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Campaign Updates

07/16/2019 | Holding Wall Street Accountable
Published By:Cincinnati Business Journal

Fifth Third slams the door on financing private prison companies

Fifth Third had $40 million in outstanding balances on term loans and revolving credit lines with Nashville, Tenn.-based CoreCivic, one of the two largest private prison operators, as of year-end, according to a report produced by the Center for Popular Democracy, In the Public Interest and the Public Accountability Initiative. CoreCivic has a total of $400 million in outstanding balances with big banks.

Read the full article here.