Amalgamated Bank history

Amalgamated Source

Amalgamated Bank Commits $700 Million to Finance Socially Responsible Businesses

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Amalgamated Bank history banking industry values-based banking corporate and social responsibility

Amalgamated Bank (Nasdaq: AMAL) – which owns New Resource Bank – announced a commitment to double the amount of assets New Resource has dedicated to financing socially responsible businesses over the next two years, moving from its current commitment of $350 million to at least $700 million by 2020.

Purpose goes public

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Amalgamated Bank history banking industry Amalgamated clients

Recently, Amalgamated Bank enjoyed a banner day. Our brand was prominently displayed in the heart of Times Square, employees pointed out colleagues who appeared live on Bloomberg and CNBC and the NASDAQ floor was bustling with Amalgamated Bank veterans, board members and countless others who were in attendance to witness history as the bank went public.

Amalgamated Source

Amalgamated Bank Board of Directors Welcomes New Board Members

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Amalgamated Bank history banking industry values-based banking corporate and social responsibility

Maryann Bruce and Patricia Diaz Dennis join Amalgamated Bank’s Board of Directors following the Bank’s initial public offering

Amalgamated Source

Amalgamated Bank Celebrates Initial Public Offering

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Amalgamated Bank history corporate and social responsibility banking industry

Amalgamated Bank (“Amalgamated”), a commercial bank and a chartered trust company that specializes in providing banking services for socially responsible and values-based clients, today celebrated its first day as a public company trading on the Nasdaq Stock Market under the ticker symbol “AMAL”. The company’s leadership team will join with employees from all levels of the bank to ring the opening bell at Nasdaq on Friday, August 10, 2018 to mark the milestone.

Amalgamated Source

Amalgamated Bank Announces Pricing of Initial Public Offering of Common Stock

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Amalgamated Bank history corporate and social responsibility banking industry

Amalgamated Bank (“Amalgamated”) (Nasdaq: AMAL) today announced the pricing of its initial public offering of 6,718,729 shares of Class A common stock at a public offering price of $15.50 per share. The underwriters have also been granted a 30-day option to purchase up to an additional 1,007,809 shares of Class A common stock. All of the shares in the offering are to be sold by the selling stockholders. Amalgamated will not receive any proceeds from the offering.

Amalgamated Source

Amalgamated Bank Announces Launch of Initial Public Offering of Common Stock

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Amalgamated Bank history corporate and social responsibility banking industry

Amalgamated Bank (“Amalgamated”) today announced the launch of its initial public offering of 6.7 million shares of Class A common stock. The initial public offering price is expected to be between $15.00 to $17.00 per share. The shares will be offered by certain selling stockholders. Amalgamated’s common stock is expected to trade on the Nasdaq Global Market under the ticker symbol “AMAL.”

Amalgamated Source

Amalgamated Bank Completes Merger with New Resource Bank

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Amalgamated Bank history banking industry social change environmental sustainability climate change B Corp Global Alliance for Banking on Values (GABV) corporate and social responsibility progressive finance

Amalgamated Bank, America’s socially responsible bank, today announced it has completed its merger with New Resource Bank.

Where do we go from here? Progressive banking in a new political era

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progressive finance immigration justice social justice financial regulation banking industry Amalgamated Bank history Fight for $15 B Corp Global Alliance for Banking on Values (GABV)

From our vantage point as the leading progressive bank, it feels these days like, as a country, we are not making the progress our great nation is capable of. There is talk of instituting an isolationist foreign policy that will evoke for many memories of the 1930s.

A plea for fair and inclusive immigration policy

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progressive finance immigration justice Amalgamated Bank history social justice Amalgamated clients

The debate surrounding immigration has always been a lively one wherein politicians have presented arguments advocating for everything from amnesty to closing the borders.

The case for unions in 2017

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organized labor collective bargaining Fight for $15 workers' rights social justice wage justice Amalgamated Bank history health insurance

In our rapidly-shifting and uncertain political landscape, the ability of unions to fulfill their responsibilities and protect their right to organize is absolutely critical.