Amalgamated Bank
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Amalgamated Bank was founded in 1923 by labor organizer Sidney Hillman and leaders of the Amalgamated Clothing Workers of America with a mission to provide hardworking individuals and their families the same access to quality and affordable banking services that big businesses and wealthy people enjoyed. This founding principle that the financial system should be open and accessible to all remains central to the bank's operations today.
The bank aligns finances with values and helps customers create meaningful change for a better world. Amalgamated Bank offers socially responsible investing options, including fossil fuel-free portfolios, and integrates environmental, social and governance (ESG) and sustainability values as a key component of its culture. The bank serves nonprofits, philanthropic organizations, unions, political organizations, and sustainable organizations, providing commercial lending, social impact lending, and institutional investing services designed to help clients' bottom line while creating lasting change.
Key benefits
Values-Aligned Banking
Bank that aligns your finances with your values and helps create meaningful change for a better world, with a 100-year history of social responsibility.
Socially Responsible Investing
ESG and sustainability-focused investment products including fossil fuel-free portfolios designed to deliver returns while creating lasting positive impact.
Social Impact Lending
Specialized lending solutions including social impact lending, C-PACE financing, and support for nonprofits, unions, and sustainable organizations.
Mission-Driven Heritage
Founded to provide hardworking individuals the same access to quality banking as wealthy entities, maintaining commitment to accessibility and affordability.
Amalgamated Bank's investment approach centers on environmental, social and governance (ESG) and sustainability values. The bank offers investment opportunities designed to generate financial returns while creating lasting social and environmental change. Their investment services include socially responsible investing options, fossil fuel-free portfolios, and products focused on aligning financial performance with positive impact.
The bank serves mission-driven organizations including nonprofits, unions, and sustainable enterprises through specialized investment management, custody services, and benefit disbursement solutions.
Frequently asked questions
- What does Amalgamated Bank fund?
- Amalgamated Bank was founded in 1923 by labor organizer Sidney Hillman and leaders of the Amalgamated Clothing Workers of America with a mission to provide hardworking individuals and their families the same access to quality and affordable banking services that big businesses and wealthy people enjoyed. This founding principle that the financial system should be open and accessible to all remains central to the bank's operations today. The bank aligns finances with values and helps customers create meaningful change for a better world. Amalgamated Bank offers socially responsible investing options, including fossil fuel-free portfolios, and integrates environmental, social and governance (ESG) and sustainability values as a key component of its culture. The bank serves nonprofits, philanthropic organizations, unions, political organizations, and sustainable organizations, providing commercial lending, social impact lending, and institutional investing services designed to help clients' bottom line while creating lasting change.
- What is Amalgamated Bank's check size?
- Varies
- What is Amalgamated Bank's investment thesis?
- Amalgamated Bank's investment approach centers on environmental, social and governance (ESG) and sustainability values. The bank offers investment opportunities designed to generate financial returns while creating lasting social and environmental change. Their investment services include socially responsible investing options, fossil fuel-free portfolios, and products focused on aligning financial performance with positive impact. The bank serves mission-driven organizations including nonprofits, unions, and sustainable enterprises through specialized investment management, custody services, and benefit disbursement solutions.
- Which sectors does Amalgamated Bank invest in?
- Community Development, Environment & Conservation, Impact Finance
At a glance
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Locations
- Founded
- 1923
