Is Amalgamated Bank closing?

New York-based Amalgamated Bank is permanently discontinuing three more branch offices in New York City, effective Sept. 25, according to the New York State Department of Financial Services.

Is Amalgamated Bank a credit union?

Structure. Amalgamated Bank is the largest majority union-owned bank in the United States. The bank’s corporate divisions include Consumer Banking, Commercial Banking, Investment Management and Commercial Lending.

Is Amalgamated Bank real?

Amalgamated Bank (Nasdaq: AMAL) is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Founded on April 14, 1923, by the Amalgamated Clothing Workers of America, As of 30 July 2015, Amalgamated Bank has nearly $4 billion in assets.

Does Amalgamated Bank use Zelle?

You can send, request, or receive money with Zelle. To get started, log into Amalgamated Bank of Chicago’s online banking or mobile app, navigate to Bill Pay and select “Send Money with Zelle®”.

Is Amalgamated Bank FDIC insured?

Like New Resource Bank, Amalgamated Bank offers deposit insurance coverage as provided by the Federal Deposit Insurance Corporation (FDIC).

Who is the CEO of Amalgamated Bank?

Priscilla Sims Brown (Jun 1, 2021–)
Amalgamated Bank/CEO
Priscilla Sims Brown is the President and Chief Executive Officer of Amalgamated Bank. Ms. Brown is a multi-national board director and C-suite executive with 30 years of financial services experience.

Where is Amalgamated Bank headquartered?

United States
Amalgamated Bank/Headquarters

What is Amalgamated Bank routing number?

026003379
You can use your existing checks until they run out. If you order checks from a third party on or after November 13, you must provide Amalgamated Bank’s name and routing number: 026003379.