Corporate and social responsibility

Protection of fair and free elections is a cornerstone of our democracy. The fight for freedom and rights, or any changes to our institutions, our legislation, and policies all starts with voting. In a true democracy, every vote counts.

Amalgamated Source

OneTeam Partners announced today that the Women’s National Basketball Players Association (“WNBPA”) and Amalgamated Bank, member of the Amalgamated Financial Corp. (Nasdaq: AMAL), America’s socially responsible bank, have launched a first-of-its-kind collaboration to make Amalgamated Bank the Official Social Responsibility Partner of the WNBPA.

Today, I am proud to share that Amalgamated Bank has been named the official social responsibility partner of the Women’s National Basketball Players Association (WNBPA), a first-of-its-kind partnership to promote social justice reform. 

Please read Ivan Frishberg’s letter, Director of Impact Policy at Amalgamated Bank, to ShareAction, outlining the details of Amalgamated’s work which demonstrates the leadership and action commensurate with the scale of the climate risk before us.

Dollars deposited at Amalgamated are directly lent out to impact businesses that take corporate social responsibility seriously.  Amalgamated’s impact lending strategy is steeped in our values to build a more just and sustainable world.  The clients we serve are values-aligned organizations that we’re proud to do business with and support their efforts to make the world a better place. Today, we’d like to share the story of Namasté Solar, one of our solar lending clients focused on bringing clean energy to Colorado. 

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. 

Amalgamated Source

Amalgamated Bank (NASDAQ: AMAL), America’s socially responsible bank, announced today its endorsement of H.R. 40, calling upon the Federal Government to form a commission to study the effects of slavery and explore appropriate remedies and reparations for African Americans.

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.

Amalgamated Source

Amalgamated Financial Corp. (“Amalgamated Financial” or the “Company”) (NASDAQ:AMAL) and Amalgamated Bank (the “Bank”) today announced the consummation of a holding company reorganization, effective March 1, 2021, pursuant to which the Company became the parent bank holding company of the Bank.

Amalgamated Bank was founded almost 100 years ago to create a diverse, inclusive, and egalitarian community for labor workers. These tenets of our founding are elevated again today as we proudly announce that the Human Rights Campaign Corporate Equality Index (HRC CEI) has designated Amalgamated Bank “One of the Best Places to Work” in 2021.