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 (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 $20 million to $155 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 | ATU Local | 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 | OPEIU Local | 501(c)(5) | New York, NY | ||
| 7 | Nyc District Council of Carpenters Welfare Fund | 501(c)(9) | New York, NY | ||
| 8 | California Service Employees Health and Welfare Trust Fund | 501(c)(9) | Brisbane, CA | ||
| 9 | Welfare Trust Fund Local 804 | 501(c)(9) | Port Washington, NY | ||
| 10 | Teamsters Local 727 Health and Welfare Fund | 501(c)(9) | Park Ridge, IL | ||
| ... | and 61 more Amalgamated Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Amalgamated Bank in the nonprofit sector include Capital Research and Management Company, Cambridge Investment Research Inc, US Bank, Oneamerica Retirement Services LLC, Ubs Financial Services, Inc., Minnesota Life Insurance Company, Benefit Plans Admin Services, Inc., The Segal Company, Capfinancial Partners, LLC, and Adp.
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