Update on the Citibank Situation

From someone at NRA:

NRA-ILA has been made aware of an issue over business credit disapproval for scope mount and accessories manufacturer Warne Scope Mounts Company and Citibank SD.  At this time, we understand the specifics of the problem revolve around an industry code that was applied to Warne, a designation that seems to be incorrect.

Contact has been made to Citibank SD media relations and they have shared some general information.  That information has been relayed to Warne so that they may follow up directly with Citibank SD to resolve their specific problem.  ILA staff will follow-up with contact with Citibank SD to inquire regarding a review of their policies to help prevent these problems in the future.

At this time, it is not the opinion of NRA-ILA that Citibank is actively denying banking services or credit in an attempt to discriminate against firearm related businesses.  Rather, we believe that this is a problem created by a mistaken understanding as to the nature of business conducted by Warne. It is our hope that that particular problem will be resolved in the coming days.

As more information is learned, NRA-ILA will inform our members if it is found that this is not the case or if Citibank SD is uncooperative in dealing with these issues.

We might want to put out the torches and put down the pitchforks for now. It looks like this was likely a simple mistake.

6 Responses to “Update on the Citibank Situation”

  1. Robb Allen says:

    Why put away the pitchforks? Citibank simply mislabeled one company for a rule that ultimately is anti-gun at its core. We should just forget about that part?

    I assume Springfield Armory would get denied. But that’s perfectly ok?

  2. Sebastian says:

    The policy has to do with military suppliers, which might have a lot more to do with credit risk than the fact that Citibank hates guns.

  3. Miguel says:

    Robb…. torches and pitchforks only.. Sebastian said nothing about trebuchets loaded with greek fire.

  4. Sebastian says:

    If you have a trebuchet and greek fire, by all means. In fact, you should invite me over to play with that.

  5. Zermoid says:

    Can I get invited too? Sounds like fun!

  6. Link P says:

    Road trip!