De-ICE Citizens Bank Coalition
Coverage of De-ICE Citizens Bank Coalition in the Nexus archive.
- Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
Citizens Bank announced it will end its financial relationships with private prison companies CoreCivic and The GEO Group, citing changed commercial circumstances. The decision follows public pressure from advocates and city governments, including threats to withdraw funds from Citizens Bank if ties with the companies were not severed. The companies operate detention centers under U.S. Immigration and Customs Enforcement contracts linked to the Trump administration's immigration policies.
- Citizens Bank to cut ties with CoreCivic and GEO after a fierce public pressure campaign
Citizens Bank announced plans to end its financial relationships with CoreCivic and The GEO Group, private prison companies contracted by U.S. Immigration and Customers Enforcement under President Donald Trump. The decision follows public pressure from advocates and city governments threatening to withdraw funds. Citizens stated the move is based on business reasons due to reduced financial needs of the companies as the federal government acquires their facilities.