• Investment date: September 1, 2006
  • Initial investment stage: Seed
  • Current company stage: Acquired
  • Market category: Exited, Fintech & Real Estate

New Resource Bank

For nearly a century, Amalgamated has served as America’s socially responsible bank, supporting forward-thinking organizations, companies, and individuals across the country. We are an advocate for those working to make the world more just, compassionate and sustainable. Our extensive experience, financial knowledge and community of like-minded customers offer a unique set of financial tools to customers. Amalgamated is the country’s largest certified B Corp bank and a proud member of the Global Alliance for Banking on Values. We do not just have a mission—we are on a mission: to support those who support others, to invest in progressive and impactful causes and to advocate true financial opportunity for all.

EXIT:  May 21, 2018 Amalgamated Bank Completes Merger with New Resource Bank: NEW YORK – Amalgamated Bank (“Amalgamated”), America’s socially responsible bank, today announced it has completed its merger with New Resource Bank (“New Resource”). Based on each bank’s financial statements as of March 31, 2018, the combined bank will have assets of approximately $4.5 billion. The combined assets under custody and management will be $41.0 billion.