Economic growth

Amalgamated Source

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:

Amalgamated Source

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 wrong, yes, but it's also just bad business.

Amalgamated Source

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:

Amalgamated Source

Amalgamated Bank, the leading national progressive bank, today strongly supported the raising of the minimum wage to $15 an hour in Washington, D.C.

Amalgamated Source

New Poll of Progressive Voters Finds: Bank Values Matter; Strong Support for Local Banks; Optimism About Economy; Deep Concern on Income Inequality

Progressives Dislike Big Banks and Wall Street as much as Congress

Progressives Prefer San Francisco, Jimmy Fallon & Ben & Jerry’s “AmeriCone”

Living in the same city where you work fosters a critically important connection to the community and people you serve. Yet for firefighters, police officers, teachers, nurses and millions of other low- and moderate-income workers in urban areas, it can be a herculean challenge to find safe, affordable housing near where they work.