Amalgamated Bank of Chicago

Season of Giving Reaches Small Businesses Through $4.3 Million in Accelerate Grants

Retrieved on: 
Monday, December 11, 2023
Banking, Professional Services, Business, Finance, Plant, Insurance, Multimedia, Federal Home Loan Banks, Small business, Community, Acceleration, Amalgamated Bank, Amalgamated Bank of Chicago

During the height of the holiday season, and directly following Small Business Saturday, 172 businesses in Illinois and Wisconsin learned that they would receive a $25,000 grant to support their business.

Key Points: 
  • During the height of the holiday season, and directly following Small Business Saturday, 172 businesses in Illinois and Wisconsin learned that they would receive a $25,000 grant to support their business.
  • The Federal Home Loan Bank of Chicago (FHLBank Chicago) awarded $4.3 million in total grants to deserving businesses to provide economic and community development throughout Illinois and Wisconsin – more than quadrupling their investment in Community First Accelerate Grants for Small Business (Accelerate Grants) year over year.
  • “Small businesses in our members’ communities provide valuable products and services that contribute to local economies,” said Katie Naftzger, Community Investment Officer, FHLBank Chicago.
  • The Plant provides jobs to low-and-moderate income individuals and reduces the high-cost market entry barrier for 20 small businesses.

Operation HOPE Adds William "Bill" Daley to Global Board of Advisors

Retrieved on: 
Wednesday, August 31, 2022
Commerce, CEO, Technology, Poverty, Public affairs, History of AT&T, Communication, Survivor, Board, Silver, Amalgamated Bank of Chicago, FICO, Amalgamated Bank, Operation HOPE, Inc., American Banker, Small business, BNY Mellon, Robert M. Price (business executive), HOPE, Public policy, Wells Fargo, JPMorgan Chase, National Operating Committee on Standards for Athletic Equipment, Charity Navigator, Capitalism, Social media, Private sector, Bank, Management

ATLANTA, Aug. 31, 2022 /PRNewswire/ -- Operation HOPE, Inc., the nation's largest non-profit dedicated to financial empowerment for underserved communities, today announced thatWilliam M. "Bill" Daley, has been elected to its global board of advisors.

Key Points: 
  • ATLANTA, Aug. 31, 2022 /PRNewswire/ -- Operation HOPE, Inc., the nation's largest non-profit dedicated to financial empowerment for underserved communities, today announced thatWilliam M. "Bill" Daley, has been elected to its global board of advisors.
  • Daley joins a distinguished Board that consists of some of the nation's top executives in business, banking, technology.
  • Advisory board members provide guidance and support to Operation HOPE, which provides financial literacy education to youth, adults and small business owners across the US.
  • "Operation HOPE continues to grow with the help of industry leaders, like Bill Daley, who challenge us to increase our impact.

Amalgamated Bank Provides Update on Acquisition of Amalgamated Bank of Chicago

Retrieved on: 
Friday, February 25, 2022
GLOBE, First Franklin Financial Corp., Federal Deposit Insurance Corporation, Income, Amalgamated Bank of Chicago, Xi, Coronavirus, Risk, Security (finance), Uncertainty, AMAL, COVID-19, Industry, Global Alliance, Private Securities Litigation Reform Act, Cyprus Securities and Exchange Commission, Amalgamated Clothing Workers of America, Amalgamated Bank, Share repurchase, Nasdaq, Legislation, Global Alliance for Banking on Values, Bank, Amalgamation

NEW YORK, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank (“AMAL” or the “Bank”), America’s socially responsible bank, today announced it has withdrawn its application for regulatory approval to acquire Amalgamated Bank of Chicago (“ABOC”) due to an inability to obtain such approval. As a result, AMAL is no longer proceeding with the transaction.

Key Points: 
  • NEW YORK, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank (AMAL or the Bank), Americas socially responsible bank, today announced it has withdrawn its application for regulatory approval to acquire Amalgamated Bank of Chicago (ABOC) due to an inability to obtain such approval.
  • Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, Amalgamated Bank.
  • Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the countrys oldest labor unions.
  • Amalgamated Bank provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers.

Amalgamated Bank Announces Agreement to Acquire Amalgamated Bank of Chicago

Retrieved on: 
Wednesday, September 22, 2021
ABOC, Goal, Nature, Reunion, Partnership, Trust, ESG, Keefe, Bruyette & Woods, Hinshaw & Culbertson LLP, Private Securities Litigation Reform Act, Investment, Social change, U.S. Securities and Exchange Commission, Global Alliance for Banking on Values, First Franklin Financial Corp., Corporate trust, Board, Amalgamated Bank, Qatar Financial Information Unit, Amalgamated Bank of Chicago, GLOBE, CEO, Industry, Hinshaw, THE, Federal Reserve Board of Governors, Acquisition, Growth, IT, AMAL, MSA, Nelson Mullins Riley & Scarborough, Leadership, Director, Risk, COVID-19, Technology, Global Alliance, Amalgamated Clothing Workers of America, Forward-looking statement, Organization, Nasdaq, SEC, Board of directors, Cryptocurrency, Bank, Risk management, Management, Security (finance)

NEW YORK and CHICAGO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank (“AMAL”), America’s socially responsible bank, today announced it has entered into a definitive agreement to acquire Amalgamated Investments Company, the holding company for Amalgamated Bank of Chicago (“ABOC”), for approximately $98.1 million, which includes an earnout of up to $1.1 million, in an all-cash transaction. Although the two entities have Amalgamated in the name, AMAL and ABOC are not currently affiliated.

Key Points: 
  • NEW YORK and CHICAGO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank (AMAL), Americas socially responsible bank, today announced it has entered into a definitive agreement to acquire Amalgamated Investments Company, the holding company for Amalgamated Bank of Chicago (ABOC), for approximately $98.1 million, which includes an earnout of up to $1.1 million, in an all-cash transaction.
  • We have long admired Amalgamated Bank of Chicago and are excited about this reunion of our once-related banks.
  • Piper Sandler & Co. served as financial advisor and Hinshaw & Culbertson LLP served as legal counsel to Amalgamated Bank of Chicago.
  • Amalgamated Bank is the countrys largest B Corp bank and a proud member of the Global Alliance for Banking on Values.

Amalgamated Bank Announces Second Quarter 2020 Earnings Conference Call

Retrieved on: 
Tuesday, July 14, 2020
Banks of the United States, Amalgamated Bank, Service Employees International Union, UNITE HERE, Amalgamated, Black Horse, Business, Companies, Economy of the United States, Amalgamated Bank of Chicago

NEW YORK, July 14, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its second quarter 2020 financial results will be released before market open on Tuesday, July 28, 2020.

Key Points: 
  • NEW YORK, July 14, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its second quarter 2020 financial results will be released before market open on Tuesday, July 28, 2020.
  • The Company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the financial results.
  • Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 11 branches in New York City, Washington D.C., and San Francisco.
  • 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 Bank Announces First Quarter 2020 Earnings Conference Call

Retrieved on: 
Thursday, April 16, 2020
Banks of the United States, Amalgamated Bank, Service Employees International Union, UNITE HERE, Amalgamated, Black Horse, Business, Companies, Economy of the United States, Amalgamated Bank of Chicago

NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its first quarter 2020 financial results will be released before market open on, Thursday, April 30, 2020.

Key Points: 
  • NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its first quarter 2020 financial results will be released before market open on, Thursday, April 30, 2020.
  • The Company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the financial results.
  • Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 13 branches in New York City, Washington D.C., and San Francisco.
  • 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 Bank Announces Fourth Quarter and Full Year 2019 Earnings Conference Call

Retrieved on: 
Thursday, January 16, 2020
Banks of the United States, Amalgamated Bank, Service Employees International Union, UNITE HERE, Amalgamated, Black Horse, Business, Companies, Economy of the United States, Amalgamated Bank of Chicago

NEW YORK, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its fourth quarter and full year 2019 financial results will be released before market open on, Thursday, January 30, 2020.

Key Points: 
  • NEW YORK, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its fourth quarter and full year 2019 financial results will be released before market open on, Thursday, January 30, 2020.
  • The Company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the financial results.
  • Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 13 branches in New York City, Washington D.C., and San Francisco.
  • 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 Bank Announces Third Quarter 2019 Earnings Conference Call

Retrieved on: 
Monday, October 14, 2019
Banks of the United States, Amalgamated Bank, Service Employees International Union, UNITE HERE, Amalgamated, Black Horse, Business, Companies, Economy of the United States, Amalgamated Bank of Chicago

NEW YORK, Oct. 14, 2019 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its third quarter 2019 financial results will be released before market open on Monday, October 28, 2019.

Key Points: 
  • NEW YORK, Oct. 14, 2019 (GLOBE NEWSWIRE) -- Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced that its third quarter 2019 financial results will be released before market open on Monday, October 28, 2019.
  • The Company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the financial results.
  • Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 13 branches in New York City, Washington D.C., and San Francisco.
  • 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.