The agriculture industry is protesting a new credit card offer from Bank of America. This new credit card will be a direct fundraiser for the Humane Society of the United States. For every $100 charged to the card, HSUS will receive 25 cents. Cattlenetwork.com, which like Drovers is owned by Vance Publishing, broke this story earlier this week and has covered it extensively. Bank of America, the articles point out, is a major lender to agriculture and does millions of dollars of business with feedyards across the Plains region.
Bank of America said in a response letter that it is looking into the matter of the specialty credit card with HSUS. To read the entire response, click here.
To access a form letter circulating in the industry to protest this partnership, click here.