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2.2
4 ratings
3.0
Salary & Benefits
1.8
Professional growth
2.5
Work-Life balance
1.8
Recognition & Support
2.0
Culture & Values
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Amalgamated Bank is a financial institution that engages in credible banking activities. It assists organizations and advancing movements. It has been in existence for 97 years and is located in New York. It has over 400 employees and 5 billion dollars in assets. It provides its services to over 1000 labor unions, 500 political organizations, social impact enterprises, and foundations. Some of its services include corporate duties and educational events. Its mission is to empower individuals and organizations for advancement through responsible banking. Its vision is to further social, economic, racial, and environmental justice. Its values include integrity, passion, collaboration, responsibility, inclusion and equity, proactivity, and service. Job opportunities include short-term branch service manager, short-term retail banking representative, senior contact center representative, general contact center representative, levies representative, network engineer, and residential mortgage processor. Some of its employee benefits are health, dental, disability, and life insurance, 401k plan and, tuition reimbursement.

Company - Private
$100M to $500M
Medium
Multiple locations
Commercial Banking Companies
1923
Keith Mestrich
What departments Amalgamated Bank employees work at?
DepartmentsRatio
other occupation66.8%
Chief Executives33.2%
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See what companies are similar to Amalgamated Bank
Commercial Banking Companies
Large size
Financial Transactions Processing
Large size
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Team

Professional experience

How many years of experience do Amalgamated Bank employees have before joining?
Years of experience at Amalgamated Bank: Newcomers: 20%, Experiencers: 15%, Experts: 19%, Veterans: 46%. Amalgamated Bank employees have 8+ years experience on average before joining.
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Where did Amalgamated Bank employees work before joining?
Where they've worked before Amalgamated Bank: Astoria Bank, Bank of America, Citi. Typical Amalgamated Bank employees have worked at Astoria Bank.
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Astoria Bank
Bank of America
Citi
What industries did Amalgamated Bank employees work in previously?
Industry Background: The most typical industries of Amalgamated Bank: Commercial Banking Companies, Investment Banking & Securities Brokerage Firms, Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Financial Transactions Processing
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Where did Amalgamated Bank employees work before joining?
Past employers' size at Amalgamated Bank: Small: 30%, Medium: 16%, Large: 54%. Most Amalgamated Bank employees have previously worked at large companies.
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Educational background

What did employees at Amalgamated Bank study?
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Where did employees at Amalgamated Bank study?
Baruch College
Hofstra University
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Employee data

How long do people stay in a role at Amalgamated Bank?
Time employed at Amalgamated Bank: <1: 15%, 1-3: 29%, 4-8: 32%, 9-13: 15%, 14-20: 5%, 20+: 4%. Most Amalgamated Bank employees stay with the company for 4-8 years which is the same as the industry average.
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How does Amalgamated Bank rank for age & gender diversity?
Gender ratio at Amalgamated Bank: 61.8% Male and 38.2% Female. Age ratio at Amalgamated Bank: 16-20: 2%, 21-30: 29%, 31-40: 36%, 41-50: 13%, 51-60: 13%, 60+: 7%. Amalgamated Bank rates - 4.8% less female than the industry average. Most Amalgamated Ba
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Career advancement

How does Amalgamated Bank rank for career advancement?
Career advancement at Amalgamated Bank: low. Amalgamated Bank ranks low for career advancement which is same as the industry average.
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What companies do Amalgamated Bank employees go on to work at?
Future employers of Amalgamated Bank: Apple Bank, Bank of America, Capital One, Citi, First Central Savings Bank. People who work at Amalgamated Bank most typically go on to work for the Apple Bank.
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Apple Bank
Bank of America
Capital One
Citi
First Central Savings Bank

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Amalgamated Bank Reviews and Ratings

Have some insight of Amalgamated Bank?
Get the scoop on what others who have experience with Amalgamated Bank think of working there or join the conversation by leaving a review.
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AVP Account Executive
New York, NY - June 5, 2023
Good money but watch your back when it comes to management...
1.6
Ratings
1
Professional growth
3
Salary & Benefits
2
Work-Life balance
1
Recognition & Support
1
Culture and Values
The best thing I can say about Amalgamated Bank is the pay. As a Senior First Contact Representative (call center rep) for small business accounts I developed productive & supportive relationships with Account Executives throughout the bank and was promoted to the AVP Account Executive position. I was based in NYC but placed on a team based out of California that was acquired from a bank merge a year prior that needed a person very familiar with Amalgamated Business accounts/products. The biggest issue I had was working under a non-supportive manager who neglected their duty of making sure I was properly set up systems wise and had the proper access to perform particular duties required, that was never accomplished. I had to take it upon myself to acquire the proper access to do the job. My clients treated me better than my manager.

Pros and Cons
Amalgamated does tend to pay better than most other banks and banks ten times the size of them.
Insecure management, poor training, low support, few opportunities to advance.
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Discussion about Amalgamated Bank

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Share your thoughts and ideas about Amalgamated Bank with others in our community.
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When was Amalgamated Bank established?
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Benjamin Gardner3 years ago
1923.
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gender breakdown at Amalgamated Bank?
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Benjamin Gardner3 years ago
gender ratio is 38.2% female, 61.8% male.
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What industry does Amalgamated Bank belong to?
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Sophie Hayes3 years ago
Banking/Mortgage.
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Where is Amalgamated Bank’s HQ?
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Liam Brown3 years ago
New York, NY.
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What is the annual revenue of Amalgamated Bank?
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Liam Brown3 years ago
$100m to $500m.
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Who is the CEO of Amalgamated Bank?
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Sophie Hayes3 years ago
Keith Mestrich.
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How often do employees get promoted at Amalgamated Bank ?
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Liam Brown3 years ago
advancement opportunities are low
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How long do people usually work for Amalgamated Bank?
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Sophie Hayes3 years ago
4-8 year(s).
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what kind of companies did Amalgamated Bank employees work for?
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Liam Brown3 years ago
Large companies before Amalgamated Bank.
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Top future employers of Amalgamated Bank employees?
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Liam Brown3 years ago
Apple Bank, Bank of America, Capital One, Citi, First Central Savings Bank, Investors Bank, JPMorgan Chase & Co., Signature Bank.
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Where did employees work before joining Amalgamated Bank?
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Liam Brown3 years ago
Astoria Bank, Bank of America, Citi, Deutsche Bank, GE Capital, JPMorgan Chase & Co., Morgan Stanley, New Resource Bank.
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How old are Amalgamated Bank’s employees in general?
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Isabella Holmes3 years ago
around 31-40.
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Where did most of Amalgamated Bank employees go to school?
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Isabella Holmes3 years ago
Baruch College, Hofstra University, New York University, Queens College, St John's University-New York.
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Isabella Holmes Career Advocate
Isabella Holmes
Career Advocate
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