Amalgamated Financial Corp.

Amalgamated Financial Corp. operates as a full-service commercial bank. On March 1, 2021, the company acquired Amalgamated Bank, a New York state-chartered commercial bank, making the Bank its sole subsidiary and the company its holding company. Amalgamated Bank was established in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America. As of December 31, 2025, Workers United, an affiliate of the Service Employees International Union, holds approximately 38% of the company's equity. The company provides a complete range of commercial and retail banking products, investment management, trust and custody services, and lending services. It generates relationship deposits from its values-based commercial clients and consumer customers. The company also develops relationships through its trust, custody, and investment management services, which generate fee income. Additionally, it offers investment, brokerage, asset management, and insurance products to retail customers through a third-party broker dealer. The company maintains a commitment to corporate social responsibility, with its Board of Directors and executive management overseeing its mission to be America's socially responsible bank. A cross-departmental Corporate Social Responsibility (CSR) Committee, led by the Chief Sustainability Officer, implements policies and strategies and reports quarterly to the Board.