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 and Illinois (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 $16 million to $194 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Service Employees International Union - Licensed Ushers & Ticket Takers 176 (SEIU) | 501(c)(5) | Washington, DC | ||
| 2 | Van Ameringen Foundation | 501(c)(3) | New York, NY | ||
| 3 | Building Service 32bj Health Fund | 501(c)(5) | New York, NY | ||
| 4 | International Association of Fire Fighters (IAFF) | 501(c)(5) | Washington, DC | ||
| 5 | Office and Professional Employees International Union | 501(c)(5) | New York, NY | ||
| 6 | BCTGM International Union (BCTGM) | 501(c)(5) | Kensington, MD | ||
| 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 60 more Amalgamated Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Amalgamated Bank in the nonprofit sector include Sei Investments, Regions Bank, Newport Trust Company, Comerica Bank, Ubs Financial Services Inc, Massachusetts Mutual Life Insurance Co., Morgan Stanley Smith Barney LLC, Newport Group, Inc., RBC Wealth Management, and Charles Schwab Bank.
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