American Spirit Arms

On December 29, 2011, Joseph P Sirochman, the owner of American Spirit Arms posted this on Facebook, via Ironic Surrealism.

My name is Joe Sirochman owner of American Spirit Arms and I wanted to share my recent experience with Bank of America .(which we have been doing business with for over 10 years)…. Everyone is familiar with the latest increase in guns sales , dealers selling out of inventory , Manufacturers back logged for months , large revenue all generated in the last two weeks …. American Spirit Arms is no exception to the overwhelming demand . What we have experienced is that our web site orders have jumped 500 % causing our web site E commerce processing larger Deposits to BANK OF AMERICA ..Well, this through up a huge RED Flag with Bank of America . So they decided to hold the deposits for further review , meaning that the orders/payments that were coming in through the web ,( being paid by the customer and that were shipped out by American Spirit Arms ),the BANK was keeping (UNDER REVIEW ) you could imagine this made me furious…After countless hours on the phone with BANK OF AMERICA I finally got a Manager in the right department that told me the reason that the deposits were on hold for FURTHER REVIEW …HER EXACT WORDS WERE …


…I flipped the F**k Out and told them that they have no right to make up their own new rules and regs..that we are a firearms Manufacturer with all the proper licensing FFL (Federal Firearm license ), SOT and that we follow all Federal and All States’ rules and regulations on shipping Firearms and parts ..and that we are also Audited by ATF and Homeland
Security on a regular basis … She said that she understands that but that the deposits will be released After they have a chance to review and clear them …I told her that This was unacceptable and the those deposits (that were a week old by now ) needed to be released ASAP, that we are a small business and rely on the revenue to run and stay operational.

After that being said another Manager got involved and released one of the deposits (to help out )… So far to date after
Two weeks of sales only 1/3 of collected internet sales have been released ..I am still pissed and looking for another
Bank and options …
I just thought the public should know ..

I will keep everyone posted on new developments ..


Joseph P Sirochman
American Spirit Arms
16001 N Greenway Hayden Loop
Suite B
Scottsdale AZ 85260
480-367-9540 phone
480-367-9541 fax

Blogger Ironic Surrealism reached out to Joseph Sirochman and posted his response.




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  1. 29Dec2012, not 2011 :)

  2. Some high priced lawyer is going to have a field day with this. Assuming it’s all true.

  3. Anyone reading this who banks with Bank of America should close all accounts and bank eslewhere.

  4. Change banks immediately.

  5. What an interesting respond. Wait did I forget there was a strange mural showing puppet being manipulated in Bank of America connected with Shadow government who support psychiatric and gun control.

  6. I wonder if obama is involved. Didnt BOFA recieved some sort of bailout? if they did this could be there way of paying back obama.

  7. Bank of America?

    Or, Bank of Obamerica?

  8. cheers for exposing them. Now it begins, fighting back and we will win.

  9. #11 January 6, 2013 at 11:40 pm
    jony101 commented:

    I wonder if obama is involved. Didnt BOFA recieved some sort of bailout? if they did this could be there way of paying back obama.

    Only US$45B, US$25B from TARP in 2008 and an additional US$20B in 2009 (right after Barry was enaugurated) in emergency funds after taking over Merrill Lynch, with US$118B of government guarantees against bad assets. The additional bailout came with the US Treasury taking a stake in the bank.

    The US$45B in bailouts and US$118B in guarantees puts BofA as one of the most bailed-out financial institution of the fiscal crisis. WaMu (Washington Mutual) probably would have been larger if the government had decided to bail them out instead of screwing the investors, but then WaMu wasn’t on record of contributing to the 2008 Obama campaign as BofA is.

  10. Didn’t the firearm manufacturer MCMillan have problems with BOFA earlier this year? BOFA has a record of being anti-gun. The big banks aiding big government. Who would have thought.

  11. BoA’s been showing their lefty/elitist bent for years. This is just the most aggregious example. We moved our mortgage and closed our accounts with them over a decade ago for their attitudes, corporate and personal.

  12. You are also almost required (if you choose not to, which I did, everything is reduced to paper checks and is a pain in the ass for everyone) to have a BofA credit card for TAD/government travel expenses while in certain jobs in the US Military. There was no other option of financial institution. They charge interest, and late fees to the soldiers, even as the government which is requiring the soldiers to apply for BofA credit cards is late in paying the soldier’s travel claims. I’ve hated BofA since this scam began in the late nineties and refuse to do business with them.

  13. no bank has the Constitutional prerogative to freeze assets of citizens of the US nor US companies–

    Thomas More Law would be a start!


  14. OT: Great article on American Thinker:

    If Al-Qaeda is the enemy, why is the US Department of State recruiting and arming them? And if Al Qaeda is no longer the enemy, who exactly is Washington looking for with their warrantless wiretapping, metal detectors. bomb scanners, x-ray machines, warrantless physical searches and millions of scanning surveillance cameras?

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