Amalgamated Bank in New York, NY

Amalgamated Bank is a mission-driven financial institution with 102 years of history in socially responsible banking. Founded on the principle of aligning customer deposits with positive social change, the bank positions itself as America's socially responsible bank committed to empowering individuals and organizations to drive positive social change. 9 billion in assets and operates physical branches alongside digital banking infrastructure.

03% APY), Money Market Accounts, and business checking with treasury management features. All deposits are FDIC-insured up to applicable limits. Customers can manage accounts through a mobile app supporting check deposits, bill payments, Zelle transfers, and ATM/branch location discovery.

Customer service is available via phone at 800-662-0860. Amalgamated Bank distinguishes itself through explicit impact-driven lending commitments rather than traditional banking focus. 7 million retroactive C-PACE deal in Nashville.

The bank maintains 100% commitment to renewable energy financing, representing a clear sustainability-first business model unusual among traditional banks. The bank is best suited for values-aligned consumers and businesses seeking banking services that demonstrably fund social and environmental initiatives. 30% APY) are significantly below market rates at online banks and credit unions.

The primary caveat is that mission-alignment comes with opportunity cost on returns, and customers must accept below-market rates as the trade-off for impact-driven lending practices.