Amalgamated Bank - aVenture Asset Manager Research
Location
New York City, NY, US
Founded
1923
Amalgamated Bank, headquartered in New York City, is America's largest union-owned and one of the few unionized banks in the United States. As a socially responsible financial institution, it focuses on empowering organizations and individuals to advance positive social change. The bank offers a range of services including personal, small business, and commercial banking, as well as trust and investment services.
Majority-owned by Workers United, an SEIU affiliate, Amalgamated Bank demonstrates a strong commitment to labor and progressive causes. The bank provides specialized services such as Online Treasury Manager, Remote Deposit Capture, and Lockbox solutions for its commercial clients. Notable in its portfolio is FuelCell Energy, which has raised $87 million, indicating the bank's interest in supporting clean energy initiatives.
Amalgamated Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
