Does Amalgamated Bank pay their employees well?

According to anonymously submitted Glassdoor reviews, Amalgamated Bank employees rate their compensation and benefits as 2.3 out of 5. Find out more about salaries and benefits at Amalgamated Bank. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at Amalgamated Bank?

36% of Amalgamated Bank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Amalgamated Bank 2.9 out of 5 for work life balance, 2.6 for culture and values and 2.2 for career opportunities.

What are the top reviewed jobs at Amalgamated Bank?

Vice President (7) , First Vice President (5) , Intern (5) , Underwriter (4) , Account Support Administrator (2) , Analyst (2) , Assistant Manager (2) , Assistant Vice President (2) , Associate (2) , Banker (2) , Commercial Real Estate Analyst (2) , Teller (2)

What are the pros of working at Amalgamated Bank according to real employee reviews?

"2) great people" ((in 10 reviews)); "Good benefits." ((in 9 reviews)); "One of the few places around that still has a pension AND a 401k, Also has a pretty liberal sick" ((in 6 reviews)); "1) great managers" ((in 4 reviews)); "The pay is decent and they are effective at making employees believe they are a fair and unbiased institution who believes in building and developing their employees." ((in 4 reviews))

What are the cons of working at Amalgamated Bank according to real employee reviews?

"Layoffs are frequent throughout the bank on an annual basis." ((in 4 reviews)); "Why does management constantly slam its people because they don't know how to lead properly?" ((in 4 reviews)); "The CEO is extremely ego driven and doesn’t like hearing unfavorable opinions, so everyone shields him from the truth." ((in 3 reviews)); "They see people as numbers and don’t care about them as people or happy employees." ((in 3 reviews)); "(c) Salary not at all competitive with the market rate in NYC." ((in 3 reviews))

What are employees saying about Amalgamated Bank layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Amalgamated Bank layoffs and their outlook for job security at Amalgamated Bank in 2026.

What are the top reviewed Amalgamated Bank locations?

New York , Chicago , Bronx , Washington , North Chicago , Sunnyside , Wantagh , Pasadena , San Francisco , Atlanta , Midtown New York

Amalgamated Bank reviews

2.4

36% would recommend to a friend

(119 total reviews)

Keith Mestrich

43% approve of CEO

30% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Amalgamated Bank has an employee rating of 2.4 out of 5 stars, based on 119 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Amalgamated Bank employee rating is 35% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

119 reviews

1.0

Oct 1, 2025

Avoid This Company – Toxic Environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

NONE NONE NONE NONE NONE!!!!!!

Cons

Extremely toxic work environment where management rules by fear. No opportunities for growth or career development. Leadership relies on micromanagement instead of trust or support.

3.0

Jan 22, 2025

Pay crazy

Inbound/outbound call center representative

Recommend

CEO approval

Business Outlook

Pros

Never make 40 hours only 35 because they focus on work life balance

Cons

Union and things that taken out no matter how much you make it doesn’t even help with your pay

2.0

Apr 26, 2024

Great Brand

Vice president

Recommend

CEO approval

Business Outlook

Pros

The best thing going for this bank is their brand. They are a Certified B corp. and advertise as a socially, environmentally responsible company.

Cons

They treat their employees poorly. I can only speak to my own department but they don’t listen to ideas or suggestions from employees. Meetings held were to listen to the sr. Mgr in silence. Layoffs are frequent throughout the bank on an annual basis. Salaries tend to be below market.

Viewing 37 - 39 of 119 Reviews

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Jobs at Amalgamated Bank

Account Support Administrator

Digital Workplace Analyst

Senior Contact Center Representative

Client and Outsourcing Support Administrator

Visual Communication Manager