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We stand for the just, fair, and equitable treatment of Black, Indigenous, and People of Color (BIPOC). We understand our obligation to recognize and correct systems of racial exclusion and oppression so that all people have equal opportunities to thrive. 

Our voice

  • Include racial justice and equity as core tenets of our corporate vision and values 
  • We use our voice to support the Black Lives Matter movement, racial justice, and equity for all 
  • We are the first U.S. bank to endorse HR40 - a bill establishing a Commission to explore reparations for African Americans 

Our Practices

  • Formed a Racial Justice Task Force to address internal bias and racism through training, employee engagement, and pathways to leadership 
  • Provide, promote, and expand opportunities for minority employees by sharing information, facilitating career development, promoting awareness, and influencing growth in a supportive and safe environment through our Minority Organization for Leadership and Development Employee Resource Group (MOLD ERG) 
  • We have included an anti-racism statement in the introduction of our employee handbook that identifies how the Bank also endeavors every day to be an anti-racism organization  

Our money

  • We do not lend money to companies and organizations that do not support the just, fair, and equitable treatment of the BIPOC community 
  • Through the Amalgamated Foundation Hate is Not Charitable campaign, $35M of the grants went to organizations that are focused on the Black Community and Communities of Color 
  • Amalgamated Foundation explicitly supports nonprofits led by People of Color and those fighting for racial justice as explicit criteria for grantmaking 

Why Amalgamated?


in assets


committed to renewable energy


donations to progressive causes and nonprofits