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Banks step away from US private prisons

2019-07-01
By: BankTrack
CoreCivic's Eloy Detention Center in Pinal Count, Arizona. Photo: Peg Hunter via Flickr (CC BY NC 2.0)
2019-07-01
By: BankTrack

As of June 2019, six banks, Fifth Third Bank, BNP Paribas, SunTrust Bank, JPMorgan Chase, Wells Fargo and Bank of America, have announced that they will no longer finance companies that operate private prison and detention centers, including CoreCivic and GEO Group. Two other banks, U.S. Bank and Barclays, told CBS Moneywatch in July 2019 that they have no plans to lend to the private prison industry in the future.

Banks

Bank of America

United States
Active

Barclays

United Kingdom
Active

BNP Paribas

France
Active

JPMorgan Chase

United States
Active

Truist Financial Corporation

United States
Active

U.S. Bancorp

United States
Active

Wells Fargo

United States
Active
Dodgy Deals
There are no active company profiles for this item now.

CoreCivic

United States
Company
on record
Prisons and Immigration Detention

CoreCivic

United States

GEO Group

United States
Company
on record
Prisons and Immigration Detention

GEO Group

United States
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