Amalgamated Bank of Chicago

Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of six branches in New York City, Washington D.C., San Francisco, and Boston. Amalgamated was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country's oldest labor unions. Amalgamated provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of September 30, 2020, total assets were $6.6 billion, total net loans were $3.6 billion, and total deposits were $6.0 billion. Additionally, as of September 30, 2020, the trust business held $33.1 billion in assets under custody and $14.3 billion in assets under management.