FAQs

At Amalgamated, the safety and security of your account(s) is our top priority. Browse the topics below to learn more about how we protect your personal information and finances, and what you can do to further protect yourself and your account(s).

For more information on how to bank anywhere using your computer or mobile device, view our quick reference guides.

For assistance with fraud and security measures on your account, please contact our Customer Service team at 800-662-0860.

The promotional campaign is available for new and existing customers.

Yes, the promotion is available in the branches.

Account(s) must be opened during March 1, 2024, to April 30, 2024. The New Money Market account must remain open and in good standing at the time we attempt to deposit the bonus payment. Please note that an account with a zero balance for more than 30 calendar days may result in your account being closed by us without prior notice, as further described in the Deposit Account Agreement.

1. Open a new Money Market account; and
2. Fund the new Money Market account with new money only; and
3. Maintain opening deposit requirement for 180 consecutive calendar days 

Minimum daily balance of $10,000 is required to maintain the promotional rate.

Customers who opt to not take advantage of the promotion are eligible for a new Money Market account that requires a minimum deposit of $100 if opened online or no minimum deposit if opened in a branch. Please note that you may still receive the promotional rate as long as the minimum balance requirement for the promotion is met. For more information, please consult our Truth in Savings Disclosure.

Promotion Payout: Once the Bank has determined that all promotional requirements have been met, the cash bonus will be credited to your Amalgamated Bank Money Market account on or before November 22, 2024. To receive the credit the account must be open and have a positive balance at the time of bonus payout. The value of the bonus may have to be reported to the IRS. Consult with your tax advisor for tax advice.

You can contact us at 800-662-0860 or email us at AccountSupport@AmalgamatedBank.com.

Existing customers with Amalgamated Money Market account(s) can qualify for the rate promotion by opening a new Amalgamated Money Market account and funding it with new money. However, if minimum initial deposits are not met, you will not qualify for the cash incentive.

The Money Market account must be funded with new money only to receive the promotion.

If the opening balance is not maintained for 180 consecutive calendar days you will not be eligible for the cash bonus. However, you may still receive the promotional rate as long as the minimum balance requirement for the promotion is met.

You can make additional deposits. Please note making additional deposits after initial opening deposit will not qualify you for a higher cash bonus. Cash bonuses are based on initial opening deposit only.