Photo of Keith Mestrich

Keith Mestrich

President & CEO

Keith joined the bank in 2012 after serving four years as the CFO of SEIU. A 25-year veteran of the labor movement with Workers United, UNITE HERE, UNITE and AFL-CIO, his three decades of experience in the financial sector, assisting the bank’s core constituencies in labor, non-profits, political organizations, and issue-advocacy, made him a natural fit as Director of Amalgamated’s Washington region. Since his appointment to CEO in 2014, Keith has spearheaded initiatives to underscore the bank’s mission, including support of a $15 minimum wage (and raising the bank's minimum wage to $15), acceptance of IDNYC as a primary form of ID, and certification as a B Corp. In 2017, Keith guided Amalgamated’s acquisition of San Francisco-based New Resource Bank, creating the largest U.S. values-based bank. Click here to read more about Keith Mestrich.

More from Keith

Last week, Amalgamated Bank issued a public statement on our support for Black Lives Matter and promised that tangible actions would be forthcoming. I am sharing with you where we are now, just a little over a week later, and where I believe we can head in the future.

Amalgamated Bank applauds and appreciates the actions of Congress to increase funding for the Small Business Administration (SBA) Payroll Protection Program (PPP), specifically creating carve outs for local banks, minority deposit institutions, and community development financial institutions.

Amalgamated Bank is urging Congress to act swiftly to support the more than 30 million nonprofits and small businesses that were unable to access the first round of Small Business Administration (SBA) Payroll Protection Program (PPP) loans.

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.

This month we turned 97 years old so we’ve seen our share of up and down times. We’ve navigated through depressions, recessions, world wars, bubbles, artificial highs and some very real lows. But we have never before seen anything like the present.  The COVID-19 virus is having a far-reaching effect, not just on our business, but on our families, our communities and our nation’s financial future.