Amalgamated Bank is a company that provides commercial bank, investment management, fiduciary trustee, financial advisor, and administrative support to nonprofit clients. They primarily provide their services regionally, with most clients in New York, Illinois, and New Jersey (although they are present in other states as well).
Most Amalgamated Bank clients are health and welfare funds and labor unions with revenues ranging from $19 million to $145 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Service Employees International Union (SEIU) | 501(c)(5) | Washington, DC | ||
| 2 | Unite Here | 501(c)(5) | New York, NY | ||
| 3 | Amalgamated Transit Union (ATU) | 501(c)(5) | Silver Spring, MD | ||
| 4 | Van Ameringen Foundation | 501(c)(3) | New York, NY | ||
| 5 | Building Service 32bj Health Fund | 501(c)(5) | New York, NY | ||
| 6 | Office and Professional Employees International Union | 501(c)(5) | New York, NY | ||
| 7 | Nyc District Council of Carpenters Welfare Fund | 501(c)(9) | New York, NY | ||
| 8 | Welfare Trust Fund Local 804 | 501(c)(9) | Port Washington, NY | ||
| 9 | Teamsters Local 727 Health and Welfare Fund | 501(c)(9) | Park Ridge, IL | ||
| 10 | IUOE Local 30 Benefits Fund | 501(c)(9) | Whitestone, NY | ||
| ... | and 65 more Amalgamated Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Amalgamated Bank in the nonprofit sector include Oneamerica Retirement Services LLC, Minnesota Life Insurance Company, Adp, Cambridge Investment Research Inc, The Segal Company, Voya Retirement Insurance and Annuity Co., US Bank, Capfinancial Partners, LLC, Capital Research and Management Company, and Ubs Financial Services, Inc..
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