Founded by Labor, for Labor.
Founded by the Amalgamated Clothing and Textiles union in 1923, Amalgamated Bank has always been dedicated to supporting workers by actively advocating for workers’ protections to promoting wage fairness and job creation.
We’re proud to support working families and to serve hundreds of unions across the country by providing tailored banking solutions designed to meet the unique banking needs of union members and local and national union organizations including the AFL-CIO. We have stood up for workers' rights and know what it means to be part of a union – because we were founded by one nearly a century ago.
For over 30 years we have been a stable and reliable source of investment management and custody services for hundreds of union pension funds.
Control your accounts with our secure online system and conduct business more efficiently with Remote Deposit Capture, ACH, Positive Pay and more.
We work with hundreds of unions, focusing on what’s best for workers in public service, building trades, healthcare and other industries keeping us safe, smart and strong. We have a defined benefit pension plan and don’t just believe in collective bargaining, we have one.