Construction worker

Founded by Labor, for Labor

Union banking from a bank that stands with Labor

Amalgamated Bank knows how unions work and what's important to Labor. Founded by a union nearly a century ago, we are the largest majority union-owned bank in the nation. As a mission-aligned bank with a deep commitment to making an impact for our shared cause, we support working families while moving America forward.

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A new way to organize
  • A unique union mobile offering
  • Improve operational efficiencies
  • Automate the collection of dues
  • Cut turf to sign up new members
cash management
Treasury Management
Cash management services

Control your accounts with our secure online system and conduct business more efficiently with direct deposit, ACH, positive pay and more.

Investment Management
Helping unions succeed
  • We are committed to the highest standards of investment management
  • Full range of Equity, Alternatives and Fixed Income funds
  • Custody services include asset safekeeping, corporate actions, income collections, proxy services, account transition, asset transfer and conversion management
Photo of Kevin Collins

First Vice President
Labor and Taft-Hartley


Why Amalgamated?

$4 billion

in assets


giving to Democratic candidates

95 years

helping those who do good, do better

Unions we serve
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How we’re different

Amalgamated Source
AB logo on glass window

Bank Filed Legal Brief in January Supporting Mayor de Blasio’s Efforts to Protect New Yorkers

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Global Alliance for Banking on Values (GABV)

It’s #BankingOnValues Day, a time when ethical citizens and leading change-makers around the world come together to celebrate the social, economic, and environmental good that responsible finance can generate.

Houston cityscape
disaster relief

Heavy rainfall from Tropical Storm Harvey has encumbered the fourth-largest city in the US, and new concerns are mounting from ongoing rain and flood damage.