Georgia Credit Union Bars Customers From Purchasing Guns With Their Own Money

[Rick Mason]

Georgia Credit Union Bars Customers From Purchasing Guns With Their Own Money >>> link to story

Georgia United Credit Union recently updated their User Agreement — you know, that wall of text that your financial institution flashes at you from time to time and which few people bother to read. The catch: If you rely on Georgia United Credit Union for your purchasing tool, like, say, a debit card, you may no longer use that to purchase firearms, ammunition, firearms parts, or accessories

I realize that this is in Georgia, which is far away from Indiana, but bad ideas spread much faster than good ideas. Especially bad ideas that want to take away our rights.

 

[Sigblitz]

You can't buy prescription drugs or cigarettes. That bank will fold.

 

[Nugget]

This feels like a story because of the headline, but I'm not actually sure there's anything to see here. Did you read the other types of "prohibited payments"?



You apparently can't use that account to buy tobacco, prescription drugs, condoms and other sex products, or anything else that they deem to be unclean. No reason to bank with them if you can't spend your own money.

 

[KellyinAvon]

.

 

[natdscott]

That bank will fold.

This is a "semantics" point to some, but if you look at how they are NOT regulated...

...due respect, that is NOT a BANK.

Credit unions have a lot of growing up to do, yet.

 

[Sigblitz]

Also can't pay for controlled substance (beer) for your safety, online gaming, lottery tickets, real property, lay-aways, check cashing services, alimony and child support.

So they're giving up their Florida customers?

 

[Cameramonkey]

Funny how they lump all kinds of lawful products in with unlawful products.
They can DIAF.

 

[Ark]

Competitive market. RIP to this loser credit union.

 

[Sigblitz]

.

 

[BehindBlueI's]

The Credit Union's response:

Recently, part of our account agreement was shared without full context, causing confusion. The information shared only pertains to person-to-person payments and does not reflect how members can use their money. The terms stated are standard, applying for most payment services.

It's another Paypal/Venmo/Apple Pay situation, not letting you buy weapons, tobacco, etc. in person to person transactions.

No effect on person to business transactions.

How burdensome that is is up to the consumer. I don't use any of these payment methods, having closed Paypal a few years ago, and largely due to the lack of any sort of protection and because screw them.

 

[Leo]

Gun shops have been having trouble with credit card services for a number of years.

Just think about CBDC run by the government, Whatever accounts that are not hacked and robbed blind the first day, will be shut off due to unapproved activity.

 

[Sigblitz]

The Credit Union's response:



It's another Paypal/Venmo/Apple Pay situation, not letting you buy weapons, tobacco, etc. in person to person transactions.

No effect on person to business transactions.

How burdensome that is is up to the consumer. I don't use any of these payment methods, having closed Paypal a few years ago, and largely due to the lack of any sort of protection and because screw them.

I see that now, a P2P service offered by the credit union. Probably something like cash ap?
Also prohibited,

Tax payments

we may also block and/or reverse payments that involve donations or payments to any charity or non-profit organization unless we have performed appropriate due diligence on and investigation of such charity or non-profit organization

 

[MCgrease08]

Oh, just person to person transactions. All good then. That added context makes it soooooooooo much better.

 

[Sigblitz]

But I get the warm fuzzies when I donate to my favorite charity.

 

[BehindBlueI's]

Oh, just person to person transactions. All good then. That added context makes it soooooooooo much better.

Well, better than the ******** media story that kicked it off when it said you can't use a debit card to make the purchase. It's the same as every other person to person service, so not sure why they singled out this particular one.

Like I said, it's up to the customer to decide how burdensome it is, and I don't use any of the p2p pay systems because of lack of protections and because screw them. But decide based on what it actually is, not what the media says it is.

 

[JCSR]

 

[edporch]

I had a one man gun shop I used to go to several years ago that is no longer around that always listed anything he sold as "Sporting Goods".
Plus the name of his business gave no indication it was a gun shop.
There's no way the bank would know when the card was run.

 

[sharpetop]

A solution to the problem is to find a different financial institution to do business with or pay with cash!

 

[DadSmith]

Georgia Credit Union Bars Customers From Purchasing Guns With Their Own Money >>> link to story

Georgia United Credit Union recently updated their User Agreement — you know, that wall of text that your financial institution flashes at you from time to time and which few people bother to read. The catch: If you rely on Georgia United Credit Union for your purchasing tool, like, say, a debit card, you may no longer use that to purchase firearms, ammunition, firearms parts, or accessories

I realize that this is in Georgia, which is far away from Indiana, but bad ideas spread much faster than good ideas. Especially bad ideas that want to take away our rights.

Looks like they have volunteered to find out if it will effect their business.
If they don't go belly up, or lose a lot of customers by this others will follow their lead.

If this catches on. Being capitalists I can see a conservative bank starting up and getting our business.

 

[Mgderf]

The Devil went down to Georgia, lookin' for a soul to steal, so he thought, "I'll start with this credit union..."