Interfaith Bank Boycott Campaign

Campaign Goal: Increase pressure on the U.S. Government to improve treatment of immigrants by passing the Dream Act.

Tactic: Boycott key banks profiting from private prisons and an unjust immigration system

Core Affected Community Partners: Enlace and NAKASEC (National Korean American Service and Education Consortium)

Boycott Commitment: Participation in a boycott of Wells Fargo, Bank of America, and JP Morgan Chase which are three of the main funders and profiteers of private prisons, such as GEO and CoreCivic. In turn, these banks directly enable the detention of immigrants and families as well as an expanding market for such private prisons and detentions.[1] Thus, they are profiting from the rapid increase in detention of immigrants, which includes the increase enabled by ending the DACA program for Dreamers. These banks are also three of the largest banks making direct contributions to key politicians, and some politicians even hold shares in these banks.

We will continue this boycott at least until President Trump and Congress pass the Dream Act. If there is not such a commitment by March 5, 2018, we will scale-up and broaden our boycott efforts.

 

How: Organizations and Individuals can participate in the boycott by doing any one of the following: 1) sharing it with other individuals or your members as an option; or 2) explicitly sign on to the boycott as a good idea, or 3) encouraging individuals or sub-groups within your organization or membership to endorse the boycott; or 4) encourage other organizations, especially those you may be a constituent of (ex. county, city), to endorse the boycott; 5) moving any accounts (ex. savings, checking, health savings, CD’s, credit cards, etc.) from these banks to another bank, or 6) as a shareholder sending a letter to these banks, or 7) divesting any investments in these banks.

[1] http://www.enlaceintl.org/resources

Join the campaign here

Contact Congress: use this action alert to contact congress about your boycott effort and to ask for them to pass a clean Dream Act.

Interfaith Bank Boycott Campaign

*This includes core affected community partners, rationale, and other suggested banks to move your money to.

Interfaith Boycott Background Info.
*This includes an explanation of how the leveraging works, the profit process, dimensions of effectiveness in campaigns, and other educational resources.

Congressional one-pager

When meeting with your congressional representative or their staff, you can leave a copy of this one-pager to tell them about the boycott.

Share this op-ed about the bank boycott on social media.

Send this sample letter to any of the banks and executives on this list to inform them about the boycott and ask them to use their leverage to pass the Dream Act.

    1. Brian T. Moynihan, Chief Executive Officer
      Bank of America Corporation
      100 N. Tryon St.
      Charlotte, NC 28255 Brian.t.moynihan@bankofamerica.com
    2. Timothy Sloan, Chief Executive Officer and President Wells Fargo
      420 Montgomery St.
      San Francisco, CA 941044
      timothy.j.sloan@wellsfargo.com boardcommunications@wellsfargo.com
    3. Jamie Dimon Chairman & Ceo
      JP Morgan Chase
      270 Park Ave.
      New York, NY 10005
      212-270-1111
      jamie.dimon@jpmchase.com