In the heart of Pawtuxet Village, a small yet passionate group of protesters gathered outside Citizens Bank, their voices carrying a powerful message. The protest, organized by Cranston Forward and the De-ICE Citizens Bank Coalition, shed light on the bank's financial ties to corporations involved in the detention of immigrants, raising important questions about corporate responsibility and the role of financial institutions in shaping societal issues.
The Protest and Its Impact
The protesters, armed with signs and flyers, aimed to inform the public about Citizens Bank's role in financing companies like CoreCivic and The Geo Group, which operate prisons and detention centers for U.S. Immigration and Customs Enforcement (ICE). Chris Campanile, a spokesperson for Cranston Forward, highlighted the inhumane conditions within these facilities and the lack of due process for detainees, many of whom have no criminal record.
"What many people don't realize is that these protests are not just about the bank's financial decisions; they're about the very fabric of our society and the values we uphold. When a financial institution supports practices that go against basic human rights, it's our duty to speak up," Campanile emphasized.
A Nationwide Movement
The De-ICE Citizens Bank Coalition is part of a larger, nationwide effort to pressure Citizens Financial Group to sever ties with private prison companies. The coalition's research reveals that Citizens has facilitated over $2.5 billion in financing for these companies, including a recent $100 million loan in 2026. This financial support has enabled the detention of thousands of immigrants, many of whom are awaiting legal processes.
"It's a vicious cycle. The more financial backing these companies receive, the more they can expand their operations and detain individuals. We're not just talking about numbers; we're talking about real people's lives and their basic freedoms," said a coalition member, who preferred to remain anonymous.
The Administration's Role
The current administration, led by President Donald Trump, has prioritized the detention and deportation of undocumented immigrants since taking office in 2025. This policy direction has created an environment where private prison companies thrive, with Citizens Bank playing a significant role in their financial success.
"If you take a step back and look at the bigger picture, it's clear that financial institutions like Citizens Bank have a choice. They can either support policies that align with their values and the values of their communities, or they can turn a blind eye and profit from practices that go against basic human decency," added another protester.
Citizens Bank's Response
Citizens Financial Group has defended its actions, stating that it respects the right to protest and is committed to its clients, customers, and communities. However, the bank also emphasizes that it is not their role to set public policy and that they must follow the law while serving all their clients.
"While I understand the bank's position, it's hard to ignore the impact their financial decisions have on real people's lives. It's a fine line to walk, but when it comes to human rights, I believe financial institutions have a moral obligation to consider the broader implications of their actions," said Rory Sheehan, a spokesperson for Citizens, in an email statement.
A Call for Change
The De-ICE Citizens Bank Coalition is not alone in its efforts. Other financial institutions have already ended their relationships with private prison companies, setting a precedent for Citizens Bank to follow. The coalition is urging Citizens account holders to move their money elsewhere and to notify the bank about their reasons for doing so.
"This is a critical moment. We have the power to influence change through our actions and our choices. By withdrawing our support from institutions that finance practices we disagree with, we send a strong message. It's a form of peaceful protest, and it can have a real impact," concluded Campanile.
As the protest outside Citizens Bank comes to a close, the conversation continues. The issue of corporate responsibility and the role of financial institutions in shaping societal issues remains a topic of debate, with the hope that change is on the horizon.
