Citizens Bank to cut ties with CoreCivic and GEO

newsJul 17, 2026211,506

Citizens Bank said it will wind down its lending and other financial relationships with private prison companies CoreCivic and The GEO Group, which have been contracted by U.S. Immigration and Customs Enforcement to operate detention centers under the Trump administration. The bank's announcement follows sustained public pressure, including votes by Montclair and Jersey City city councils to withdraw municipal deposits if Citizens did not cut ties. Citizens framed the move as a business decision, saying federal plans to buy several CoreCivic-run facilities and talks to buy GEO-run sites have reduced those companies' financing needs. The De-ICE Citizens Bank Coalition called the decision an important victory for activists who protested the bank's role in ICE detention. Citizens also said the decision does not reflect any change in its view of the companies' business models and noted that banks must consider regulatory and contractual frameworks when deciding whom to bank. The company will now exit its current lending relationships with CoreCivic and GEO, while organizers and some advocates say they will press Citizens to end any future banking relationships as well.

Prisonculture

@prisonculture.bsky.social

"After enduring months of anti-ICE protests at its bank offices, Citizens Financial Group is parting ways with two for-profit prison operators that oversee detention facilities for the federal immigration enforcement agency." www.bostonglobe.com/2026/07/17/b...

8764h ago

Liz Schiller #DefundthePolice11

As @olufemiotaiwo.bsky.social might say, I do not regret to inform you that we are going to win.

Septima P. Snark10

Keep fighting, fam! Love to all who put this concentrated pressure on this financial group. Love to all those who have committed to fighting in their corners of the world and the work.

JuliJess10

"Enduring" the months of protests. How terrible it must have been for them...🤣

tekla 💜✨6

Love this. Making yourself a nuisance works!!

James Stanton5

When we fight, we win!

Dollyanna2

THIS IS WHAT DEMOCRACY LOOKS LIKE..... #WeCount

De-ICE Citizens Bank

@de-icecitizensbank.org

Citizens Bank has announced it will exit its lending agreements with CoreCivic and GEO Group. This is an incredible win for everyone who refused to let a major bank finance the human suffering caused by ICE detention! Community resistance matters ✊

2369h ago

De-ICE Citizens Bank10

This is a huge victory, but the fight isn't over. We're calling on Citizens to publicly commit in the next 10 days to ending any and all current and future banking relationships with CoreCivic, GEO Group, and every other private prison company. This is the standard their peer banks have already met.

arthurdunger.bsky.social2

Will the Victorian govt in Australia continue to allow GEO Group to run 3 prisons there? Any organization that supports ICE should lose contracts everywhere in the world

Quoting this

Indivisible Mass Coalition10

This is huge! It shows that peaceful people power can win in the resistance to autocracy and fascism! Bravo!! #CitizensBank #PeoplePower #WeThePeople #Resist #Democracy #CommunitiesNotCages

Alternative View, Pacific Northwest6

This is how it’s done. In our society, money talks. Suck the money out of these bastards.

rosebud27.bsky.social2

It’s about time too bad it took public pressure for this big bank to develop a moral soul.

Julie Cohen ❌👑

@filmmakerjulie.bsky.social

Yeah, baby! Citizens says they are moving away from ICE private prison companies for “business reasons” not political pressure. But the the business reason IS that people (like us!) and municipalities are closing Citizens accounts BECAUSE OF ICE COMPLICITY. apnews.com/article/citi...

1167h ago

Julie Cohen ❌👑18

When Erica @chenoweth.bsky.social talks about fighting authoritarianism by knocking down the pillars of support, this is EXACTLY what she means.

Sunshine4

Companies who stay aligned with fascists will not have successful futures.

Dr. Ashok Karra3

Courage is contagious. hoping more pressure from all sectors of society sends the message. Thank you

Greg Pak

@gregpak.net

This is a big win. Huge congrats to the De-ICE Citizens Bank organizers!!! Fight's not over - organizers are pushing Citizens Bank to fully "ending any and all current and future banking relationships with CoreCivic, GEO Group, and every other private prison company." apnews.com/article/citi...

1254h ago

Amy Ringenbach Dawson

@bleuz00m.bsky.social

apnews.com/article/citi... Finally! CitizensBank to cut ties to Geo Group, thus ending its shameful support of Geo Group's unconstitutional kidnapping and imprisoning immigrants and actual US citizens. Thank you to @indivisible.org and its members!

225h ago

Rhode Island Current

@rhodeislandcurrent.com

Citizens Bank on Friday said it will end its credit facilities with GEO Group and CoreCivic, two of the biggest contractors for ICE. By @krish-eh.bsky.social rhodeislandcurrent.com/2026/07/17/c...

204h ago

Indivisible Upper Cape

@indivisibleuppercape.org

We did it! Our voices work if we use them! apnews.com/article/citi... @de-icecitizensbank.org

146h ago

Debby Williams 💙♐️

@dwilliams1210.com

Citizens Bank said it plans to wind down its financial relationship with two private prison companies that have been government contractors under the Trump administration to help run immigration detention centers, bowing to public pressure from advocates and left-leaning city governments.

137h ago

mazel tov cocktail

@afertig.bsky.social

HUGE WIN! Citizens Bank is ceasing financial relationships with Geo & Corecivic the 2 for-profits building ICE facilities investor.citizensbank.com/about-us/new... Also lol cry more: “Citizens has been disappointed that the activists have dragged it into what is largely a political matter.”

198h ago

Indivisible Bucks County

@indivisiblebux.bsky.social

Don't let ANYONE tell you that protesting is useless. Today's announcement from Citizens Bank is proof the the strategic deployment of "people power" can deliver meaningful results! Thanks to our community members who have participated in DE-Ice Citizens Bank actions! apnews.com/article/citi...

105h ago

Mike Connolly

@mikeconnollyma.bsky.social

Congratulations to our coalition leaders, De-ICE Citizens Bank, Boycott Citizens, and GBIO. Now, we will make sure Citizens follows through on this announcement. www.bostonglobe.com/2026/07/17/b...

97h ago

Brigid Alverson

@brigidalverson.bsky.social

Great news: Citizens Bank will stop funding CoreCivic and GEO Group, the two corporations that run the ICE concentration camps: www.wgbh.org/news/local/2...

104h ago

Action Together New Jersey

@atnj.org

Citizens Bank said it plans to wind down its financial relationships with Geo Group and CoreCivic. We'll wait and see if they actually do.

86h ago

@astrea1965.bsky.social

I'm attending De-ICE Citizens Bank Coalition's event, “De-ICE Citizens Bank - Manchester - Coordinated Action” - sign up now to join me! www.mobilize.us/deicecitizen...

4Yesterday

Mystic Mashup Indivisible

@mysticmashupindiv.bsky.social

If Citizens Bank follows through and divests from for-profit prisons, this is a huge win for the De-ICE Citizens campaign! www.bostonglobe.com/2026/07/17/b...

38h ago

1 source

apnews.comCitizens Bank to cut ties with CoreCivic and GEO after a fierce public pressure campaign

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Citizens Bank to cut ties with CoreCivic and GEO

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