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Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank serves working-class consumers, trade unions, and businesses through about a dozen branches in New York City, as well as locations in California, New Jersey, and Washington, DC; it opened its first three branches in Las Vegas in early 2008. In addition to standard services like deposits, mortgages and other loans, and investments, the bank also administers union-related trust funds, multi-employer benefits plans, and public pension funds. It has some $13 billion of institutional assets under management. Amalgamated Bank is an active investor, monitoring corporate governance of companies in which it invests.
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Address: |
275 7th Ave.
New York, NY 10001
| | Phone: | 212-255-6200 | | Fax: | 212-895-4507 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 228.30 M | | Employees (2008): | 433 |
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Key People
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Chairman:
Bruce Raynor
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President,CEO, and Director:
Derrick Cephas
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COO:
Barry Kipnis
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