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It is currently Sat Feb 08, 2025 7:51 am
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Shooting Sport-Friendly Banks?
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DMS Arms
FFL / Dealer
Location: Graham, WA Joined: Mon Sep 19, 2011 Posts: 142
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I'm serious about this question. A bank who I have been using for the past 4 years just told me that their underwriters will not lend to a business in an "Undesirable" industry. "It would not look good in their portfolio" If anyone knows of a bank local, regional or national that supports us, please post or PM me with that information.
_________________Your Second Amendment Supplier! http://www.dms-arms.com
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| Wed May 06, 2015 2:06 pm |
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LadyShooter
Location: Olympia, WA Joined: Fri May 1, 2015 Posts: 141
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Undesirable industry? Geez.. that's messed up. Sorry I don't have a recommendation but would like to know who the bank was that turned you down.
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| Wed May 06, 2015 2:10 pm |
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KeystoneCowboy
Site Supporter
Location: Burlington Joined: Wed Aug 22, 2012 Posts: 6024
Real Name: Kyle
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I will speak with my wife. She is a Asst Manager at Skagit Bank. I know they wont bank with pot companies, but its due to them being federally insured and it not being federally legal. I would bet they would take on a FFL happily. They are a nice, local, family run bank.
_________________ Looking for: S&W Schofield 2x (.38/357) Coonan 1911 Nemo Omen JM Marlin 39M Tikka T3 Tactical(.308) BAR(.308) Ruger DA Revolvers
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| Wed May 06, 2015 2:20 pm |
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AR15L
Site Supporter
Location: Nampa, Idaho Joined: Thu Mar 17, 2011 Posts: 20125
Real Name: Rick
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| Wed May 06, 2015 2:22 pm |
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Mr. Q
Site Supporter
Location: S. Everett Joined: Thu May 2, 2013 Posts: 3088
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Seriously, who's the bank?
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| Wed May 06, 2015 2:27 pm |
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DMS Arms
FFL / Dealer
Location: Graham, WA Joined: Mon Sep 19, 2011 Posts: 142
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The bank in question started in a big red barn......
_________________Your Second Amendment Supplier! http://www.dms-arms.com
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| Wed May 06, 2015 2:33 pm |
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DocNugent
In Memoriam
Location: South King County, WA Joined: Thu Dec 8, 2011 Posts: 5844
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This one?  If so, it's not a bank - it's a credit union.
_________________M D "Doc" Nugent NRA RSO
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| Wed May 06, 2015 2:49 pm |
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DMS Arms
FFL / Dealer
Location: Graham, WA Joined: Mon Sep 19, 2011 Posts: 142
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DocNugent wrote: This one?  If so, it's not a bank - it's a credit union. Fair enough. They're a lender. Bank -- Credit Union Potato -- Potatoe Tomato -- Tomatoe Hugging ---- Sexual Assault  (Disclaimer: We in no way shape, manner or fashion condone or approve of Sexual Assault  )
_________________Your Second Amendment Supplier! http://www.dms-arms.com
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| Wed May 06, 2015 2:54 pm |
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AR15L
Site Supporter
Location: Nampa, Idaho Joined: Thu Mar 17, 2011 Posts: 20125
Real Name: Rick
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DMS Arms wrote: A bank who I have been using for the past 4 years just told me that their underwriters will not lend to a business in an "Undesirable" industry. "It would not look good in their portfolio" So, you're saying BECU, a.k.a. Boeing, a company that makes/builds warplanes to defend the U.S., won't lend money to an "Undesirable" industry? 
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| Wed May 06, 2015 3:09 pm |
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DocNugent
In Memoriam
Location: South King County, WA Joined: Thu Dec 8, 2011 Posts: 5844
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AR15L wrote: . . . BECU, a.k.a. Boeing, a company that makes/builds warplanes to defend the U.S., won't lend money to an "Undesirable" industry?  Their Board members are a pretty liberal lot, so they probably think the 2A is only for 'well regulated militias' . . . . 
_________________M D "Doc" Nugent NRA RSO
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| Wed May 06, 2015 3:18 pm |
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DMS Arms
FFL / Dealer
Location: Graham, WA Joined: Mon Sep 19, 2011 Posts: 142
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AR15L wrote: So, you're saying BECU, a.k.a. Boeing, a company that makes/builds warplanes to defend the U.S., won't lend money to an "Undesirable" industry?  Yes that is the precise term that the Business Services Specialist used after speaking with the "folks upstairs" aka the underwriters. They're more than happy to take my money and use it but when I ask them to use their money, I'm "undesirable". I'm looking at alternatives now for my banking/credit union options.
_________________Your Second Amendment Supplier! http://www.dms-arms.com
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| Wed May 06, 2015 3:20 pm |
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RENCORP
Site Supporter
Location: East of Japan, not by much. Joined: Fri Jun 3, 2011 Posts: 13009
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That - is fucking hilarious. The company that has made more money on planes equipped with guns and bombs than any other on the planet.
_________________ Give a man a fish, and he will eat for a day. Give a man a fishing pole, and he will drink too much beer, get tangled in fish line, hook himself in the nose casting, fall overboard, and either drown, or, go home hungry and wet. Give a man a case of dynamite, and he will feed the whole town for a year!
BE ON NOTICE: PRIVACY NOTICE: Warning - any person and/or institution and/or Agent and/or Agency of any governmental structure including but not limited to the United States Federal Government also using or monitoring/using this website or any of its associated websites, you do NOT have my permission to utilize any of my profile information nor any of the content contained herein including, but not limited to my photos, and/or the comments made about my photos or any other "picture" art posted on my profile.
You are hereby notified that you are strictly prohibited from disclosing, copying, distributing, disseminating, or taking any other action against me with regard to this profile and the contents herein. The foregoing prohibitions also apply to your employee, agent, student or any personnel under your direction or control.
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| Wed May 06, 2015 3:30 pm |
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RENCORP
Site Supporter
Location: East of Japan, not by much. Joined: Fri Jun 3, 2011 Posts: 13009
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BECU board member, going to work.
You do not have the required permissions to view the files attached to this post.
_________________ Give a man a fish, and he will eat for a day. Give a man a fishing pole, and he will drink too much beer, get tangled in fish line, hook himself in the nose casting, fall overboard, and either drown, or, go home hungry and wet. Give a man a case of dynamite, and he will feed the whole town for a year!
BE ON NOTICE: PRIVACY NOTICE: Warning - any person and/or institution and/or Agent and/or Agency of any governmental structure including but not limited to the United States Federal Government also using or monitoring/using this website or any of its associated websites, you do NOT have my permission to utilize any of my profile information nor any of the content contained herein including, but not limited to my photos, and/or the comments made about my photos or any other "picture" art posted on my profile.
You are hereby notified that you are strictly prohibited from disclosing, copying, distributing, disseminating, or taking any other action against me with regard to this profile and the contents herein. The foregoing prohibitions also apply to your employee, agent, student or any personnel under your direction or control.
The contents of this profile are PRIVATE and legally privileged and confidential information, and the violation of my personal privacy is punishable by law. UCC 1-103 1-308 ALL RIGHTS RESERVED WITHOUT PREJUDICE
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| Wed May 06, 2015 3:31 pm |
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DocNugent
In Memoriam
Location: South King County, WA Joined: Thu Dec 8, 2011 Posts: 5844
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DMS Arms wrote: . . . I'm looking at alternatives now for my banking/credit union options. I wonder where USAA (the bank associated with the insurance company) stands on your issue . . . . https://www.usaa.com/inet/pages/no_fee_checking_main?adid=icgsch46379837-VQ16-c-VQ6-18949168952
_________________M D "Doc" Nugent NRA RSO
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| Wed May 06, 2015 3:34 pm |
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tigershark
FFL / Dealer
Location: Stanwood, WA Joined: Tue Mar 5, 2013 Posts: 290
Real Name: Mike Williamson
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I switched to Wells Fargo. That was the first thing I asked them before I opened my account. My banker is a gun guy. We talked a bit and he told me that they will loan my gun business once I'm established. He also told me that many of their customers carry. The only thing they ask is if you do carry into the bank, conceal carry. I can fully understand that. If you look really close at their logo, it even has a coach gun barely visible. 
_________________ Certified in advanced gunsmithing, certified Glock armorer, FFL and all around good guy with a gun.
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| Wed May 06, 2015 3:39 pm |
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