Amalgamated Financial Corp. (AMAL)

24.60 +0.71 (+2.97%) At close: 04:00PM EDT

Amalgamated Financial Corp.

275 Seventh Avenue
New York, NY 10001
United States
212 255 6200
https://www.amalgamatedbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 425

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Priscilla Sims Brown	President, CEO & Director	1.88M	N/A	1957
Mr. Jason Darby	CFO & Senior Executive VP	803.78k	N/A	1973
Mr. Sean Searby	Executive VP & COO	555.41k	N/A	1982
Mr. Sam D. Brown	Senior EVP & Chief Banking Officer	825.11k	N/A	1982
Ms. Margaret Matilda Lanning	EVP & Chief Credit Risk Officer	535.75k	N/A	1954
Ms. Leslie S. Veluswamy	Executive VP & Chief Accounting Officer	N/A	N/A	1985
Mr. Adrian Glace	Senior VP & Chief Technology Officer	N/A	N/A	1977
Mr. Edgar Romney Jr.	Senior VP & Chief Strategy and Administrative Officer	N/A	N/A	1980
Ms. Mandy Tenner	Executive VP & General Counsel	N/A	N/A	1980
Mr. Tye Graham	EVP & Chief Human Resources Officer	N/A	N/A	1964

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; residential mortgage loans; and retail loans, such as residential real estate, consumer solar, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as funds spanning equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.

Corporate governance

Amalgamated Financial Corp.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 3; Board: 7; Shareholder rights: 4; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.