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Large banks feel the pressure and divest from private prisonsPodcast

SunTrust Bank has joined a growing number of large financial institutions and announced it would stop financing private prisons and immigration detention centers operators. This announcement comes from the last of the large financial organizations which have provided credit to both giant prison and detention operators, GEO Group and CoreCivic.

As investors or clients, activists or managers in institutions, we should all reach out to these and other financial institutions and ask them to join in on the same commitment to withdraw from the private prisons and immigrant detention industries.

 

About the Author

Dalit Baum, Ph.D., is AFSC's Director of Economic Activism. She has worked for AFSC since 2013. She is co-founder of Who Profits from the Occupation, and of the Coalition of Women for Peace in Israel.

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