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Amalgamated Bank and Urban Ingenuity Announce Commitment to Community Owned Clean Energy At Clinton Global Initiative

Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social and environmental change, announced today a joint commitment with Urban Ingenuity to launch the Working Power Project.

Amalgamated Bank Petition for New Code for Gun and Ammunition Stores Has Been Approved by International Standards Organization

Amalgamated Bank announced that its application to the International Standards Organization for a new merchant category code (MCC) for gun and ammunition stores was approved. This code is the key to creating new tools that all financial institutions must now use to begin detecting and reporting suspicious activity associated with gun trafficking and mass shootings to the Financial Crimes Enforcement Network, the government agency charged with safeguarding the financial system from illicit use.