US BANK: #DEFUNDETP

US Bank, after promising to stop funding oil and gas pipelines, quietly helped to finance a $5 Billion line of credit to ETP. Tell US Bank to join lenders already backing away from ETP and its reckless pipelines. Sign the petition:

US Bank Promised to Stop Funding Pipelines.

Last spring, responding to pressure on the Dakota Access Pipeline, US Bank CEO Andrew Cecere won praise from Indigenous and climate advocates when he promised shareholders that US Bank would stop lending to oil and gas pipelines.

Eight Months Later, it Broke That Promise.

In the closing weeks of 2017, US Bank quietly signed onto a $5 billion credit arrangement with Energy Transfer Partners (ETP), the company behind the Dakota Access Pipeline, that is now building more than 1,200 miles of pipelines throughout the U.S.

Reports & Flyers

US Bank Report
US Bank is still financing more than USD 2 billion going to companies building oil and gas pipelines.

US Bank Flyer
A quick overview of the facts, the promises, and the reality of what’s going on.

Campaign Blogs & Press Releases

US Commercial Banks In For a Spring of Fossil Fuel Resistance

US Commercial Banks In For a Spring of Fossil Fuel Resistance

April 16, 2018

US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making plans for AGM season. A growing number of concerned communities and organizations are planning a series of interventions at this year’s bank shareholder meetings to pressure the banks to stop financing controversial oil and gas infrastructure projects.

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StopETP coalition calls out U.S. Bank at annual Ethisphere gala

StopETP coalition calls out U.S. Bank at annual Ethisphere gala

March 14, 2018

Yesterday, a delegation from the StopETP coalition demonstrated outside the Ethisphere gala, an annual event honoring “the world’s most ethical companies.” Amazingly, U.S. Bank was among the honorees this year – despite their deeply hypocritical and deceitful lending practices in the pipeline and energy sector. At last year’s Annual General Meeting, U.S. Bank CEO Andrew … Read More

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Hundreds gather in Minneapolis calling on US Bank to #DefundETP

Hundreds gather in Minneapolis calling on US Bank to #DefundETP

February 12, 2018

Last week, the national spotlight was on Minneapolis for Super Bowl Sunday, where the Philadelphia Eagles pulled out a close victory over the New England Patriots. But much of the local spotlight in Minnesota was on the streets, where hundreds of activists braved frigid temperatures and blinding snow for a series of actions demanding the … Read More

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