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Amalgamated Bank Commits to Net Zero Targets by 2045

Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) a mission-driven full-service commercial bank that empowers organizations and individuals to advance positive social change, today announced formal targets to achieve 49% reductions in 2030 and net zero greenhouse gas emissions in its financing and operations by 2045—five years ahead of the 2050 global deadline for net zero emissions, as stated by the UN Intergovernmental Panel on Climate Change.  

Statement from President & CEO, Priscilla Sims Brown, Regarding the NEC Climate Finance Report

Today, Amalgamated Bank released a statement from President and CEO Priscilla Sims Brown in response to the report from Brian Deese, Director of the National Economic Council and Gina McCarthy, National Climate Advisor. The report produces a full government framework and plans for addressing climate risk and ensuring stability for our communities, our financial system, and the federal government.

Amalgamated Bank Named Official Social Responsibility Partner of the WNBPA In Landmark Alliance

OneTeam Partners announced today that the Women’s National Basketball Players Association (“WNBPA”) and Amalgamated Bank, member of the Amalgamated Financial Corp. (Nasdaq: AMAL), America’s socially responsible bank, have launched a first-of-its-kind collaboration to make Amalgamated Bank the Official Social Responsibility Partner of the WNBPA.

Lynne Fox named one of the 2021 Directors to Watch

Amalgamated Bank is thrilled to congratulate our Chair of the Board, Lynne Fox, on being named one of the 2021 Directors to Watch.

To read the full article please visit Directors & Boards

Amalgamated Financial Corp. Appoints Jason Darby Chief Financial Officer

Amalgamated FinancialCorp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that it has appointed Jason Darby as Chief Financial Officer and Senior Executive Vice President, effective immediately.

Amalgamated Financial Corp. Appoints Priscilla Sims Brown Chief Executive Officer

Amalgamated Financial Corp. [Nasdaq: AMAL] (“Amalgamated” or the “Company”), America’s socially responsible bank, today named Priscilla Sims Brown its next President and Chief Executive Officer.

Amalgamated Bank Helps Launch Net Zero Banking Alliance

Amalgamated Bank today announced that it is a founding member of the Net Zero Banking Alliance, part of the Glasgow Finance Alliance for Net Zero. Amalgamated played a key role in the formation of the Alliance.

Amalgamated Financial Corp. Announces Management Changes

Amalgamated Financial Corp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that Drew LaBenne, Senior Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his decision to depart the Company to pursue a professional opportunity outside the banking industry.

Amalgamated Bank Becomes First Major U.S. Bank to Endorse HR 40

Amalgamated Bank (NASDAQ: AMAL), America’s socially responsible bank, announced today its endorsement of H.R. 40, calling upon the Federal Government to form a commission to study the effects of slavery and explore appropriate remedies and reparations for African Americans.

Amalgamated Financial Becomes the First Publicly Traded Financial Services Company to Incorporate as a Public Benefit Corporation

Amalgamated Financial Corp. (“Amalgamated Financial” or the “Company”) (NASDAQ:AMAL) and Amalgamated Bank (the “Bank”) today announced the consummation of a holding company reorganization, effective March 1, 2021, pursuant to which the Company became the parent bank holding company of the Bank.

Amalgamated Bank CEO Keith Mestrich Announces Plan to Step Down in Early 2021

Amalgamated Bank (Nasdaq: AMAL) (the “Company”) today announced that Keith Mestrich has informed the Board of Directors that he will step down from his positions as President and Chief Executive Officer on January 31, 2021. At that time, he will transition from a director to special advisor to the Board through July 2021. Mr. Mestrich joined Amalgamated Bank in 2012 and has served as its President and Chief Executive Officer since 2014.

Amalgamated Bank Supports Nonprofits Through the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program

Amalgamated Bank (Nasdaq: AMAL) announced today that it will distribute $80,000 in Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grants to local nonprofits that were adversely impacted by the coronavirus pandemic.