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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
1.0
Nov 13, 2023

Progressive? Not at all

Recommend
CEO approval
Business Outlook

Pros

Union helps build in some favorable rules Trying to improve technology overall

Cons

Amalgamated likes to brand itself as a "progressive" bank that caters to unions and workers but not so much in the Contact Center. It's led by two old traditionalists that fail to keep up with the times. Why is this company so dead set on having people in office? Why do they hassle people to come in when there is no benefit for either side? Why is making the schedule so contentious when it doesn't have to be? Why is any suggestion met with "we have always done it this way"? Why does management not care that workers aren't happy? Why does management constantly slam its people because they don't know how to lead properly? There are so many questions yet so few answers. It's a company stuck in the pre pandemic ways and they refuse to change. Any innovation or new idea is pushed aside.

1.0
Sep 28, 2020
Recommend
CEO approval
Business Outlook

Pros

None really. I guess it looks good on your resume.

Cons

There are a lot. This bank is failing, half their branches were closed this year. They are down to 5 branches. The culture of management is to yell and scream and belittle people. There are no bonuses. Performances reviews only talk about the things that you didn't do, so they do not have to pay a bonus. There is no worklife balance due to the turnover. The turnover is very high and people don't stay long (check linkedin), There is a lot of turnover. There is no 401k match.

2.0
Mar 19, 2018

Huge High School

Recommend
CEO approval
Business Outlook

Pros

Pension is a plus. Most companies do not offer a pension anymore.

Cons

Everyone talks about everyone it’s sickening.

Viewing 10 - 12 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.