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 10 reviews)); "One of the few places around that still has a pension AND a 401k, Also has a pretty liberal sick" ((in 6 reviews)); "Good work life balance." ((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)); "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)); "Layoffs are frequent throughout the bank on an annual basis." ((in 3 reviews)); "Why does management constantly slam its people because they don't know how to lead properly?" ((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

Company ratings over time

Ratings trend for the last 6 months (119 reviews)

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

Sep 26, 2015

Sad and terrible

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Liberal sick days and personal days,holiday pay, plus vacation time

Cons

Uneducated people across the board. They don't care about education and do not promote it. Lack of training, from top to bottom!

5.0

Apr 19, 2015

floor associate

Floor associate

Recommend

CEO approval

Business Outlook

Pros

answered moderately complex inquiries by customers and referred high level inquires. in open closed bank branch,

Cons

did have any

1.0

Mar 13, 2015

Horrible!!!! Stay Away

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

At one point it was a Bank for the Working People and the clients still remember that culture so they stick around. Unfortunately, most of those client will be dead soon due to old age.

Cons

Where do I begin...No communication between departments, management tells you one thing and then does the complete opposite, they try to juggle too many things at the same time and accomplish nothing, human capital has no worth; your position is never safe and finally, they discriminate agains medical conditions and disabilities. Do not take leave...they will find a reason to terminate you!!!! If you have a choice, avoid at all costs.

Viewing 103 - 105 of 119 Reviews

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