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Amalgamated Bank Issues 2019 Corporate Social Responsibility (CSR) Report: Responsibility in Action
Amalgamated Bank (Nasdaq: AMAL) today announced the publication of its 2019 Corporate Social Responsibility (CSR) Report. This report, titled “Responsibility in Action,” provides a comprehensive overview of Amalgamated’s CSR policies, strategies, initiatives, and related performance. For nearly 100 years, Amalgamated has used its financial resources and corporate influence to advance economic, social, and environmental change.
An open letter responding to Independent Sector
Please read the letter Keith Mestrich, President and CEO of Amalgamated Bank, wrote to Dan Cardinali, President and CEO of Independent Sector, about how Amalgamated shares a common mission with Independent Sector to ensure the nonprofit sector is well resourced as they support workers and families devastated by the COVID-19 crisis.
Amalgamated Bank Launches Frontline Workers Fund to Support Responders to COVID-19 Pandemic
Amalgamated Bank (Nasdaq: AMAL) today announced the launch of the Frontline Workers Fund, designed to provide financial support for workers on the frontlines of the COVID-19 pandemic, including nurses and health care workers, grocery workers, cleaning service workers, food service workers, laundry workers in hospitals, and retail workers, amongst others.
Renew Financial Closes Sale of $160 Million in Residential PACE Assets to Amalgamated Bank
Today, Renew Financial announced the sale of $160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs of renewable energy, safety, and energy efficient home improvements at a fixed interest rate with flexible repayment terms.
Amalgamated Bank Appoints Invesco as Sub-Adviser for Investment Management Services
Amalgamated Bank (NYSE: AMAL) announced today that it has entered into an agreement with Invesco to become a sub-adviser for Amalgamated’s Investment Management business.