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Amalgamated Bank
Amalgamated Bank has deployed $9.2B over 103 years as America's self-described socially responsible bank, financing climate and community development.
Amalgamated Bank
For over a century, Amalgamated Bank has been America’s Socially Responsible bank supporting thousands of people, organizations, causes and businesses. We work to make the world more equitable and sustainable for all by helping those who do good do better. Nonprofits, labor unions, advocacy groups, socially responsible businesses and others sharing a vision of positive change have all found a home in our community. Your money should align with your values, which is why Amalgamated Bank takes more than financial criteria into account when lending and investing. When lending & investing, we look for businesses with strong missions, and we refuse to invest our own dollars in funds that harm people or the planet.
General information
Firm type
Asset Manager
Year founded
1923
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
How does Amalgamated Bank originate its loan portfolio?
Amalgamated sources borrowers primarily through its historic relationships with labor unions, progressive nonprofits, and political organizations. Its commercial banking team — reachable by phone at a dedicated line — evaluates direct lending opportunities in affordable housing, renewable energy, and community development, aligning debt capital with the bank's stated social and climate mandates.
Is Amalgamated Bank a family office or an operating business?
It is a regulated, FDIC-insured commercial bank. Unlike a single-family or multi-family office, Amalgamated takes deposits, offers consumer checking and savings products, and is subject to federal banking regulations. Its investment activities are balance-sheet lending, not discretionary fund management for a single family.
Does Amalgamated Bank participate in fund commitments or only direct deals?
The bank's primary deployment is direct lending from its own balance sheet — commercial real estate loans, climate-finance facilities, and private credit extended directly to borrowers. There is no public evidence that Amalgamated acts as a limited partner in external venture capital, private equity, or hedge fund vehicles.
Which sectors does Amalgamated Bank explicitly avoid?
The bank's public disclosures and marketing materials emphasize alignment with social responsibility. By its own description, Amalgamated does not finance fossil-fuel exploration or extraction, private prisons, or weapons manufacturing. Formal exclusions are detailed in its corporate social responsibility reports available on the bank's website.
What is Amalgamated Bank's known posture on co-investments alongside external partners?
Amalgamated originates loans directly and occasionally participates in syndicated facilities alongside other mission-aligned banks and community development financial institutions. It does not operate a co-investment platform for third-party allocators and has not publicly structured a fund for external institutional co-investors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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