General Info

Amalgamated Bank, coined America s Labor Bank, individuals, unions, associations and businesses with affordable banking services since 1923. The financial institution, which maintains operations throughout New York, New Jersey, Washington, D.C., and California, offers innovative services that help familys manage their funds and help unions and businesses meet their financial demands. It is a commercial bank chartered in New York that offers nationwide service. As a result of a 1995 merger between the Amalgamated Clothing & Textile Workers and the International Ladies Garent Workers Union to form the Union of Needletraders, Industrial, and Textile Employees (UNITE), and a merger in 2004 between UNITE and the Hotel Employees and Restaurant Employees International Union (HERE), Amalgamated Bank is owned by UNITE HERE. It offers a full line of individual banking services, including trust, investment advisory, custodial and benefit remittance services for Taft-Hartley and public sector employee benefit plans since 1973. Amalgamated Bank maintains multiple locations throughout New York.