employer cover photo
employer logo
employer logo

Amalgamated Bank

Is this your company?

Stuck in neutral - Anonymous employee Amalgamated Bank Employee Review

2.0
Aug 9, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The benefits at Amalgamated are not bad. One of the few places around that still has a pension AND a 401k, Also has a pretty liberal sick-day policy which allows for caring for family members.

Cons

The company is stuck in a time-warp. Technology is antiquated behind an inflexible management that micromanages every detail and thus, does not improve. As an example - there are some departments that have a typewriter. There are no opportunities for career advancement. Internal hiring / promotions are extremely rare. Current CEO Keith Mestrich has brought in many friends from the outside to run key departments. In addition, he seems more interested in political causes than in actually managing the bank. True that the company is advertised as a "progressive" company, but the day-to-day decisions of managing the bank should take precedence over what's happening in Washington.

Explore other reviews about Amalgamated Bank

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team environment - gained full support from both Trust and Compliance team; new ideas were welcomed; closer relationship with higher ups; some of the work I did was used for executive reporting

Cons

It took some time to adjust to the program (systems) used by the bank

1.0
May 16, 2026
Recommend
CEO approval
Business Outlook

Pros

* Mission-driven culture * Strong Social values and community orientation * LGBTQ+ inclusion and diversity efforts * Environmental/sustainability focus * Family-oriented atmosphere in some branches

Cons

* Outdated/manual operational processes *Communication gaps between leadership and frontline employees * Reactive management style *Inconsistent training and operational standardization * Heavy scrutiny and micromanagement concerns in retail operations

See reviews by: Helpful|Rating|Date|All