Amalgamated Bank

public benefit bank

Amalgamated Bank

Industry Finance

A public benefit bank offering deposits, lending, and investment services, with labor-aligned history but shareholder governance and finance-sector constraints. Amalgamated Bank remains weak because of person-dependent governance and ideological disavowal, even where the product or service has practical value.

Why this matters: Financial institutions require scrutiny of capital allocation as well as workplace claims.

Letter grade D Extractive High confidence (AI) Rubric gcd-rubric-v1

Final Score 30* D - Extractive
DEXTRACTIVE30 tentative score pts

* Tentative scaffolding score. Not human-checked or final.

Base Material36
Bonus+0
Cap41Ownership <= 4 and Governance <= 4
After Cap36
Penalties-6
!Not Verified
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Evaluation Overview

D - Extractive

The score turns mainly on Extraction, with the largest penalty coming from Reversibility.

Strengths

  • Extraction6/10
  • Loss-Bearing Fidelity5/7
  • Labor Sovereignty4/7

Penalties

  • Reversibility-5
  • Ideological Disavowal-1

Evidence state

  • ConfidenceHigh confidence (AI)
  • ThoroughnessPartial (AI)
  • Linked claims12
  • Direct axis claims11
  • Coverage11/11

Scoring Axes
Axis Score Why this score
Ownership
?
Control rights: shareholder-dominated at 0, worker cooperative control at 10.
2 / 10

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That keeps Amalgamated Bank low on Ownership: decisive control remains with shareholders, private owners, executives, or state insiders rather than affected people.

Calibration notes

Comparative anchor: Column-spectrum position: 78 scored entries below, 21 tied, 127 above on Ownership.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank describes itself as a publicly traded B Corp and public benefit corporation rather than a cooperative or member-owned bank. [2]
Governance
?
Binding decision authority: centralized control at 0, democratic stakeholder control at 10.
3 / 10

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That keeps Amalgamated Bank low on Governance: ordinary users, workers, customers, or affected communities cannot change the rules that govern them.

Calibration notes

Comparative anchor: Column-spectrum position: 94 scored entries below, 13 tied, 119 above on Governance.

Linked evidence
  • Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
Extraction
?
Surplus allocation, wage share, CEO pay ratio, margins, and structured extraction judgment.
6 / 10

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That places Amalgamated Bank in the middle of Extraction: the institution creates real value but…

Calibration notes

Comparative anchor: Column-spectrum position: 115 scored entries below, 24 tied, 87 above on Extraction.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank's B Corp and public-benefit commitments constrain ordinary banking purpose, while the bank remains a publicly traded financial institution. [3]
Labor Sovereignty
?
Worker power: coercive conditions at 0, co-determination or ownership at 7. Employee dissatisfaction matters only when source-backed evidence shows concrete limits on worker agency, such as coercive scheduling, retaliation, wage theft, harassment, unsafe conditions, suppression of worker voice, or extreme turnover.
4 / 7

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That places Amalgamated Bank in the middle of Labor Sovereignty: workers or participants have some…

Calibration notes

Comparative anchor: Column-spectrum position: 112 scored entries below, 39 tied, 75 above on Labor Sovereignty.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank presents labor-aligned and stakeholder commitments, but the reviewed public record does not show worker ownership or democratic labor control. [4]
Solidarity with the Unemployed
?
Treatment of exits and nonworkers, including severance, redeployment, and non-competes.
4 / 7

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That places Amalgamated Bank in the middle of Solidarity with the Unemployed: some access,…

Calibration notes

Comparative anchor: Column-spectrum position: 127 scored entries below, 30 tied, 69 above on Solidarity with the Unemployed.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank presents stakeholder, climate, and social commitments through banking products, while access and control remain those of a bank-client relationship. [5]
Loss-Bearing Fidelity
?
Willingness to absorb costs to preserve values, workers, users, and public obligations.
5 / 7

The linked record identifies Amalgamated Bank as a public benefit corporation and B Corp. That places Amalgamated Bank in the middle of Loss-Bearing Fidelity: there is some willingness to…

Calibration notes

Comparative anchor: Column-spectrum position: 119 scored entries below, 43 tied, 64 above on Loss-Bearing Fidelity.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank publishes fossil-free and responsible-banking commitments that tie some lending and investment decisions to public social and environmental effects. [6]
Market Conduct
?
Pricing fairness, switching costs, lock-in, and rent extraction.
4 / 5

Amalgamated Bank publishes responsible-banking and fossil-free finance commitments.

Calibration notes

Comparative anchor: Column-spectrum position: 106 scored entries below, 73 tied, 47 above on Market Conduct.

Linked evidence
  • Amalgamated Bank publishes responsible-banking and fossil-free finance commitments. [7]
Product Integrity
?
Preservation of quality rather than degradation for monetization.
4 / 5

Amalgamated Bank publishes responsible-banking and fossil-free finance commitments.

Calibration notes

Comparative anchor: Column-spectrum position: 61 scored entries below, 72 tied, 93 above on Product Integrity.

Linked evidence
  • context Amalgamated Bank publishes responsible-banking and fossil-free finance commitments. [7]
  • Amalgamated Bank provides deposit, lending, and financial services under public-benefit and B Corp commitments rather than a purely conventional bank identity. [8]
Scale Integrity
?
Whether growth improves or degrades fairness and accountability.
4 / 5

Amalgamated Bank publishes responsible-banking and fossil-free finance commitments.

Calibration notes

Comparative anchor: Column-spectrum position: 109 scored entries below, 81 tied, 36 above on Scale Integrity.

Linked evidence
  • context Amalgamated Bank publishes responsible-banking and fossil-free finance commitments. [7]
  • Amalgamated Bank describes itself as the largest B Corp bank in the United States and one of the few publicly traded B Corps. [9]

Penalties
Penalty Applied Why this penalty
Reversibility
?
Applied when positive conduct depends on current living leaders, founders, family owners, or other person-contingent governance rather than durable structure. Range: -5 to 0.
-5

Amalgamated Bank's favorable conduct depends partly on current leaders, founders, family owners, executive discretion, or other person-contingent control rather than a fully locked democratic stakeholder-control structure.

Calibration notes

Comparative anchor: Column-spectrum position: 0 scored entries below, 95 tied, 131 above on Reversibility.

Linked evidence
  • context Amalgamated Bank describes itself as a public benefit corporation and B Corp. [1]
  • Amalgamated Bank's favorable conduct depends partly on current leaders, founders, family owners, executive discretion, or other person-contingent control rather than a fully locked democratic stakeholder-control structure. [10]
Ideological Disavowal
?
Concealed ideology presented as neutrality, expertise, professional necessity, public-service administration, market inevitability, or non-ideological common sense while exercising power. Range: -3 to 0.
-1

Amalgamated Bank's public framing is assessed as ideological-disavowal evidence because Amalgamated Bank shows bounded neutrality theater: some contested choices are softened through…

Calibration notes

Comparative anchor: Ideological Disavowal 0 to -3 recalibration: 0 for explicit standpoint or no penalty-level neutrality theater; -1 for bounded softening of contested choices; -2 for strong neutrality theater by a powerful institution; -3 for major gatekeeping or coercive power presented as neutral, necessary, objective, or non-ideological.

Uncertainty
  • This recalibration uses public self-presentation and profile evidence; later review should add direct language-analysis evidence for high-impact institutions.
Linked evidence
  • Amalgamated Bank's public framing is assessed as ideological-disavowal evidence because Amalgamated Bank shows bounded neutrality theater: some contested choices are softened through expertise, public-interest, professional, market, safety, or institutional language, but the record does not show dominant concealment of standpoint. [12]

Bonus Credits

No bonus credits applied in this version.

Confidence Basis

Confidence Basis

Confidence is computed from the evidence trail and review state, not typed into the profile by hand.

High 80/100

12 verified linked claims 11 direct axis claims 0 disputed claims 11/11 components covered

This confidence label measures the source-backed evidence trail. AI-scaffolded scores remain tentative until human review.

Claim confidence 16/20

12 verified linked claims

Source quality 11/18

Best source per verified claim, weighted by institutional reliability

Direct axis-specific claims 14/18

11 direct claims across 11 active components

Dispute load 12/12

0 disputed claims on this entity

Recency 10/10

Newest accepted timestamp: May 13, 2026

Reviewer status 7/12

Human-reviewed components score higher than AI scaffolding

Component coverage 10/10

11/11 evidence-bearing components have direct support

Evidence State

Evidence State

Profile stateAI draft / human-pending
VerificationUnverified
ConfidenceHigh confidence (AI)
ThoroughnessPartial (AI)
Correction routeUse “Challenge this rating” for factual errors, missing counterevidence, source problems, or calculation mistakes.
Company responseCompany representatives can submit source-backed corrections; payment never changes scores or reviewer authority.

Claims and Sources

Claims are the evidence record. Each claim needs a source link, axis category, status, confidence level, and timestamp before it can support a score.

* Tentative scaffolding score. Not human-checked or final.
1Amalgamated Bank describes itself as a public benefit corporation and B Corp.

Governance Verified High confidence AI-generated / human-pending

AI scaffold

2Amalgamated Bank describes itself as a publicly traded B Corp and public benefit corporation rather than a cooperative or member-owned bank.

Ownership Verified High confidence AI-generated / human-pending

AI scaffold

3Amalgamated Bank's B Corp and public-benefit commitments constrain ordinary banking purpose, while the bank remains a publicly traded financial institution.

Extraction Verified High confidence AI-generated / human-pending

AI scaffold

4Amalgamated Bank presents labor-aligned and stakeholder commitments, but the reviewed public record does not show worker ownership or democratic labor control.

Labor Sovereignty Verified Medium confidence AI-generated / human-pending

AI scaffold

5Amalgamated Bank presents stakeholder, climate, and social commitments through banking products, while access and control remain those of a bank-client relationship.

Solidarity Unemployed Verified Medium confidence AI-generated / human-pending

AI scaffold

6Amalgamated Bank publishes fossil-free and responsible-banking commitments that tie some lending and investment decisions to public social and environmental effects.

Loss Bearing Fidelity Verified High confidence AI-generated / human-pending

AI scaffold

7Amalgamated Bank publishes responsible-banking and fossil-free finance commitments.

Market Conduct Verified Medium confidence AI-generated / human-pending

AI scaffold

8Amalgamated Bank provides deposit, lending, and financial services under public-benefit and B Corp commitments rather than a purely conventional bank identity.

Product Integrity Verified Medium confidence AI-generated / human-pending

AI scaffold

9Amalgamated Bank describes itself as the largest B Corp bank in the United States and one of the few publicly traded B Corps.

Scale Integrity Verified High confidence AI-generated / human-pending

AI scaffold

10Amalgamated Bank's favorable conduct depends partly on current leaders, founders, family owners, executive discretion, or other person-contingent control rather than a fully locked democratic stakeholder-control structure.

Reversibility Verified Medium confidence Human-reviewed

11Amalgamated Bank publishes fossil-free finance commitments, which materially lowers ecological-harm concerns relative to ordinary banking exposure to fossil-fuel financing.

Ecological Harm Verified High confidence Human-reviewed

12Amalgamated Bank's public framing is assessed as ideological-disavowal evidence because Amalgamated Bank shows bounded neutrality theater: some contested choices are softened through expertise, public-interest, professional, market, safety, or institutional language, but the record does not show dominant concealment of standpoint.

Ideological Disavowal Verified Medium confidence AI-generated / human-pending

AI scaffold

Alternatives

AGOOD55 tentative score HOPE Credit Union community development credit union · same market AGOOD55 tentative score Self-Help Credit Union community development credit union · same market AGOOD54 tentative score The Institute of Student Loan Advisors nonprofit free student-loan advice organization · same market AGOOD53 tentative score Clean Energy Credit Union federally chartered credit union · same market AGOOD53 tentative score National Foundation for Credit Counseling nonprofit credit-counseling network · same market

Competitors

AGOOD55 tentative score HOPE Credit Union community development credit union · same market AGOOD55 tentative score Self-Help Credit Union community development credit union · same market AGOOD54 tentative score The Institute of Student Loan Advisors nonprofit free student-loan advice organization · same market AGOOD53 tentative score Clean Energy Credit Union federally chartered credit union · same market AGOOD53 tentative score National Foundation for Credit Counseling nonprofit credit-counseling network · same market AGOOD52 tentative score Seattle Credit Union community development credit union · same market AGOOD52 tentative score State Employees' Credit Union (NC) large state credit union · same market AGOOD50 tentative score Beneficial State Bank community development bank · same market

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Audit Log

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