Originally Posted by Gabe Boehmer
I want to assure you all in TheFirearmsForum.com that I officially represent Wells Fargo as a spokesman. Also, I want to emphasize that I joined this forum to make sure Wells Fargo’s credit policy for firearms-related businesses is clear. Wells Fargo does not prohibit lending to arms or armaments industry borrowers. Indeed, Wells Fargo has current relationships with several major firearms-related companies. In the particular situation discussed in this forum, we weren’t able to reach a credit agreement with the customer. I’m able to participate in a discussion here about Wells Fargo credit in general, but will in all likelihood refrain from any further discussion regarding particular customers.”
Gabe - You say Wells Fargo has no policy against extending credit to the firearms industry, although the Sioux Falls, SD Wells Fargo branch denied me business credit and noted specifically the reason for denial was because I am a member of the firearms industry. Sounds like an opportunity for me to pursue legal action. Maybe you don't have a written policy, but you clearly have an unwritten policy.
I am not going anywhere and I will continue to explain the specifics of what happened to me and my exact situation until Wells Fargo changes their unwritten policies of discriminating against the firearms industry.