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Amalgamated Bank

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Amalgamated Bank reviews

2.4

36% would recommend to a friend

(119 total reviews)

Keith Mestrich

43% approve of CEO

30% positive business outlook

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
2.0
Jan 24, 2018
Recommend
CEO approval
Business Outlook

Pros

(a) Pension Plan - if you survive 5 years. (b) Benefit package (c) Paid Vacation and Sick Days

Cons

(a) There is no matching of the 401(k) plan (b) Benefit package has been cut back during the last 6 years that I have been here. (c) Salary not at all competitive with the market rate in NYC. And once you start here, the annual increase is pretty small. I suspect those at certain levels get big bonus, but those of us at middle management get little. (d) There is no formal training program or career path - so you are entirely on your own if you want to grow professionally. And nobody here seems to have heard the concept of tuition reimbursement. (e) Layoffs happen on a regular basis (f) Those with connections to the executive suite get hired and promoted.

4.0
Jan 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Growth, community involvement, great team spirit, a pension (which NO ONE has anymore), very good benefits.

Cons

Sometimes it is so busy you don't know which way to turn first, but the days pass very quickly. You have to manage your own work/life balance, but that isn't hard to do here.

4.0
Sep 10, 2017

Administrator Clerk

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Growth opportunities, Community Involvement, Pleasant staff members, pay

Cons

Limited educational advancemnet, 401k company does not match

Viewing 85 - 87 of 119 Reviews

Glassdoor has 144 Amalgamated Bank reviews submitted anonymously by Amalgamated Bank employees. Read employee reviews and ratings on Glassdoor to decide if Amalgamated Bank is right for you.