Amalgamated Bank

Reviews (1)

Pretty Good Choice For A Main Bank

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I've used Amalgamated's online banking services (Give-back checking and Online Savings) for over a year now. I chose them as my main bank since there are local branches where I can go in in case something goes wrong or for certain things (e.g., I recently had to go in to add a beneficiary). I'm all about online banking, but I do prefer something with a physical presence for my main bank.

Their online rates are okay, but far from top-notch. Their online experience is also okay but not great -- they use iBanking stuff like a lot smaller banks do, which has an ugly UI but is pretty reliable and gets the job done. Their customer service has been great when I needed it. And they're also a pretty ethical bank which is important to me.

I do have other online savings account that give higher interest rates. But, overall, I've been quite happy with using Amalgamated as my primary bank for over a year now.


Health Grade Components

FDIC Certificate #622
Year Established1923
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD10.12%
Annual Interest Income$139.0MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$5.03B$4.64B
LoansQ3 2019vs Q3 2018$3.47B$3.16B
DepositsQ3 2019vs Q3 2018$4.33B$4.04B
Equity CapitalQ3 2019vs Q3 2018$486.2MM$420.9MM
Loan Loss AllowanceQ3 2019vs Q3 2018$33.7MM$36.4MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$18.4MM$20.8MM
Real Estate OwnedQ3 2019vs Q3 2018$526.00K$844.00K
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Always verify rates and promotions with the bank or credit union. We are not Amalgamated Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Amalgamated Bank Savings Account Rates

1.60%--Online Savings
1.00%--Give-Back Savings Account (Online Only)
0.40%$10-Variable IRA
0.35%--The Club Account
0.15%*$100*-Convenience Savings
OTHER TIERS: 0.06% Up to $100

Amalgamated Bank Money Market Rates

0.40%*$100k*-Money Market
OTHER TIERS: 0.20% Up to $25k | 0.25% $25k - $50k | 0.30% $50k - $100k

Amalgamated Bank Checking Account Rates

0.60%*$2.5k*-Online Checking
OTHER TIERS: 0.10% Up to $2.5k
0.60%*$2.5k*-Give-Back Checking
OTHER TIERS: 0.10% Up to $2.5k
0.15%*$1k*-Convenience+ Checking
OTHER TIERS: 0.06% Up to $500 | 0.10% $500 - $1k

Amalgamated Bank CD Rates

1.75%$500$250k5 Year CD (In Branch Only)
1.70%$500$250k3 Year CD (In Branch Only)
1.65%$500$250k2 Year CD (In Branch Only)
1.60%$500$250k1 Year CD (In Branch Only)
1.05%$500$250k7 Month Promotional CD
1.05%$500$250k6 Month CD (In Branch Only)
0.85%$250k-1 Year Jumbo CD (In Branch Only)
0.60%$250k-120 Day Jumbo CD (In Branch Only)
0.60%$250k-150 Day Jumbo CD (In Branch Only)
0.60%$250k-6 Month Jumbo CD (In Branch Only)
0.60%$250k-210 Day Jumbo CD (In Branch Only)
0.60%$250k-270 Day Jumbo CD (In Branch Only)
0.50%$500$250k3 Month CD (In Branch Only)
0.50%$250k-3 Month Jumbo CD (In Branch Only)
0.25%$250k-14 Day Jumbo CD (In Branch Only)
0.25%$250k-30 Day Jumbo CD (In Branch Only)
0.25%$250k-60 Day Jumbo CD (In Branch Only)

Amalgamated Bank IRA Rates

1.11%$500$250k18 Month Promotional IRA (In Branch Only)
1.10%$500$250k3 Year IRA (In Branch Only)
1.05%$500-7 Month Promotional IRA (In Branch Only)
0.85%$500$250k2 Year IRA (In Branch Only)
0.60%$500$250k1 Year IRA (In Branch Only)
0.50%$500$250k6 Month IRA (In Branch Only)
0.40%$500$250k3 Month IRA (In Branch Only)


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