Demand Banks Stop Financing Private Prisons

From Moms Rising (https://www.momsrising.org/):

Great news! Because of moms, dads, and people who care about families lifting their voices all over the country, both Wells Fargo Bank and JPMorgan Chase have declared that they will no longer finance private prisons! [1]

Your voices are powerful! Now let’s keep the momentum going!

Join us at https://action.momsrising.org/survey/BankOfAmerica_SunTrust_Petition in demanding that Bank of America and SunTrust stop financing private prisons!

Why is this important?

Private prisons are a key component of President Trump’s plan to incarcerate immigrant children and families and are part of the system of mass incarceration that has particularly devastated communities of color. This is a big deal. More than 70% of immigrants in immigration custody are in private prisons. [2]

Private prison companies, like CoreCivic and GEO Group – two of the largest for-profit prison and detention corporations – depend on funding from banks to conduct their day-to-day business operations, finance new facilities, and acquire smaller companies. [3] A 2019 analysis of GEO Group and CoreCivic’s Securities and Exchange Commission (SEC) filings and other documents, found that Bank of America and SunTrust have had a major role in financing private prison companies. [4]

We can use our consumer voices to cut off the corporate money behind President Trump’s cruel immigration policies that separate and incarcerate children and families; and to help stop the profit motive for making our country the one with the highest incarceration rate in the world.

Tell Bank of America and SunTrust to stop financing private prisons!

Most parents would do anything to make sure their children have a safe, free, and healthy life, but across our country, parents have been cruelly separated from their children and held in private prisons where they are unable to care for, or even see their children. Moms like Maria Solis, a pregnant mother of three who was detained by immigration agencies and held in a private prison without adequate medical care until attorneys and MomsRising members successfully petitioned for her release. [5] Moreover, many private prisons have documented histories of inadequate medical care and human rights abuses and are part of the system of mass incarceration that has particularly devastated communities of color. [6]

Together we can stop this!

The consumer voices of moms are powerful! Halt the expansion of private prisons and mass incarceration.

There can be no business in putting children and families behind bars! It’s time for Bank of America and SunTrust to stop financing private prisons!

YOUR VOICE IS POWERFUL!

Join us in demanding that Bank of America and SunTrust stop financing private prisons!

Together we can win the fight to end funding for private prisons, and secure a brighter future for all children and families.


[1] http://action.momsrising.org/go/41924?t=9&akid=12360%2E2540879%2ETC7ZQi

[2] https://action.momsrising.org/go/41947?t=11&akid=12360%2E2540879%2ETC7ZQi, https://action.momsrising.org/go/41926?t=13&akid=12360%2E2540879%2ETC7ZQi

[3] https://action.momsrising.org/go/38271?t=15&akid=12360%2E2540879%2ETC7ZQi

[4] https://action.momsrising.org/go/41927?t=17&akid=12360%2E2540879%2ETC7ZQi

[5] https://action.momsrising.org/go/41928?t=19&akid=12360%2E2540879%2ETC7ZQi

[6] https://action.momsrising.org/go/41929?t=21&akid=12360%2E2540879%2ETC7ZQi, https://action.momsrising.org/go/41930?t=23&akid=12360%2E2540879%2ETC7ZQi, https://action.momsrising.org/go/41931?t=25&akid=12360%2E2540879%2ETC7ZQi, https://action.momsrising.org/go/41948?t=27&akid=12360%2E2540879%2ETC7ZQi, https://action.momsrising.org/go/41949?t=29&akid=12360%2E2540879%2ETC7ZQi

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