Amalgamated Bank Names Mestrich CEO
Amalgamated Bank announced Keith Mestrich was selected as CEO to support its growth and further its mission of offering affordable and accessible banking for all.
Amalgamated Bank announced Keith Mestrich was selected as CEO to support its growth and further its mission of offering affordable and accessible banking for all.
ABF Journal illustrator Jerry Gonzalez provides his take on Rodney Watts’ scheme to defraud Amalgamated Bank of $2.1 million fraudulent loans.
Amalgamated Bank announced Mark Minter has been named chief credit risk officer. Minter has more than four decades of experience in finance, including executive-level risk positions at RBS Citizens Financial Group and Citigroup.
The former chief investment officer of GDC Acquisitions was sentenced in federal court for defrauding Amalgamated Bank, GDC’s asset-based lender, of $21 million in fraudulent loans.
Amalgamated Bank announced Alison Reardon will join the bank as first VP and director of the Washington, D.C., region.
Amalgamated Bank announced that Greg Walker has been appointed to lead Amalgamated Capital. In his new role, Walker is responsible for the bank’s Asset-Based Lending, Cash Flow and Non-Profit Funding Advance lending.
Amalgamated Bank announced that Stefanie Handsman joined as EVP of Commercial Banking. Previously, Handsman served as SVP and manager in HSBC Bank’s Long Island Business Banking Market.
Hudson Valley Holding Corp. named Michael J. Indiveri, CPA to serve as EVP and CFO. Previously, he has held executive positions at Amalgamated Bank, Yonkers’ City & Suburban Federal Savings Bank and New York Federal Savings Bank.
Amalgamated Bank, trustee to the LongView Funds, along with co-lead plaintiffs and co-lead counsel, announced that the bank reached a $139 million settlement with News Corporation.
Amalgamated Capital closed on a three-year, $6 million revolving credit facility to Axis Global Systems. Proceeds of the facility will be used to fund ongoing working capital and growth.