Content Type FAQ
Questions
How do I open a Small Business account with Amalgamated Bank?

You can open your Small Business account by visiting one of our branches, and by contacting our Business Banking team at businessbanking@amalgamatedbank.com or 800-662-0860 so one of our experienced bankers can help you.

What do I need to open a Small Business account?

Depending on the business entity type, you may be asked to provide documents to verify the identity of the business and its authorized representatives, identify the type of industry, confirm financial information, and understand the organizational structure. 

What is the minimum balance I need to deposit?

 There is no minimum balance needed at the time of account opening.Please note: Minimum balances may vary depending on promotions. 

What fees are charged for the Small Business accounts?

Please refer to the Fee Schedule to see the fees for these accounts.