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Amalgamated Bank to Raise Minimum Hourly Wage to $20

Effective July 1, Amalgamated will become the first bank to offer a $20 minimum wage building on its leadership in the ‘Fight for $15’

Amalgamated Bank Becomes First U.S. Bank to Endorse UN Principles for Responsible Banking

Amalgamated Bank (Nasdaq: AMAL) today announced that it has endorsed and committed to aligning its business to the United Nations Environment Programme Finance Initiative’s Principles for Responsible Banking, making it the first U.S.-based bank to do so.

Amalgamated Foundation Launches Hate Is Not Charitable Campaign

Philanthropists, foundations and donor advised fund providers take a stand against funding hatred.

Amalgamated Bank Appoints Ivan Frishberg as Director of Impact Policy

Amalgamated Bank (Nasdaq: AMAL) announced today that Ivan Frishberg has been appointed as the Director of Impact Policy for the bank, effective immediately.

Global Banking Leaders Join Amalgamated and Commit to Align Their Carbon Footprint with Paris Agreement

Global Alliance for Banking on Values (GABV) commits to work with its members to disclose the climate impact resulting from their portfolio of loans and investments within the next three years

Amalgamated Bank Purchases $45 Million in Residential Property Assessed Clean Energy (PACE) Financings

Loans enable over 2,000 California and Florida property owners to finance energy efficient projects for their homes 
 

Banking for Good

Founded to support the city's union workers, Amalgamated plans to grow by financing socially responsible causes

Amalgamated Bank Launches Initiative to Measure and Reduce Climate Impact of Loan Portfolio

Amalgamated becomes first US bank to commit to measuring, reporting, and reducing financed emissions.

National Housing Trust & Urban Ingenuity Launch 1.5 MW Solar Project for Low-Income DC Residents

Project includes installation of solar across 24 local affordable housing communities

Amalgamated Bank Appoints Tyler Nickerson as First Vice President to lead philanthropy banking strategy

Tyler Nickerson has been appointed as First Vice President of Commercial Banking at Amalgamated Bank

Amalgamated Bank Commits $700 Million to Finance Socially Responsible Businesses

Amalgamated Bank (Nasdaq: AMAL) – which owns New Resource Bank – announced a commitment to double the amount of assets New Resource has dedicated to financing socially responsible businesses over the next two years, moving from its current commitment of $350 million to at least $700 million by 2020.