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Expert team

Our team is comprised of nonprofit board members, former labor organizers and community activists. We are dedicated to advancing progressive causes and advocating for social and economic justice.

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Philanthropic organizations

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Banking Solutions
Checking Accounts

Whether your philanthropy needs a basic checking account to monitor cash flow, or one that offers interest or earnings credits to offset potential fees, we offer a range of options complete with treasury management software and account analysis.

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Savings
A nest egg

Your organization works hard to maximize efficiency and set aside savings. Responsibly grow your savings with savings accounts, money market accounts, and CDs tailored to fit your needs.

Treasury Management
Cash Management Services
Treasury Management

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

Why Amalgamated?

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$5 billion

in assets

B Corp

meeting high standards of social and environmental performance, accountability and transparency

97 years

helping those who do good, do better

100% Client Focused
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Regulation and compliance

Our team has valuable experience working with leading industry professionals well-versed in FEC & state regulatory compliance.

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Support 24/7/365

We work our clients' hours, not banker's hours. You can count on 24/7/365 concierge services and no hotlines.

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Aligned with values

Our bank is accountable to living our clients' values whether it is through sustainability, corporate governance or political advocacy.

Philanthropic organizations we serve
Sierra Club Foundation logo
Biden Foundation logo
Astraea Lesbian Foundation for Justice logo
The Nathan Cummings Foundation logo

Putting our mission into action

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corporate and social responsibility

With the launch of the “Hate Is Not Charitable Campaign”, the Amalgamated Foundation announced to the world that we would not sit quietly while organizations that promote hate continue to work the system to benefit their abhorrent actions.

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Photo of a man and woman standing together with wind turbines in the background
climate change

With the 2020 democratic presidential primary growing more crowded by the day, the progressive policy agenda will be on full display as candidates look to carve their own lanes to the Oval Office. One area that will undoubtedly garner considerable attention, and rightfully so, is how each candidate plans to address the growing threat of climate change.

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First Vice President
Philanthropy Banking

202-721-8281
photo of Caitlin Duffy

First Vice President
Philanthropy Banking

202-721-0775

With Amalgamated, you can be assured that you'll be served by an experienced, mission-aligned banker who, like you, is committed to making our world a more just, compassionate and sustainable place.

Senior Vice President
Mid-Atlantic Director

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 first union-owned bank in history to become a publicly-traded company. 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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Unions

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.

investing
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

Why Amalgamated?

Block
$5 billion

in assets

100%

giving to Democratic candidates

97 years

helping those who do good, do better

Unions we serve
Marine Engineers Beneficial Association logo
AFSCME Logo
SEIU Logo

Putting our mission into action

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photo of $20 bills and a person on a calculator
Amalgamated Bank history

Today, I am proud to announce that we are the first bank in the United States to increase our minimum wage to $20 an hour for all full-time employees. By raising our minimum wage, we are continuing to honor our roots in the labor movement and to do our part in creating greater access and opportunity for our workers and their families.

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Amalgamated Bank history

Does it really matter if a bank is socially responsible?  Who cares what the bank does with your money, just as long as it is there when you need it?  We care. At Amalgamated Bank, we believe banking – and the entire financial sector for that matter – must be responsible for its social and environmental impact. 

Photo of Kevin Collins

First Vice President
Labor and Taft-Hartley

202-721-0760
Denis Silva

First Vice President
Commercial Banker

415-995-8136

Our vision is to be the financial institution for progressive people and organizations that are living and working to make the world more just, more compassionate and more sustainable.

Former political leaders serving your campaigns.

Amalgamated empowers your organization with unique political loans, fast processing of donations, and the ability to make late wire payments for last-minute media buys. Our political banking team is made up of former campaign leaders and banking experts who know what it means to be part of a political family and, like you, are 100% committed to moving America forward.

Got questions?

Political organizations

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Banking Solutions
Personal attention

Choose the bank that provides loans and banking services to campaigns, PACs and state and national party committees.

Treasury Management
Treasury Management
Full service

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

Why Amalgamated?

Block
$5 billion

in assets

100%

giving to Democratic candidates

97 years

helping those who do good, do better

100% client-focused
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Regulation and compliance

Our team has valuable experience working with leading industry professionals well-versed in FEC & state regulatory compliance.

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Support 24/7/365

We work campaign hours, not bankers' hours. You can count on 24/7/365 concierge services and no hotlines.

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An experienced ally

Our team has years of experience in campaign finance leadership positions and can help you confront the changing needs of your organization.

We help 500+ political organizations
Democratic Governors Association logo
Democratic National Committee logo

Putting our mission into action

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photo of United Nations
corporate and social responsibility

Today, we became the first bank in the United States to endorse the United Nation’s Principles for Responsible Banking. The Principles for Responsible Banking provide the framework for the sustainable banking system of the future.

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man speaking into megaphone
corporate and social responsibility

Amalgamated Bank works hard every day to support the most powerful change makers in America. We have the honor of standing with thousands of leaders of social change – nonprofits, foundations, labor unions, and more - as they take on complex, deeply rooted issues affecting hundreds of millions of lives.

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Senior Vice President
Mid-Atlantic Director

headshot of Nicholas PancrazioNicholas Pancrazio

First Vice President
Western Region

415-995-8116

First Vice President
Labor and Taft-Hartley

202-721-0760

Executive Vice President
Operations and Program Management 

212-895-4487

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