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 with revenues ranging from $16 million to $182 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Service Employees International Union (SEIU) | 501(c)(5) | Washington, DC | ||
| 2 | International Association of Fire Fighters (IAFF) | 501(c)(5) | Washington, DC | ||
| 3 | Office and Professional Employees International Union | 501(c)(5) | New York, NY | ||
| 4 | BCTGM International Union (BCTGM) | 501(c)(5) | Kensington, MD | ||
| 5 | Building Service 32bj Health Fund | 501(c)(9) | New York, NY | ||
| 6 | Nyc District Council of Carpenters Welfare Fund | 501(c)(9) | New York, NY | ||
| 7 | Welfare Trust Fund Local 804 | 501(c)(9) | Long Island City, NY | ||
| 8 | IUOE Local 30 Benefits Fund | 501(c)(9) | Whitestone, NY | ||
| 9 | Board of Trustees of SMWIA Lu No 28 Welfare Fund | 501(c)(9) | Mineola, NY | ||
| 10 | Teamsters Local 727 Health and Welfare Fund | 501(c)(9) | Park Ridge, IL | ||
| ... | and 60 more Amalgamated Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Amalgamated Bank in the nonprofit sector include Voya Retirement Insurance and Annuity Co., Benefit Plans Admin Services, Inc., Ubs Financial Services, Inc., Capital Research and Management Company, US Bank, The Segal Company, Capfinancial Partners, LLC, Reliance Trust Company, Voya Retirement Insurance and Annui, and TD Ameritrade.
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