A message for the new year

Dear friends,

2016 was a year defined by uncertainty and the unexpected. It is almost unthinkable that the same year in which Donald Trump was elected 45th President of the United States is also the year the world reached consensus on the most sweeping environmental standards in the Paris Climate Agreement. A world superpower left the European Union in Brexit, but yet global markets are in a position of strength and the US unemployment rate is at a 9-year low. We saw the Supreme Court definitively preserve women's access to healthcare in Texas, but also grind to a halt over issues of collective bargaining and immigration rights because of vacancy. In hindsight, it is no wonder that so many predictions were so wrong. 

As I look forward to what's in store for 2017, it is clear that many organizations, businesses, institutions, and advocacy groups are grappling with a sense of unease about the future. Every day, I work with leaders from the labor, non-profit, and foundation worlds as they confront a future that is full of unknowns. These talented individuals have grown their organizations into forces for good, for change, and for the rights of everyone. And now, many are being forced to confront an uncertain 2017 and beyond. 

One thing that won't change is Amalgamated Bank's commitment to you, to the progressive movement, and to support those who advocate for others. 

Amalgamated Bank prides itself on being a place where forward-thinking organizations can align their money with their values. We aren't just a financial services provider; we're an ally. But in 2017, being an ally has to be more than just words. That's why I am dedicating my time in 2017 to focus the bank's attention on doing the most good for the most people. We'll soon be launching a series of programs designed to provide housing for low- and middle-income earners all over the country, to offer home equity lines of credit specifically designed to help homeowners finance the installation of solar panels, to streamline the dues payment process that unions and non-profits depend on, and to offer cause-based banking to help progressive non-profits and their members support each other in their everyday lives. 

I commit to you that whatever happens in 2017, we're here to help you navigate the waters. Our mission remains to help those who do good, do better. 

Keith Mestrich

President & CEO