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 11 reviews)); "Good benefits." ((in 7 reviews)); "Good work life balance." ((in 4 reviews)); "One of the few places around that still has a pension AND a 401k, Also has a pretty liberal sick" ((in 4 reviews)); "Great coworkers, nice benefits, good work equipment" ((in 3 reviews))

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

"salary is bit low for freshers" ((in 4 reviews)); "(e) Layoffs happen on a regular basis" ((in 4 reviews)); "Could use better leadership" ((in 4 reviews)); "Managers have to much lead way to use the broad rules as a form of control" ((in 3 reviews)); "The CEO is extremely ego driven and doesn’t like hearing unfavorable opinions, so everyone shields him from the truth." ((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

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Amalgamated Bank

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 category

3.2

Diversity & inclusion

2.9

Work/Life balance

2.6

Culture & values

2.3

Compensation and benefits

2.2

Senior management

2.2

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

119 reviews

2.0

Jan 21, 2025

Decent

Operations associate

Recommend

CEO approval

Business Outlook

Pros

-Flexibility to work from home

Cons

-Under paid -Under staffed -Difficulty to take time off -No room for career growth or advancement -Minimum increase in salary each year -Micromanaging

3.0

Jul 11, 2024

Employee

Loan administrator

Recommend

CEO approval

Business Outlook

Pros

Good work life balance and great culture and values

Cons

The pay range is low especially for nyc

3.0

May 19, 2024

Limited Room for Career Growth

Vice president

Recommend

CEO approval

Business Outlook

Pros

- Corporate Office is located in Chelsea close to Penn Station - Significant Improvements in Production of Loan Quality and Risk Management Processes - Institutional Lending Approach with new management regime

Cons

- Bank isn’t materially growing either organically or through acquisitions - My department didn’t feel like a cohesive team and was too clannish - Limited career trajectory due to lack of growth of the balance sheet

Viewing 64 - 66 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

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Decent

Employee

Limited Room for Career Growth

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