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INSTITUTE INDEX: Under activist pressure, more banks drop private prisons

By Sue Sturgis

October 11, 2019 - Amid a grassroots campaign targeting them for financing private prison companies, banks are cutting ties with the industry. Florida-based GEO Group's last remaining banking partner recently announced it would cut ties with the company, and Tennessee-based CoreCivic is also feeling the heat.

first tennessee bank

INSTITUTE INDEX: Under activist pressure, more banks drop private prisons

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