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Amalgamated Bank (Nasdaq: AMAL) (the “Company”) today announced that Keith Mestrich has informed the Board of Directors that he will step down from his positions as President and Chief Executive Officer on January 31, 2021. At that time, he will transition from a director to special advisor to the Board through July 2021. Mr. Mestrich joined Amalgamated Bank in 2012 and has served as its President and Chief Executive Officer since 2014.

Amalgamated Bank (Nasdaq: AMAL) announced today that it will distribute $80,000 in Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grants to local nonprofits that were adversely impacted by the coronavirus pandemic.

As part of its continued commitment to social responsibility and sustainability, Amalgamated Bank (Nasdaq: AMAL) today announced it will become the first U.S.-based publicly traded company and the first publicly traded bank across the globe to amend its Organization Certificate to formally recognize the value of business objectives that realize standards of sustainability and public good.

Amalgamated Bank (Nasdaq: AMAL) today announced the publication of its 2019 Corporate Social Responsibility (CSR) Report. This report, titled “Responsibility in Action,” provides a comprehensive overview of Amalgamated’s CSR policies, strategies, initiatives, and related performance. For nearly 100 years, Amalgamated has used its financial resources and corporate influence to advance economic, social, and environmental change.

Amalgamated Bank (Nasdaq: AMAL) today announced the launch of the Frontline Workers Fund, designed to provide financial support for workers on the frontlines of the COVID-19 pandemic, including nurses and health care workers, grocery workers, cleaning service workers, food service workers, laundry workers in hospitals, and retail workers, amongst others.

Today, Renew Financial announced the sale of $160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs of renewable energy, safety, and energy efficient home improvements at a fixed interest rate with flexible repayment terms. 

Amalgamated Bank (NYSE: AMAL) announced today that it has entered into an agreement with Invesco to become a sub-adviser for Amalgamated’s Investment Management business.

New Columbia Solar ("NCS"), a commercial solar developer and operator in Washington, DC, today announced the closing of a $25M loan facility to support the financing of over $50M of solar photovoltaic projects in Washington, DC.

Bank Director recently featured Amalgamated Bank in their magazine about our 96 year history and our mission to support socially responsible companies and progressive causes.

As part its ongoing leadership in social responsibility and sustainability, Amalgamated Bank (Nasdaq: AMAL) today unveiled a series of major steps in advancing its commitment to a more sustainable world.

Keith Mestrich discusses on CNN how he and 144 other CEOs have called on the Senate to enact gun safety measures

Profile Magazine recently released a special feature about Mandy Tenner, Amalgamated Bank's Senior Vice President and Deputy General Counsel