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, California, 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 $16 million to $200 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 59 more Amalgamated Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Amalgamated Bank in the nonprofit sector include Fidelity, Kestra Advisory Services LLC, Merrill Lynch, Matrix Trust Company, Raymond James and Associates, Global Retirement Partners LLC, Alerus Financial, N.a., Charles Schwab Bank, Massachusetts Mutual Life Insurance Co., and Newport Trust Company.
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