Why is Bank of America allowed to open accounts for illegal aliens with a first name?
Posted by admin in Finance Monday, 7 November 2011 05:21 9 Comments
only. No SS# required. Bank of America is a federally charted bank and somewhere in that charter there must be a paragraph regarding obey the laws of the federal government. Opening accounts for illegals is against the FEDERAL LAW. Why is this allowed. Is the Bank of America setting it’s self up for the next bank failure. What about the discrimination laws? if I need a SS# and you need one isn’t that discrimination? In my area they have opened credit cards and maybe mortgages.
The Democrat Party strong supports ILLEGAL Immigration as well as a lot of other illegal activity. The Democrat Party feels that if they let as many poor illegal immigrants into the country as they can then make them legal they will vote for the Democrat Party. That is why the Democrat Party has fought to let felons vote and fought against anything that makes voters prove who they are. It’s ironic that the Democrat Party was requiring people to show their drivers license to attend meetings to discuss issues though want anyone and everyone to be able to vote as many times as they want.
let them crash. all i know is i will not bail the banks out again. we need to start protesting banks helping illegals. wood forest that is located in walmart does the same thing.
when will all the insanity stop?
Nothing personal, just business
B of A hand their greedy little fingers in all sorts of money schemes that had Federal, State and local funding available for immagrants (both legal and illegals) after President Bush granted the amnesty back in 1996…..these people obtained loans of all sorts—mortgages, business, auto, personal, credit lines of up to $50,000 and more—-most jilted on the loans and had sent a vast amount of money back into Mexico—to their families there…..over the past 15 years—-the banks have increased fees—increased interest rates—stopped loaning money to the average american citizen—why do you think Obama has stopped their victimizing those customers who remain?…..nonetheless—the immirgrants/illegals—are stripping our nation of its wealth due to Mexico’s peso value being worthless about 15 years ago…..coincidence?—-I think not….
The person may have an ITIN number, which allows illegals to open up bank accounts and pay taxes.
Well because they found an un-tapped market! and that benefits all of us. And it’s not only BofA either.
NEW YORK (CNN/Money) – The banking industry is opening its doors to a controversial new market: illegal immigrants.
Despite heated political debate in Washington over illegal immigration in the United States, an increasing number of banks are seeing an untapped resource for growing their own revenue stream and contend that providing undocumented residents with mortgages will help revitalize local communities.
http://money.cnn.com/2005/08/08/news/economy/illegal_immigrants/
Great answer Rejji
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ for liar loans
And this is exactly why this bank was going under. No illegal should be allowed to own anything in this country. And by law, when caught it should all be confiscated. This is why people should boycott bank of America and any others that aid and abet illegals. This is truly against the law. It is encouraging illegals to remain which is a direct violation of our laws.