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#509338 03/23/18 02:31 AM
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Citigroup feels the need to tell their shooting sports industry customers how to run their businesses.

I did the only 'sensible' thing and closed a newly opened account.

My research on this company was inadequate before I decided to do business with them.

I'll be more careful in the future.


"The price of good shotgunnery is constant practice" - Fred Kimble
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What did Citigroup do to cause you to drop them?

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https://www.nytimes.com/2018/03/22/business/citigroup-gun-control-policy.html

Citigroup is setting restrictions on the sale of firearms by its business customers, making it the first Wall Street bank to take a stance in the divisive nationwide gun control debate.

The new policy, announced Thursday, prohibits the sale of firearms to customers who have not passed a background check or who are younger than 21. It also bars the sale of bump stocks and high-capacity magazines. It would apply to clients who offer credit cards backed by Citigroup or borrow money, use banking services or raise capital through the company.


Baluch are not Brahui, Brahui are Baluch
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Mmm, my gold Master card is from Citicards and it is also my AA Advantage card which gets a lot of $$ use.
It may be time for a change.

They were once a client of mine, but since I sold that business,,,


NRA Patron, TSRA, Whittington Center, DWWC,DRSS
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i closed my citi-corp acct in 1988.


Retired Military Aviation
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citicorp is in the very competitive bidness of lending money to make money...as such, they and their competition monitor social trends, looking for opportunities to increase market share...apparently, a marketing decision has been made by citicorp to appear to embrace the current promotion for more gun control...it is a calculated risk, that gambles loss of a certain segment of the market, in order to gain a larger overall market share...


keep it simple and keep it safe...
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Originally Posted By: ed good
citicorp is in the very competitive bidness of lending money to make money...as such, they and their competition monitor social trends, looking for opportunities to increase market share...apparently, a marketing decision has been made by citicorp to appear to embrace the current promotion for more gun control...it is a calculated risk, that gambles loss of a certain segment of the market, in order to gain a larger overall market share...

Maybe, they're enjoying their stronger bottom line over the last year and combining that with their appreciation of how data mining is steering the country in one direction to socialize with like minded folks at extravagant corporate entertainment events?

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Don't over think this.

They're just assholes.


"The price of good shotgunnery is constant practice" - Fred Kimble
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I'd cancel in a minute if I had their card. This kinda knee-jerk judgement is not anyone I'd want to bank with. I checked as soon as I heard of the policy change.
I don't own nor want an AR but as long as they treat me like I do, I'll respond in like manner.

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Originally Posted By: Shotgunjones
Don't over think this.

They're just assholes.



+1 Shotgunjones... best observation yet.

If I'm reading this, and Argo44's link correctly, Citibank is attempting to control its' business customers who sell firearms.

Since all gun buyers who buy firearms from FFL's are already required to pass a NICS Background Check, that requirement is meaningless. And since all parties seem willing to simply allow the ATF to ban the sale of bump stocks, that part is likely meaningless as well.

That leaves Citi's decision to try to prevent firearms retailers from selling long guns to adults under the age of 21... something some retailers such as Wal Mart are already planning to do. I have mixed emotions about that one. I know it is wrong on so many levels. But I also know that large numbers of young adults seem to be quite willing to give up their Constitutional Rights and allow themselves to be discriminated against because of their age. Part of me wants to try to save them from their own foolishness, but another part of me wants to let them hang themselves.

I think it is time we started talking about raising the age to drive a car, which would save hundreds of times as many lives. That might get their attention. And maybe it is time to talk about raising the age to vote since so many young people seem willing to give up our Constitutional Rights based upon emotion rather than reason.


A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.

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