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Kelly McMillan, McMillan Group International director of operations, who claims Bank of America denied doing business with the company because it manu...
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A small business is accusing Bank of America of dropping its account because it's a gun manufacturer.
-- group international says the Bank of America officials told him the bank had to assess the risk of doing business with the firearms company.
Bank of America they deny the claim the director of operations -- MacMillan joins me now by telephone.
Kelli thanks for joining me I know you guys were eager to get in front of a camera but we appreciate.
You're talking to us about the story tell us what happened.
Well just there's -- who reported earlier.
Mr.
Lutz came to my eight opposite under the guise of having -- annual.
Carol review mr.
fox being the Bank of America person absolutely does matter of fact he was a senior vice president which kind of took -- very surprised because.
I'd never -- a senior vice president and -- before so.
It basically you started to talk about the business and how it has transitioned growth.
Making parts for firearms into -- firearms manufacturer which really wasn't true but that was his assessment.
Well what's the problem with that from this -- You really can't comment on why they have a problem with the village.
I'll I can say is that when I asked mr.
sparks if he was going to tell me that Bank of America -- longer wanted my business.
Because that manufactured fire chief told me that that's correct.
He said the Bank of America had to assess the risk of doing business with the firms may fracture.
And when are you replied in this -- decision was a political decision he suggests it is wow you know.
Let me tell you this and let me ask you this though because I think the first question on our viewers' minds is going to be.
It failed to make up payment on -- -- was there some kind of financial problem you had the Bank of America was punishing you for.
Have never missed a payment have.
Never bounced a check.
We've been businesses.
Banking with him since that 1998.
Almost fourteen years.
Every year that they tempest -- in the past they've asked -- what can we data to help you become a better customer what can we do that provide services Korea.
Wow so this was it.
So a fourteen year relationship they're willing to throw out the window.
-- would you respond to what Bank of America said in response to us here's what they said.
We have no policy they say that prohibits us from financing gun manufacturers.
Any allegations to the contrary are false now that's what we got from their PR departments.
Do you stand by what you said.
Cafeteria has never made any comment about what banks America's policies are I've never even made any statement about.
Why I think they did this everything that I have -- -- has been about the communications that I've had with.
-- mr.
structured with mr.
-- and they are representatives of Bank of America so I always did was basically.
We port.
What happened in these meetings.
I don't know what Bank of America's policy.
-- two quick questions for you to wrap up here have you found another bank to do business with a and B.
You're one of four million small businesses that -- does business or did business with Bank of America what's the lesson here.
Well I will tell you that we are in the process of finding another bank it will be 82 amendment friendly banks.
It will be be financially solvent bank.
-- -- -- -- -- -- Business with a bank -- that is.
Large in debt having problems paying its -- and -- losing money.
I don't wanna make sure that I can be proud.
Them as a bank as they can be proud of -- discussed.
While fascinating Kelli thanks for helping us out tonight.
And fascinating.
