When you deposit your money at Amalgamated, it supports sustainable organizations, progressive causes and social justice efforts. If a business has a solid mission in addition to a strong balance sheet, we do our best to help finance it. We’ve funded food banks, day care programs, women’s health centers, voting rights organizations, affordable housing projects, clean energy companies and environmentally friendly projects. We are committed to helping more enterprises and families get the financial backing they need to grow and succeed.
We also put our own money where our mouth is. We donate to cause-related organizations when our customers use their debit cards or when they open new accounts. All of our Political Action Committee (PAC) money goes to Democratic candidates whose policies share our values. We won’t lend a dime or invest a nickel in companies, projects or people that are working against social, economic or environmental progress.
And, as part of our commitment to addressing climate change, Amalgamated Bank crafted policies to reduce carbon risk across our own assets and lending portfolio, built new capacity and products to serve clients who are similarly concerned with the hazards of human-made climate change, and, in 2017, made a commitment to be net zero electricity in our operations by the end of 2018.