Established in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank continues the progressive traditions of its founders as the only 100 percent union-owned bank in the United States.

Chartered by New York State, Amalgamated Bank is an FDIC insured commercial bank with $4.5 billion in assets. The Bank's corporate divisions also include Commercial Banking, Real Estate Finance and Amalgamated Capital. Through its Institutional Asset Management and Custody Division, the Bank is also one of the leading providers of investment and trust services to Taft-Hartley plans in the United States.

In addition, Amalgamated Bank has 22 retail branches including 16 in New York City as well as branches in: Las Vegas, Nevada; Lyndhurst, New Jersey; Pasadena, California and Washington, D.C.