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.
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
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.
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
96 years
helping those who do good, do better
Unions we serve
How we’re different
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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.