BOYCOTT OF CITIBANK Successful!

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NEWS RELEASE
Second Amendment Foundation
12500 NE Tenth Place · Bellevue, WA 98005
(425) 454-7012 · FAX (425) 451-3959 · www.saf.org

For Immediate Release
Contact: Alan Gottlieb (425) 454-7012

BOYCOTT OF CITIBANK/CITIGROUP
SUCCESSFUL BY GUN OWNER GROUP


Citibank, a member of CitiGroup, has agreed to drop its biased policy of refusing accounts of lawful firearms businesses in response to
the Second Amendment Foundation's boycott. Citibank will now treat "small firearms businesses" the same as other businesses "using
the same standards" according to a Citibank media statement.

"This is a sweet victory for all law-abiding gun owners across the country," proclaimed Alan Gottlieb, Founder of the Second
Amendment Foundation (SAF). "It ends more than a decade of silent discrimination, and I couldn't be more pleased."

This battle began with a February 7, 2000 letter from Citibank to the Nevada Pistol Academy stating that their recently approved
account would be closed in ten days "due to Citibank not maintaining accounts for businesses that deal in weapons." This letter
revealed an otherwise secret policy of refusing accounts from lawful federally licensed firearm-related businesses.

While this arbitrary discrimination was originally thought to be only a regional decision, Citibank vice president of public affairs, Mark
Rodgers, recently admitted this was an ongoing, national policy. He also stated that this hidden policy dates to at least the early 1990s.

"Now this policy is ended," stated Gottlieb. "This is the second major boycott victory for the Second Amendment Foundation, the first
was against Columbia Sportswear for their corporate donation to an anti-gun organization several years ago. Columbia Sportswear
has been solidly pro-gun rights ever since."

Citibank is headquartered in New York City and is a subsidiary of CitiGroup, a worldwide corporation that handles credit cards, as
well as corporate and consumer banking accounts. CitiGroup includes Citibank, CitiGroup Foundation, CitiFinancial, Global Corporate
& Investment Banking, Primerica Financial Services, Salomon Smith Barney, SSB Citi Asset Management Group, Travelers Property
Casualty Corp., and Travelers Life & Annuity.

"This boycott victory should help deter other businesses from enacting similar discriminatory practices in the future," concluded
Gottlieb."

The Second Amendment Foundation is a tax-deductible education, legal defense, research and publishing organization founded in 1974
and has over 600,000 individual citizen supporters nationwide. It previously has funded successful firearms-related suits against the
cities of Los Angeles, New Haven, CT, and San Francisco on behalf of American gun owners.

CLICK HERE FOR A COPY OF THE
ORIGINAL BOYCOTT RELEASE!
 
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