Company Information

Get to know Amalgamated Bank

Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has a century-long history of serving working people and their families. Today, it is America's largest B Corp certified bank and a public benefit corporation, committed to advancing positive social change. The bank provides a full range of personal and commercial banking services, including checking, savings, loans, and investment management, while focusing on environmental and social sustainability, and refusing to finance fossil fuel projects.

Industry

Financial BankingPRIMARY
Financial Other Service

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Amalgamated Bank

United States

Founded in

1923 (103 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.