Bank Funders

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.