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

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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

Jul 28, 2014

It is a stepping stone, not somewhere to build a career.

Assistant manager

Recommend

CEO approval

Business Outlook

Pros

Vacation time, friendly environment, all bank holidays, training

Cons

Compensation, stunted personal growth, no real customer/employee appreciation, bad retention rate

3.0

May 28, 2014

Different

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Met some really interesting people.

Cons

many people here are not friendly and don't speak to you

1.0

May 8, 2014

Horrible experience, & place to work. Wouldn't tell my worst enemy to work there.

Trust officer

Recommend

CEO approval

Business Outlook

Pros

There's no accountability. NO one was provided with goals, so, when Performance Review time came, it was "shooting from the hip" on their part.

Cons

Cronyism. Saying they weren't going to hire any more, and then hiring people with ill-defined roles(who, we later found out, had close ties to the CEO....)

Viewing 112 - 114 of 119 Reviews

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Jobs at Amalgamated Bank

Account Support Administrator

Senior Contact Center Representative

Client and Outsourcing Support Administrator

Visual Communication Manager

Digital Workplace Analyst

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It is a stepping stone, not somewhere to build a career.

Different

Horrible experience, & place to work. Wouldn't tell my worst enemy to work there.

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