Amalgamated Bank
For information concerning Amalgamated Bank online bank, please click here.
Amalgamated Bank is an FDIC insured institution headquartered at
275 7th Ave, New York, NY 10001.
It was founded in
1923 and has approximately $8 billion in
assets. Customers can open an account at one of its 17 branches.
Deposit Rates - March 19, 2024
SAVINGS RATES | APY | MIN | |
---|---|---|---|
SAV
|
2.75% | $0 | Compare |
Featured Home Equity Rates
-
Sponsored
-
7.490 %
$0 -
Renovation Finance LLC DBA Renofi
NMLS ID: 1802847 / Updated 2024-03-18Renovation-specific home equity loans based on the AFTER renovation value $0 -
AmeriSave Mortgage Corporation
NMLS ID: 1168 / Updated 2024-03-18Home Equity Lines, Refinance, & Second Mortgages $0 -
New American Funding, LLC
NMLS ID: 6606 / Updated 2024-03-18Cash-Out and Home Equity Options Available. $0 -
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 -
CrossCountry Mortgage, LLC
NMLS ID: 3029 / Updated 2024-03-18"Unlock Your Home's Potential" $0 - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
Rocket Mortgage
NMLS ID: 30307.853% $2,293 Fees & Points $3,200 Total
1.000 Pts ($3,200)
$0 Fees -
FHAloans.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees -
MortgageResearch.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees -
Neighbors Bank
NMLS ID: 491986Fees & Points Total
Pts ($0)
$0 Fees -
CrossCountry Mortgage
NMLS ID: 3029Fees & Points Total
Pts ($0)
$0 Fees - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 622 |
Date Established | 1923 |
Assets | $ 7.92 billion |
Loans | $ 4.30 billion |
Deposits | $ 7.02 billion |
Capital | $ 601.43 million |
Summary Balance Sheet as of June 30, 2023
ASSETS | |
Cash & Balances due from depository institutions | $ 149.42 million |
Interest-bearing balances | $ 134.73 million |
Total securities | $ 3.17 billion |
Federal funds sold and reverse repurchase | N.A. |
Net loans and leases | $ 4.30 billion |
Loan loss allowance | $ 67.82 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | $ 15.38 million |
All other assets | $ 239.67 million |
Total Assets | $ 7.32 billion |
LIABILITIES | |
Total deposits | $ 7.02 billion |
Interest-bearing deposits | $ 4.18 billion |
Deposits held in domestic offices | $ 7.02 billion |
% insured (estimated) | 47.51% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | N.A. |
Subordinated debt | N.A. |
All other liabilities | $ 83.33 millionn |
Total Liabilities | $ 7.32 billion |
Shareholders’ Equity | $ 601.43 million |
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES | |
Total Interest Income | $ 262.12 million |
Total Interest Expense | $ 66.06 million |
Net interest income | $ 196.06 million |
Provision for loan and lease losses | $ 10.91 million |
Total non interest income | $ 23.49 million |
Total non interest expense | $ 112.24 million |
Pre-tax Net Operating Income | $ 47.85 million |
Customer Reviews for Amalgamated Bank
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
Amalgamated Bank Locations
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
- 1ONLINE SAVINGSBank-$50,000N.A.2.75%13.16x (National Avg. - 0.21%)$0-SCENARIO
Year Rate
2.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,375 963 2 51,375 1,413 989 3 52,788 1,452 1,016 4 54,239 1,492 1,044 5 55,731 1,533 1,073 6 57,264 1,575 1,102 7 58,838 1,618 1,133 8 60,456 1,663 1,164 9 62,119 1,708 1,196 10 63,827 1,755 1,229 11 65,583 1,804 1,262 12 67,386 1,853 1,297 13 69,239 1,904 1,333 14 71,143 1,956 1,370 15 73,100 2,010 1,407 16 75,110 2,066 1,446 17 77,175 2,122 1,486 18 79,298 2,181 1,526 19 81,478 2,241 1,568 20 83,719 2,302 1,612 TOTAL $36,021 $25,215 - 2LOCAL SAVINGSOnline Bank-$50,000N.A.5.10%24.40x (National Avg. - 0.21%)$0-SCENARIO
Year Rate
5.10%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,550 1,785 2 52,550 2,680 1,876 3 55,230 2,817 1,972 4 58,047 2,960 2,072 5 61,007 3,111 2,178 6 64,119 3,270 2,289 7 67,389 3,437 2,406 8 70,825 3,612 2,528 9 74,437 3,796 2,657 10 78,234 3,990 2,793 11 82,224 4,193 2,935 12 86,417 4,407 3,085 13 90,824 4,632 3,242 14 95,456 4,868 3,408 15 100,325 5,117 3,582 16 105,441 5,378 3,764 17 110,819 5,652 3,956 18 116,471 5,940 4,158 19 122,411 6,243 4,370 20 128,654 6,561 4,593 TOTAL $85,215 $59,650 - 3ONLINE SAVINGSOnline Bank-$50,000N.A.4.60%22.01x (National Avg. - 0.21%)$0-SCENARIO
Year Rate
4.60%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,300 1,610 2 52,300 2,406 1,684 3 54,706 2,516 1,762 4 57,222 2,632 1,843 5 59,854 2,753 1,927 6 62,608 2,880 2,016 7 65,488 3,012 2,109 8 68,500 3,151 2,206 9 71,651 3,296 2,307 10 74,947 3,448 2,413 11 78,395 3,606 2,524 12 82,001 3,772 2,640 13 85,773 3,946 2,762 14 89,718 4,127 2,889 15 93,846 4,317 3,022 16 98,162 4,515 3,161 17 102,678 4,723 3,306 18 107,401 4,940 3,458 19 112,342 5,168 3,617 20 117,509 5,405 3,784 TOTAL $72,915 $51,040
There are currently no comments for Amalgamated Bank. Be the first to share your experience. Please provide comments that will help others.