Photo of Keith Mestrich

Keith Mestrich

Former President & CEO
2014-2021

Keith joined the bank in 2012 after serving four years as the CFO of SEIU. A 25-year veteran of the labor movement with Workers United, UNITE HERE, UNITE and AFL-CIO, his three decades of experience in the financial sector, assisting the bank’s core constituencies in labor, non-profits, political organizations, and issue-advocacy, made him a natural fit as Director of Amalgamated’s Washington region. Since his appointment to CEO in 2014, Keith has spearheaded initiatives to underscore the bank’s mission, including support of a $15 minimum wage (and raising the bank's minimum wage to $15), acceptance of IDNYC as a primary form of ID, and certification as a B Corp. In 2017, Keith guided Amalgamated’s acquisition of San Francisco-based New Resource Bank, creating the largest U.S. values-based bank. Click here to read more about Keith Mestrich.

More from Keith

ESG products need to be open to pension funds

Topics: 
impact investing social justice environmental sustainability

The Department of Labor has issued a proposed rule that would make it even harder for pension funds to invest in ESG products. They are calling for a higher administrative burden that would effectively warrant ESG as an unlikely investment options. At Amalgamated Bank, we think this is wrong and oppose the DOL proposed rule.

Actions speak louder than words

Topics: 
racial justice social justice

Last week, Amalgamated Bank issued a public statement on our support for Black Lives Matter and promised that tangible actions would be forthcoming. I am sharing with you where we are now, just a little over a week later, and where I believe we can head in the future.

Updates on congressional actions for Payroll Protection Program resources

Topics: 
disaster relief American economy

Amalgamated Bank applauds and appreciates the actions of Congress to increase funding for the Small Business Administration (SBA) Payroll Protection Program (PPP), specifically creating carve outs for local banks, minority deposit institutions, and community development financial institutions.

Amalgamated Bank calls on Congress to act now to increase resources to small businesses and nonprofits

Topics: 
corporate and social responsibility American economy disaster relief

Amalgamated Bank is urging Congress to act swiftly to support the more than 30 million nonprofits and small businesses that were unable to access the first round of Small Business Administration (SBA) Payroll Protection Program (PPP) loans.

An open letter responding to Independent Sector

Topics: 
corporate and social responsibility nonprofits disaster relief

Please read the letter Keith Mestrich, President and CEO of Amalgamated Bank, wrote to Dan Cardinali, President and CEO of Independent Sector, about how Amalgamated shares a common mission with Independent Sector to ensure the nonprofit sector is well resourced as they support workers and families devastated by the COVID-19 crisis.