These are the banks financing the assault weapons industry
JOSH ISRAEL at Think Progress
https://thinkprogress.org/banks-financing-guns-c985a46dd4d1/
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Bank of America
Bank of America has provided lines of credit to Vista Outdoor, Sturm Ruger, and Remington. The bank recently renewed a line of credit with a $40 million maximum to Sturm Ruger until June 15, 2018. It is also financing Remington, the maker of the Bushmaster XM-15 used in Sandy Hook, as the company prepares to file for bankruptcy.
On Saturday, a spokesperson for the bank said that it is engaging “the limited number of clients we have that manufacture assault weapons for non-military use to understand what they can contribute to this shared responsibility.” Representatives did not immediately respond to requests for comment on the bank’s next steps.
Bank of Montreal
Bank of Montreal has provided a line of credit to Vista Outdoor, the maker of the rifle Adam Lanza used to murder his mother before he shot and killed 26 people at Sandy Hook Elementary School. Representatives did not immediately respond to requests for comment.
Berkshire Bank
Berkshire Bank has provided a line of credit to Sig Sauer, the maker of the MCX rifle used at the Pulse nightclub in Orlando to kill 29 people and wound 53. Representatives did not immediately respond to requests for comment.
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