Tag: Regions Bank

Groups Petition Regions Bank to Withdraw From Business with Private Prisons and Immigrant Detention Centers

A coalition of about 100 organizations nationwide delivered petitions to Regions Bank headquarters in Birmingham on Thursday asking the bank to not do business with companies that run private prisons and immigrant detention centers.

Also Thursday, the group, functioning under the banner of Families Belong Together, delivered similar petitions to Citizens Bank in Providence, Rhodes Island, and to Pinnacle and Synovus Banks in Nashville.

Families Belong Together along with shareholders, policymakers and investors already have been the catalysts in persuading the banks to withhold about $2.4 billion in lines of credit and loans to private prison businesses. Read more.