The Pressure Is On for Banks, Credit Issuers to Cut Ties With the NRA

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Updated on Friday, March 2, 2018

After the mass shooting tragedy at Marjory Stoneman Douglas High School in Parkland, Fla. last month, a wave of companies have announced they are cutting ties with the National Rifle Association (NRA). The controversy has even reached into the credit card and banking industries. A pair of banks that issued NRA branded cards, First National Bank of Omaha and Republic Bank, recently announced they would discontinue their offerings.

First National Bank of Omaha — one of the top 15 credit card issuers in the U.S — was one of the first companies to take action. In a Feb. 22 Twitter announcement, the company said it would not be renewing its contract to issue the NRA Visa Card. This card offered cardholders cash back and had boasted a $40 statement credit when you made your first purchase, more than enough to cover the fee for an annual NRA membership. It’s not clear when the NRA contract with FNBO is set to expire.

FNBO’s decision came to light in a Twitter response to pleas from consumers urging the bank and other businesses to end their relationship with the NRA. This was preceded by many messages from customers and the public voicing their opinions about the bank’s ties to the NRA.

Another bank that ended its relationship with the NRA is Republic Bank, which previously issued the NRA Prepaid Visa Card. The NRA prepaid site now says, “This card is no longer available to new customers.”

nraprepaid.com

The reactions by First National Bank of Omaha and Republic Bank show credit card issuers are listening to the concerns of the public.

Here’s a roundup of other companies that have announced they’ll be cutting ties with the NRA in the wake of public outcry after the Parkland shooting:

  • Alamo
  • Allied Van Lines
  • Avis Budget Group
  • Chubb
  • Delta Air Lines
  • Enterprise
  • Hertz
  • MetLife
  • National
  • North American Van Lines
  • Paramount Rx
  • SimpliSafe
  • Starkey Hearing Technologies
  • Symantec
  • Teladoc
  • TrueCar
  • United Airlines
  • Wyndham Worldwide

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