Pennsylvania Firearm Owners Association
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  1. #1
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    Default wells fargo won't block gun sales

    .

    Wells Fargo Stems the Tide: Not a Bank’s Job to Set U.S. Gun Policy


    Wells Fargo stemmed the tide of the push for new financial restrictions on gun makers and sellers by stressing that it is not a bank’s job to set U.S. gun policy.
    Wells Fargo believes firearm policy is a debate for Congress instead.

    According to Reuters, Wells Fargo chief financial officer John Shrewsberry said, “The best way to make progress on these issues is through the political and legislative process. In the meantime, Wells Fargo is engaging our customers that legally manufacture firearms and other stakeholders on what we can do together to promote better gun safety in our communities.”

    Wells Fargo’s refusal to place new regulations or stipulations on legal firearm manufacturers represents a break with Citigroup and Bank of America. On March 23, 2018, Breitbart News reported that Citibank now requires customers who own gun stores to stop selling long guns to anyone under the age of 21 and to quit selling “high-capacity” magazines as well.

    They also ask gun stores to refuse to sell any gun until an extended background check comes back conclusive, even though federal law recognizes that a federal firearms license holder can legally sell a gun if a check lasts three days and no incriminating evidence against the would-be buyer is found.

    Last week, Bank of America made clear they will no longer loan money to manufacturers that make “military-style firearms.”

    On March 9, 2018, Breitbart News reported that Visa refused to cut ties with semi-automatic rifle makers. In a statement conveying sentiment similar to Wells Fargo’s, Visa said it was not their job to “[set] restrictions on the sale of lawful goods and services.”
    http://www.breitbart.com/big-governm...-s-gun-policy/
    Ecclesiastes 10:2 ........... United States v. Cruikshank

  2. #2
    Join Date
    Oct 2012
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    Default Re: wells fargo won't block gun sales

    After their big faux pas a while back it would be in their best interest to not alienate any more people.
    If it ain't broke it ain't mine.

  3. #3
    Join Date
    Apr 2013
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    On top of a hill, Pennsylvania
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    Default Re: wells fargo won't block gun sales

    I have my Mortgage and my wife's accounts with Well's and I can tell you they absolutely suck when it comes to customer service, and dealing with escrow and property tax's, however this is a good enough reason for me to keep my money with them.

  4. #4
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    Feb 2007
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    next to my neighbor, Pennsylvania
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    Default Re: wells fargo won't block gun sales

    They've had shotguns with their name on it.

    Or was that wells cargo.

  5. #5
    Join Date
    Nov 2017
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    Fort Washington, Pennsylvania
    (Montgomery County)
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    Default Re: wells fargo won't block gun sales

    This was precipitated by the National Association of Teachers threatening to cut ties with Wells if they didn't go the anti-2A route. I have a mortgage with Wells and e-mailed them last week warning them they'd lose a hell of a lot more business (including mine) than they'd save if they allowed themselves to be bullied by the teachers union. I also pointed out that taking sides in a politically charged debate that will alienate millions of customers and has zero to do with your industry is a damn stupid business model. I was surprised to receive a two page response in the mail today....which is a much better experience than when I write my elected officials.

  6. #6
    Join Date
    Mar 2008
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    Akron, Pennsylvania
    (Lancaster County)
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    Default Re: wells fargo won't block gun sales

    Quote Originally Posted by Walleye Hunter View Post
    After their big faux pas a while back it would be in their best interest to not alienate any more people.
    They will open an account for anyone, even if you don't know it.

  7. #7
    Join Date
    Apr 2013
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    Default Re: wells fargo won't block gun sales

    Quote Originally Posted by FBG001 View Post
    This was precipitated by the National Association of Teachers threatening to cut ties with Wells if they didn't go the anti-2A route. I have a mortgage with Wells and e-mailed them last week warning them they'd lose a hell of a lot more business (including mine) than they'd save if they allowed themselves to be bullied by the teachers union. I also pointed out that taking sides in a politically charged debate that will alienate millions of customers and has zero to do with your industry is a damn stupid business model. I was surprised to receive a two page response in the mail today....which is a much better experience than when I write my elected officials.
    The only thing worse then the teachers union is ISIS.

  8. #8
    Join Date
    Sep 2009
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    Berkeley Heights, New Jersey
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    Default Re: wells fargo won't block gun sales

    sadly if my mortgage financier decided to full retard, I'd find it hard to move away. I really don't want another set of refi costs.

  9. #9
    Join Date
    Sep 2011
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    Zelienople, Pennsylvania
    (Butler County)
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    Default Re: wells fargo won't block gun sales

    This made me smile today.

  10. #10
    Join Date
    Dec 2014
    Location
    lewistown, Pennsylvania
    (Mifflin County)
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    Default Re: wells fargo won't block gun sales

    Quote Originally Posted by wallyone View Post
    They will open an account for anyone, even if you don't know it.
    good one .................

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