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Posted: Thu Mar 15, 2007 8:16 am Post subject: Bank of America boycott hits home
Bank of America boycott hits home
Colin Guy Staff Writer
Midland Reporter-Telegram
03/15/2007
Bank of America continues to come under fire following its implementation last month of a pilot program critics say allows illegal aliens to obtain credit cards, a policy that has led at least one local business to sever its ties with the financial institution.
Kenneth W. Davis, owner of Great Western Drilling Company, told the Reporter-Telegram in a phone conversation from his Fort Worth office his company, which maintains offices in Midland and seven other cities, no longer will do business with Bank of America.
Davis' objection is based on a pilot program the company began in Los Angeles County, Calif. last month that permits customers who have had a checking account in good standing for three months to receive a credit card with a tax identification number in lieu of a Social Security number and a Matricula Consular card, which are issued by Mexican consuls, rather than a driver's license or other form of identification issued by the United States government.
"I suppose in a limited sense, the thing that concerned me was it's one more step in a series of things going on in the country that makes it easier for people here illegally to conduct business like an ordinary American citizen does," Davis said.
Davis indicated Bank of America processed millions of dollars each month in payables and receivables, business he now plans to take to one of the company's largest competitors.
Additionally, he said the charitable foundation he operates, which issues around $500,000 in grants each year, no longer will support organizations that conduct business with Bank of America.
Midland resident Kay Crawford said she, too, is pulling her accounts from Bank of America.
"I've been with them for close to a decade, but I strongly disagree with offering credit cards to illegal immigrants in this day and time of terrorism," Crawford told the Reporter-Telegram.
William Gheen, president of the Americans for Legal Immigration Political Action Committee and director of a boycott against Bank of America, told the Reporter-Telegram he has received e-mails from numerous people opposed to the bank's pilot program who have closed small bank accounts at Bank of America consisting of a few thousand dollars, as well as from several medium-sized companies. The bank stands to lose a minimum of "tens of millions of dollars," he said.
Gheen said he believes the program is intended to specifically target illegal aliens, because Mexican nationals who are in the United States legally have forms of identification other than Matricula Consular cards to verify their identity, such as passport numbers or information from green cards.
"Any bank accepting Matricula Consular cards is targeting illegal aliens," he said.
Britney Sheehan, a spokeswoman for Bank of America, disputed the allegation the financial institution is targeting illegal immigrants. She said the pilot program is intended to assist existing customers in developing a credit history by providing them with a secured credit card with a very low spending limit. She added the program is in compliance with the nation's laws, including the USA PATRIOT Act.
Section 326 of the law, which relates to regulations for the identification and verification of account holders at financial institutions, outlines a set of minimum requirements for banks. The law requires financial institutions to verify the identity of any person seeking an account "to the extent reasonable and practicable" and requires the bank to maintain records of "information used to verify a person's identity, including name, address and other identifying information." Additionally, banks must compare the name of the applicant to lists of known or suspected terrorists.
The law also requires the U.S. Treasury Department, in consultation with the appropriate federal regulators, to study issues such as how to handle foreign nationals who wish to open an account and provide suggestions to Congress.
Recommendations issued by the Treasury Department would require financial institutions to accept one or more of the following:
"A U.S. taxpayer identification number; a passport number and country of issuance; an alien identification card number; or the number and country of issuance of any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard."
This regulation would include Matricula Consular cards issued by Mexican consuls, a document that has some concerned is not reliable enough.
Gheen said the leaders of his organization have been able to obtain several forged Matricula Consular cards and indicated, ironically, members of his organization have contacted major banks in Mexico and found they would not even accept the documents for verification purposes.
Rep. Tom Tancredo (R-Colo.) has expressed concern forged Matricula Consular cards could be used by terrorists to open bank accounts and has urged Attorney General Alberto Gonzalez and Department of Homeland Security Secretary Michael Chertoff to look into the program, according to a report in the Baltimore Sun
Hector Raul Acosta, who heads the Mexican consulate in Presidio, told the Reporter-Telegram he is aware of no instances of fabrication of Matricula Consular cards occurring since the security features of the documents were upgraded about five years ago. He said the form of identification is one of the most trustworthy worldwide and emphasized this was not his personal opinion, but that of recognized security experts.
Joined: Apr 10, 2006 Posts: 32918 Location: Texas - The Lone Star State
Posted: Thu Mar 15, 2007 12:20 pm Post subject:
More Texans need to step up and tell Bank of America what they think of those Credit Cards for illega aliens and the acceptance of the Mexican Matriculas.
Dixie _________________ Englishmen, who have no right in this kingdom of France, the King of Heaven sends you word and warning...depart into your own country... Joan of Arc.
I dropped my checking and credit card the other day with them. When the Manager asked me why I was leaving I told her "I don't support businesses that purposely break the law." She tried to tell me they weren't. But then I showed her it was against the law to aid an illegal alien.
Joined: Jun 07, 2006 Posts: 8667 Location: Oregon (pronounced "ore-ee-gun")
Posted: Thu Mar 15, 2007 4:53 pm Post subject:
d3stroyer:
Hey, welcome aboard.
'Good job' on shutting down the BoA accounts!
Feel free to ask if you have questions, need anything, etc.
Enjoy. _________________ "If my family wasn’t safe, what makes you think yours will be?"
-Danielle Bologna (whose husband and sons were murdered by felon, gang member, illegal alien, Salvadoran Edwin Ramos)
Joined: Jun 24, 2005 Posts: 8525 Location: North Carolina
Posted: Thu Mar 15, 2007 5:01 pm Post subject:
d3stroyer wrote:
I dropped my checking and credit card the other day with them. When the Manager asked me why I was leaving I told her "I don't support businesses that purposely break the law." She tried to tell me they weren't. But then I showed her it was against the law to aid an illegal alien.
Hi d3stroyer!
Welcome & thanks for dropping BoA like a hot potato.
Welcome d3stroyer! Glad you are here! _________________ The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing- Albert Einstein
More Texans need to step up and tell Bank of America what they think of those Credit Cards for illega aliens and the acceptance of the Mexican Matriculas.
Im not taking sides with BoA nor am I against it either but I really dont think BoA will care if ppl close thier bank accounts around here. I live in the
Midland Odessa area and the marority of the redsidents here are Hispanics.... mostly all of Texas is since I have lived in San Antonio (the reason ppl go there is for its Mexican culture) and El Paso (likewise) and also in Dallas (like wise).... I could go on. So in other words BoA loose some clients but they gain some more too.
MR. BUSHMAN RULES!!! _________________
"The alien who resides with you shall be to you as the citizen among you,"
WHY CANT WE ALL JUST GET ALONG
Last edited by NEWBREED on Tue Mar 20, 2007 3:51 pm; edited 3 times in total
"The alien who resides with you shall be to you as the citizen among you,"
I think not.
The ILLEGAL ALIEN who resides not with us but among us are breaking the LAWS of the Land, disrespecting the citizens of the land, killing the citizens of the land to the tune of over 4000 per year and therefore, is not to be considered a 'citizen among anyone.' They are to be considered criminals among us. _________________ <strong>"Patriotism is supporting your country all the time, and your Government when it deserves it"</strong> -Mark Twain
Joined: Jun 07, 2006 Posts: 8667 Location: Oregon (pronounced "ore-ee-gun")
Posted: Tue Mar 20, 2007 1:38 pm Post subject:
Quote:
MR. BUSHMAN RULES!!!
(I pre-emptively edited out what I was going to post right here - needless to say, it was not supportive of the 'decider'...)
In short, I will say this: He is supposed to govern, not rule. _________________ "If my family wasn’t safe, what makes you think yours will be?"
-Danielle Bologna (whose husband and sons were murdered by felon, gang member, illegal alien, Salvadoran Edwin Ramos)
(I pre-emptively edited out what I was going to post right here - needless to say, it was not supportive of the 'decider'...)
In short, I will say this: He is supposed to govern, not rule.
Whatever, you got my point. And why do you put these little mad faces are you mad at me??? what did I do to you?....weird
Anyhow Im talking about ICA president John Bushman (Mr. Bushman) which owns half of Odessa (Midlands twin city) and has done his fair share of developing and enhancing the west Texas economy in ways that benefit many of its residents like me. _________________
"The alien who resides with you shall be to you as the citizen among you,"
WHY CANT WE ALL JUST GET ALONG
Last edited by NEWBREED on Tue Mar 20, 2007 3:43 pm; edited 1 time in total
Joined: Jan 18, 2007 Posts: 2247 Location: Illegal Sanctuary, Illinois
Posted: Tue Mar 20, 2007 3:42 pm Post subject:
This is great news!
Quote:
Britney Sheehan, a spokeswoman for Bank of America, disputed the allegation the financial institution is targeting illegal immigrants. She said the pilot program is intended to assist existing customers in developing a credit history by providing them with a secured credit card with a very low spending limit. She added the program is in compliance with the nation's laws, including the USA PATRIOT Act.
Whether they are "targeting" illegals or not, they have yet to say that they will not give any illegal alien credit or refuse any form of doing business with them. So in essence, unless they publicly denounce the practice, they really need to stop the victimization act.
Joined: Jun 07, 2006 Posts: 8667 Location: Oregon (pronounced "ore-ee-gun")
Posted: Tue Mar 20, 2007 3:52 pm Post subject:
NEWBREED wrote:
Quote:
Quote:
MR. BUSHMAN RULES!!!
(I pre-emptively edited out what I was going to post right here - needless to say, it was not supportive of the 'decider'...)
In short, I will say this: He is supposed to govern, not rule.
whatever. you got my point. why do you put these little mad faces :twisted: :evil: are you mad at me??? what did I do to you?....weird
Anyhow Im talking about ICA president John Bushman (Mr. Bushman) which owns half of Odessa (Midlands twin city) and has done his fair share of developing and enhancing the west Texas economy in ways that benefit many of its residents like me.
Ah, ok, I see. I'm sorry - 'my bad'. Since I don't live anywhere near there, I had no way of knowing who(m) you were talking about - I assumed [I know what happens when a person assumes..!] incorrectly, of course, that you were alluding to our current "decider" who also comes from that part of the world too.
Just a disclaimer: not everyone here is a fan of Dub-ya, so anything that even remotely sounds 'warm and fuzzy' toward him is probably going to catch some negative criticism - that's where I thought you were coming from in all this... thanks for the clarifier. And, no, I'm not mad at you - I just don't agree with the OBL view of the situation. _________________ "If my family wasn’t safe, what makes you think yours will be?"
-Danielle Bologna (whose husband and sons were murdered by felon, gang member, illegal alien, Salvadoran Edwin Ramos)
Joined: Jun 07, 2006 Posts: 8667 Location: Oregon (pronounced "ore-ee-gun")
Posted: Tue Mar 20, 2007 4:11 pm Post subject:
Yep, it's cool, 'it's all good'.
-PhE.
_________________ "If my family wasn’t safe, what makes you think yours will be?"
-Danielle Bologna (whose husband and sons were murdered by felon, gang member, illegal alien, Salvadoran Edwin Ramos)
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are you mad at me??? what did I do to you?....weird