contribution, while this is short I still think it is important because it shows us the fight we are currently up against in regards to the second amendment.

Here we go:

According to the owner of American Spirit Arms, Joe Sirochman, Bank of America has frozen his company’s account because they do not like the business he is in.

 Here is what Mr. Sirochman posted on Facebook:

My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review

In a way I can understand that position; suddenly Mr. Sirochman is making deposits which are much, much larger than normal so there is a chance there could be something fishy going on that the bank would like to take a look at. Kind of making sure everything is on the level, but that is not what is going on here.

Joe Sirochman was told this by a bank representative:

I finally got a manager in the right department that told me the reason that the deposits were on hold for further review — her exact words were — ‘We believe you should not be selling guns and parts on the Internet.’”(emphasis added)

Bank of America seemingly doesn’t believe that Joe Sirochman should be selling weapons and parts over the internet even though it is a legitimate and legal business venture.

Mr. Sirochman is now looking for another bank and I would suggest that anyone who is a gun owner or second amendment advocate who does business with Bank of America do the same.

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10 Responses to Bank of America freezes the account of a firearms manufacturer

  1. Karen says:

    This is not the first time that Bank of America has pulled this crap. As far as I’m concerned..this Rothschild owned institution can get the hell out of this country if they cannot respect our Constitution and Principles.

    http://www.ammoland.com/2012/05/kelly-mcmillan-answers-questions-if-bank-of-america-anti-gun/#axzz2HveTBmkp

  2. goingtribal2 says:

    I don’t know the “ins and outs” of the banking business and what the BoA’s “rules” are about where and how a legitimate businessowner and BoA account holder conducts business, but it doesn’t seem “legal” that BoA should be able to “freeze” these accounts based on what BoA “believes” … hope he takes whatever legal action he can … and bank locally and NOT with BoA – a wise man once told me “you vote with your feet” … and in this case with your “money.”

    • Steve Dennis says:

      I can understand why BOA would freeze the account because of unusual activity, but this goes way beyond that when they start determining which businesses they approve of and which ones they don’t . It is time for people to start walking away from BOA, that is all they will understand..

  3. heather spaniel says:

    What the HELL? Who do these people think they are? Since when can a bank tell you that you can’t do business with them if they don’t like the business your in? Are we in RUSSIA?

  4. Carlos Helms says:

    Ah…the attack of the Globalists.

    I put a lot of bankers on the same moral plane as many lawyers. BofA has grown far too big for its britches. Who really gives a darn what BofA thinks about my perfectly legal activities. They want my money? They OUGHT to be happy IF I CHOOSE THEM.

    But 30 years ago, Dad said BofA was crooked – and that was that. Haven’t looked their way since.

  5. Rebecca says:

    What a sham. I agree it’s time to take our banking elsewhere! Maybe the beginning of all kinds of violation of our 2nd Amendment in different forms than one might expect. If you can’t go through the front door then use other doors to come after us.
    Rebecca

  6. Pingback: Gun Hating Bank of America Strikes Again… | ALRA

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