Amalgamated Bank Receives National Certification by Banking Advocates as Safe, Affordable Account
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Amalgamated Bank Announces $15 million Loan for Decarbonization and Climate Resilience Initiatives
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 $15 million loan to Inclusive Prosperity Capital, Inc. (IPC), a clean energy finance 501(c)3 platform, making new capital available to fund climate initiatives benefiting underserved market segments and communities.
Amalgamated Bank Announces Climate-Related Lending Data
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 change), released data today on its climate-related lending with 31% of loans in 2021 going to climate solutions.
Transitioning Appalachia from coal to solar: the story of Solar Holler
Today, we’d like to share the story of Solar Holler, one of our solar clients focused on bringing clean energy to Appalachia. We are proud of the support we are providing through our treasury management and lending services to Solar Holler.
Renew Financial Closes Sale of $160 Million in Residential PACE Assets to Amalgamated Bank
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.
New Columbia Solar and Amalgamated Bank Close $25M Loan to Support DC Solar
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.