Daily News: June 25, 2013

Amalgamated Bank Expands Commercial Banking Division

Amalgamated Bank announced that Stefanie Handsman joined the bank as executive vice president of Commercial Banking. Handsman comes to Amalgamated after several years at HSBC Bank, where she was a senior vice president and manager of the Long Island Business Banking Market.

“With her proven ability to develop business opportunities and build strong relationships, Stefanie Handsman is an excellent addition to our executive team,” said Ed Grebow, CEO of Amalgamated Bank. “We are thrilled that she will lead and grow our Commercial Banking Group.”

Handsman began her banking career as a teller at Citibank. Two decades later, she’s a bank executive with extensive experience serving business and personal banking clients in the New York area.

“I’m incredibly proud to join the dedicated and energetic team at Amalgamated Bank,” said Handsman. “Amalgamated’s staff is deeply invested in ensuring clients meet their goals.”

Amalgamated Bank’s Commercial Banking Group focuses primarily on middle-market companies, not-for-profit organizations, political and advocacy groups. The Commercial Banking Group also provides treasury management services to commercial banking clients, labor unions and their affiliated funds.