Wells Fargo won't do business with "weapons" related businesses

[The Heretic]

I used to have wells fargo but they were no better than anyone else except maybe BoA, and they screwed over an employer I worked for (reneged on a loan) so I left them.

 

[decklin]

A lot of credit unions have shared branching. That's what I use.

 

[ZigZagZeke]

I use USAA as a banking services source along with a local bank. USAA gives me access to my accounts and on line depositing from anywhere in the world. I pay bills on line through the local bank.

 

[ma96782]

Banks and Credit Unions....love them and hate them.

I had something like $9,980 in an account at Columbia CU sitting for a rainy day.

I had opened the account because I thought the money would be used to help my community. Yes, banks and CUs lend money to borrowers that need money. Sometimes even locally. And, it's not on a one to one basis. That's how banks work. I can't fault them for charging interest to borrowers.

But then, I started getting charged a "maintenance fee" for parking my money. I went in and all the manager could say was that I had been notified prior to this charge. Humm....you're probably right. Trash mail from my bank went in the trash. Yes, I should have read it.

OK, OK, ok....it's my fault. Tell you what....

I withdrew my money. The interest I was getting was tiny anyway. I put the money into a stock account that didn't charge me to park it.

Columbia CU can _________ it.

Aloha, Mark

PS...I can see the day when the Banks and CUs will welcome drug money (even a legal Marijuana business) but not money from a firearms related business.

 

[The Heretic]

Marijuana shops are one of the businesses that the gov. doesn't want them to deal with.

It is a LOT less about money laundering than it is about politics and making it difficult for businesses they don't like.

OTOH, if it was only up to banks - or any other financial institution - they would gladly deal with criminals and lauder their money for them.

 

[PaulB47]

Just think of big banks as a branch of the Federal Government. Then it all starts to make sense.

We had a great community bank in Cody, Shoshone First. I could walk in there open carrying, and everybody would wave and say hi. It was an actual pleasure to do business or hang out there, and some were my friends.

Then Wells Fargo bought Shoshone bank, and the place in short order turned to bubblegum.

 

[RicInOR]

See Also:

CAN I FIND OUT IF MY BANK IS ANTIGUN

 

[TM-Salem]

I put my money into Silver

 

[Brutus57]

Just think of big banks as a branch of the Federal Government. Then it all starts to make sense.

We had a great community bank in Cody, Shoshone First. I could walk in there open carrying, and everybody would wave and say hi. It was an actual pleasure to do business or hang out there, and some were my friends.

Then Wells Fargo bought Shoshone bank, and the place in short order turned to bubblegum.

Pretty much the same happened to our old Puget Sound National Bank when Key Bank bought them out.

Brutus Out

 

[Brutus57]

It's called operation choke point, started under AG Eric Holder, of F&F fame...

"For the past several months, the U.S. Department of Justice has been pressuring banks to refuse service to businesses the DOJ is targeting politically, such as gun stores, in a program entitled Operation Choke Point."

Under the program, the DOJ, headed by Attorney General Eric Holder, is attempting to shut down various legal businesses, including firearm dealers, dating services, purveyors of drug paraphernalia and pornography distributors, by coercing financial institutions to close the bank and merchant accounts associated with these businesses.

Holder's Latest Scandal: DOJ Now Pressuring Banks to Refuse Service to Gun Stores

View attachment 306010

Oh Hell NO, they are going after porn, dating services and guns........

Saddle up!

Brutus Out

 

[cascadianliberty2012]

Hogue Inc: "Wells Fargo Refused Our Business Due to Weapons Manufacture." - The Firearm Blog

I told Wells Fargo to go FARGO themselves years ago when they tried charging me for a checking account. Yeah, because them lending out 100 dollars for every dollar I give them is a privilege I should be paying them for.

Credit Unions ftw.

 

[Czcombatman]

Wells Fargo fined $185 million for opening 2M phony accounts

Hummmm...... Knives and guns are bad oh yeah. Slight of hand my friends.