Keith Mestrich, President and CEO of Amalgamated Bank, released the following statement on Amalgamated’s joint letter urging Federal Housing Finance Agency Director Mel Watts to recapitalize Fannie Mae and Freddie Mac.
Nation’s Leading Union-Owned Bank Announces First Female Board Chair
This may come as a surprise to you, but I’m not a Millennial. I do know a few people, though, who fall into this huge group that is now coming of age. One question I often see in the media or hear in private discussion is, “why won’t these kids settle down and buy homes? Don’t they want to live the American Dream?”
In “Banking That Gives Back” Program, Amalgamated Bank Customers Can Choose to Support a Range of Causes When Opening Accounts
Bank Continues to Make a Positive Local Impact With Community-Oriented Institutions
New Division to Further Bank’s Engagement and Support of and Dedication To Advocacy, Philanthropy and Justice for its Clients and their Communities
This morning, in response to New York State’s budget agreement on the statewide $15/hr. minimum wage, Keith Mestrich, President and CEO of Amalgamated Bank, said:
Amalgamated Bank Continues Long History of Aiding in Democratic Process by Standing with Community Leaders
New website highlights need and educates institutional investors about the benefits and opportunities of investing funds with diverse asset managers
Right now, despite many bank CEOs making tens of millions of dollars each year, the average bank teller makes just $25,800. Here in New York, 39 percent of bank tellers are forced to rely on public assistance programs just to make ends meet. This is morally wrong, yes, but it's also just bad business.
Governor Cuomo, Local Business Leaders & Chambers of Commerce Urge New York State Legislature to Enact First-in-the-Nation $15 Minimum Wage. Proposal Would Benefit More than 2.3 Million New Yorkers; Boost Direct Spending Power by $15.7 Billion.
Join the Fight for Fair Pay – Visit www.ny.gov/Fightfor15 to Learn More
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