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Citi bank restricts gun sales

From the above linked article:
"The bank will require retail clients to only sell guns if the customer has passed a background check, to restrict sales to people under 21, and to refuse to sell bump stocks or high-capacity magazines. Bump stocks enable a semiautomatic rifle to fire faster."

I'm guessing this will impact almost zero of their customers; especially the first condition.
I can't imagine any retailer large enough to have citi bank financing that could be selling without doing background checks... sound like another dumb dicks move that will only harm them, as is their right to do.
 
I had a good friend one time that came down with the big "C" in his early fifties. I asked him how he was feeling and he said it was like getting nibbled to death by a duck.
 
Dang. I never get o cancel an account. No business with them. Never have, never will.
 
Two years ago I decided to change banks. I was banking with Wachovia that became Wells Fargo. I wanted to stay with a local bank. I went to First Citizens, the local branch manager assured me they were gun business friendly. After opening an account with them they decided not to offer me merchant account services. I took the time to talk with the VP of Merchant Services and he said I did non face to face transactions was the reason they would not extent to my business a merchant account. I explained that I operated within the confines of both federal and state law. He said that did not matter. This most likely was prompted by the Obama Administration "operation Choke Point". I promptly closed that account. I checked with Sun Trust, PNC, RCB, BOA, NCNB, and many others none wanted to business with a "Gun Business". I discussed this with a customer, who at the time unknowing to me was a Board member of BB&T bank. Two days later I got a call from a Local BB&T bank manager, he said he would love to talk with me about opening an account with them. I met with him and have been doing business with BB&T ever since.
Nat Lambeth
 
This should not come as a shock to anyone. They have been very anti-freedom for a very long time. They were part of the spear head in the first round of discriminating against the industry.
 
Two years ago I decided to change banks. I was banking with Wachovia that became Wells Fargo. I wanted to stay with a local bank. I went to First Citizens, the local branch manager assured me they were gun business friendly. After opening an account with them they decided not to offer me merchant account services. I took the time to talk with the VP of Merchant Services and he said I did non face to face transactions was the reason they would not extent to my business a merchant account. I explained that I operated within the confines of both federal and state law. He said that did not matter. This most likely was prompted by the Obama Administration "operation Choke Point". I promptly closed that account. I checked with Sun Trust, PNC, RCB, BOA, NCNB, and many others none wanted to business with a "Gun Business". I discussed this with a customer, who at the time unknowing to me was a Board member of BB&T bank. Two days later I got a call from a Local BB&T bank manager, he said he would love to talk with me about opening an account with them. I met with him and have been doing business with BB&T ever since.
Nat Lambeth
Wells Fargo acquired Wachovia 10 years ago. Wachovia was one of the original anti-gun banks, and BB&T was also on the list of anti-gun banks.
 
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Don't use my Citicard for much these days but from now on I will use it primarily for gun stuff. I like their virtual account number feature for online purchases. This move by Citibank is ill conceived at best. Mala Prohibita laws not withstanding, it is never a crime to buy something.
 
https://www.politico.com/story/2018/03/22/citi-clients-restrict-gun-sales-881040

The story is carried in a lot of places. Just FYI for those with a Citi card in your wallet.

Not trying to get into a political debate.
Citi is contributing to a "death by a thousand cuts". This move is a managed, perceived anti-gun stance that is essentially meaningless. Citi wants to be seen as being on the politically correct side of a trend; foster goodwill with their customers regarding child safety awareness, contributing to gun regulation momentum, and further restrictions. This new policy, while toothless, is primarily a cynical PR feel good soundbite that is viewed positively from (i'd guess) 99.99% of their retail customers.
 
Medic505,

the easiest solution is to do what I did 28 years ago: marry a woman that makes about 10% more than you do.

I never heard the word "We" in terms of income or shared resources. Until that day I paid the new house off. It was like the intro to Dickens' "Tale of Two Cities..." where he says "it was the best of times, it was the worst of times...".

I really don't want to talk about it any more than that.

Rich
 
Medic505,

the easiest solution is to do what I did 28 years ago: marry a woman that makes about 10% more than you do.

I never heard the word "We" in terms of income or shared resources. Until that day I paid the new house off. It was like the intro to Dickens' "Tale of Two Cities..." where he says "it was the best of times, it was the worst of times...".

I really don't want to talk about it any more than that.

Rich
10% is not close to enough IMO
 
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I formerly banked with Wells Fargo.No More
I went to First Citizens, " they wanted my business", then said no merchant account because I was an FFL. I ditched them. Was called by BB&T. They wanted my account, no restrictions because I was an FFL. Have been very pleased with BB&T.
Nat Lambeth
 
Citi is contributing to a "death by a thousand cuts". This move is a managed, perceived anti-gun stance that is essentially meaningless. Citi wants to be seen as being on the politically correct side of a trend; foster goodwill with their customers regarding child safety awareness, contributing to gun regulation momentum, and further restrictions. This new policy, while toothless, is primarily a cynical PR feel good soundbite that is viewed positively from (i'd guess) 99.99% of their retail customers.
Rusty, what facts do you on this? So 90% of of Citi Bank customers are anti-gun?....BS
Ben
 

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