Construction worker

Unions

Founded by Labor, for Labor

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.

pledge up
PledgeUp
A new way to organize
  • A unique union mobile offering
  • Improve operational efficiencies
  • Automate the collection of dues
  • Cut turf to sign up new members
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
Photo of Kevin Collins

First Vice President
Labor and Taft-Hartley

202-721-0760

Why Amalgamated?

Block
$5 billion

in assets

100%

giving to Democratic candidates

96 years

helping those who do good, do better

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

How we’re different

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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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photo of person blowing confetti in their hands
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.