To fund an account online, you can either transfer funds from your account at another financial institution, provide a debit or credit card at account opening, send us a check, or if you are already an Amalgamated Bank customer, you can transfer funds from your existing account. No matter which method of funding you choose, please ensure that sufficient funds are available to be transferred.
To deposit checks by mail, send a check payable to “Amalgamated Bank” to Amalgamated Bank, Attn.: Branch Manager, 10 East 14th Street, New York, NY 10003. Don’t forget to include your account number in the memo line.
In order for us to fund an account by check, it must meet the following requirements:
- The check must be signed and dated.
- The check must be payable to Amalgamated Bank, to you, or to “Cash.” Please be advised that, for security purposes, it is not recommended to mail checks made out to “Cash.” If the check is not payable directly to “Amalgamated Bank,” it must be endorsed properly. (Please do not endorse checks made payable to Amalgamated Bank.)
- If you wish to send us a check that is made payable to you, please endorse it on the back with your signature and, below your signature, write “For Deposit Only in Account” followed by your account number.
- You must include instructions indicating the account to which the check should be credited. You can do this by writing your account number on the memo line or reverse side of the check. (You do not need to use a deposit slip.)
Deposits made by check are accepted at our sole discretion. We reserve the right to refuse, return, or limit any deposit you make to your account. Please refer to our Account Opening Disclosures for more information.