Kick-start your savings with no monthly maintenance fees and variable tiered interest rates based on balances1.
Open a Convenience Savings account at your nearest Amalgamated Bank branch
1 Fees may reduce earnings.
2 This account can only be opened at an Amalgamated branch. It cannot be opened online.
| Amount | APY* | Interest rate |
|---|---|---|
| $0 - $99.99 | 0.01% | 0.01% |
| $100+ | 0.05% | 0.05% |
The light at the end of the pandemic tunnel has gotten a little brighter recently, especially as the number of U.S. COVID-related hospitalizations continues to dwindle and the number of fully vaccinated people in the country reaches nearly 40% of the population.1
Officially one year into the COVID-19 pandemic and erratic state-by-state lockdowns, we continue to question what a “new normal” will look like for our country. We know that a return to old ways of doing business isn’t viable for the health of our planet and communities and that we have a responsibility to radically reimagine how we do business.
Today, Amalgamated Bank announced its endorsement of HR 40, which is calling upon the Federal Government to form a Commission to explore reparations for African Americans. As of now, we are the first major U.S. bank to endorse HR 40, but are hopeful we are not the last.
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