Divestment

If you have a deposit account, loan or investment account with one of the mainstream banks, it’s entirely possible that you’re supporting the manufacture or distribution of guns without even realizing it.

We’re told from the moment we start working that the responsible thing to do is to set money aside and “plan for your future.” For many people, this means making regular contributions into an IRA or employee-sponsored 401(k) plan. These investments, if managed appropriately, are designed to be your “nest egg” into retirement and beyond.

As America’s socially responsible bank, Amalgamated seeks to empower organizations and individuals to advance positive social change. As such, we are taking an opportunity to highlight an important issue, one we believe to be tied in with everything from social to climate justice – nuclear and military weapons of mass destruction.