Community impact

Supporting the communities we live and work in

Amalgamated Bank is committed to strengthening the communities in which we do business. Together with our union, not-for-profit and government partners, the bank offers innovative and affordable solutions to address the specific banking and credit needs of the communities we serve.

We accomplish this by offering bank products, programs and services that increase and preserve affordable housing, grow small businesses and help immigrants and working class people to save, reduce debt and participate fully in the American dream.

The Community Development Group makes available grants, loans and Money Sense financial education programs to individuals, unions, non-profit organizations, community-based organizations and developers of affordable housing and other community facilities that benefit low and moderate-income individuals. Our team of professionals draws upon the resources and expertise across Amalgamated Bank's business divisions of Retail Banking, Commercial Banking and Commercial Real Estate to provide innovative and affordable financial solutions.


Amalgamated Bank is proud to have awarded grants to:

Association for Neighborhood and Housing Development, Inc. – New York, NY

The Association for Neighborhood and Housing Development, Inc's program and policy work are centered on promoting a progressive, comprehensive housing agenda for New York City’s neighborhoods.

 

Coalition for Debtor Education – New York, NY

Helping to educate thousands of NYC residents about basic budgeting, saving, managing credit and debt as well as student loans.  A particular emphasis for this program is to inform vulnerable populations. 

 

Hudson Guild – New York, NY

Hudson Guild’s mission is to create and sustain a strong and effective community that acknowledges and responds to the potential achievements and interdependence of its diverse members.

 

Neighborhood Housing Services of NYC, Inc. – Brooklyn, New York

The Neighborhood Housing Service of NYC, Inc provides affordable housing services to New Yorkers.

 

The New York Women’s Foundation – New York, NY

A cross-cultural alliance of women, The New York Women's Foundation works to improve the lives of women and families in New York City.

 

United Way of the National Capital Area – Washington, D.C.

Improves the lives of individuals and families by uniting the people and organizations that have the will, expertise and resources to create measurable results and a lasting impact.