NEW YORK, April 13, 2016 – ValueInsured and Amalgamated Bank today made available a unique new financial product that protects homebuyers’ down payments from falling market values.
+Plus by ValueInsured down payment protection is available for the first time on all... Read more
NEW YORK, April 5, 2015 – In a segment highlighting Amalgamated's progressive values as the country’s largest union-owned bank, Amalgamated Bank President and CEO Keith Mestrich spoke to Marketplace Morning Report host David Brancaccio about what it means to restore trust to banking.
... Read more
WASHINGTON, D.C., April 4, 2016 – Today, Amalgamated Bank, the leading national progressive bank, announced that Anna Fink joined its Washington, D.C office as First Vice President for Philanthropy. In this role, Ms. Fink will be responsible for growing and serving a new client base that works on solving today’s... Read more
WASHINGTON, D.C., April 4, 2016 – Today, Amalgamated Bank, the leading national progressive bank, announced that this week Martin Murrell joined its Washington, D.C. office as the new EVP of Consumer Banking. In this role, Mr. Murrell will lead Amalgamated Bank’s effort to build an online digital bank to better serve... Read more
NEW YORK, March 31, 2016 – This morning, in response to New York State’s budget agreement on the statewide $15/hr. minimum wage, Keith Mestrich, President and CEO of Amalgamated Bank, said:
“Earning a living wage is not about economics, it’s not about politics, it’s about giving hard working people a... Read more
NEW YORK, March 24, 2016 – Starting Saturday, March 26 and running through Sunday April 4, select Amalgamated Bank branches around New York City will act as participatory budget voting sites for the New York City Council. In total, seven city council districts will be able to vote at an Amalgamated Bank branch. A full... Read more
WASHINGTON, D.C., March 21, 2016 – Today, the Diverse Asset Managers Initiative (DAMI) launches a new website in its effort to increase the number of assets managed by diverse-owned firms, with a specific focus on the following sectors: foundations, university endowments, corporations, faith-based organizations, unions... Read more
As published in the Albany Times Union on March 7, 2016.
Right now, despite many bank CEOs making tens of millions of dollars each year, the average bank teller makes just $25,800. Here in New York, 39 percent of bank tellers are forced to rely on public assistance programs just to make ends meet. This is morally... Read more
Governor Cuomo, Local Business Leaders & Chambers of Commerce Urge New York State Legislature to Enact First-in-the-Nation $15 Minimum Wage
Proposal Would Benefit More than 2.3 Million New Yorkers; Boost Direct Spending Power by $15.7 Billion
Join the Fight for Fair Pay – Visit... Read more
NEW YORK, February 23, 2016 – This morning, in response to the Mario Cuomo Campaign for Economic Justice’s Drive for $15, Keith Mestrich, President and CEO of Amalgamated Bank, said:
“Today is a great day for New York’s workers and I am so proud that Amalgamated Bank is able to play a role. Beginning this... Read more
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