Banking industry

Amalgamated Source

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 (“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.”

If you have a deposit account, loan or investment account with one of the mainstream banks, it’s entirely possible that you’re supporting the manufacture or distribution of guns without even realizing it.

Amalgamated Source

Endorses Gun Safety Code of Conduct released today by Everytown for Gun Safety

Amalgamated Source

Right now, despite many bank CEOs making tens of millions of dollars each year, the average bank teller makes just $25,800. Here in New York, 39 percent of bank tellers are forced to rely on public assistance programs just to make ends meet. This is morally wrong, yes, but it's also just bad business.

Amalgamated Source

Mr. Murrell to Oversee Development and Launch of the Bank’s New National Online Banking Platform

Amalgamated Source

Bank Continues to Make a Positive Local Impact With Community-Oriented Institutions

Amalgamated Source

Nation’s Leading Union-Owned Bank Announces First Female Board Chair

Amalgamated Source

Amalgamated Bank, the leading national progressive bank, today strongly supported the raising of the minimum wage to $15 an hour in Washington, D.C.