Amalgamated Bank Salary

As of August 2026, the average hourly salary for employees at Amalgamated Bank in the United States is $53. This translates to an approximate annual wage of $109,490. Salaries at Amalgamated Bank typically range from $46 to $60 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Amalgamated Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Amalgamated Bank. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Amalgamated Bank.
Loading results...

About Amalgamated Bank: Company Profile

Website
www.amalgamatedbank.com
Founded In
1923
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
NEW YORK
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About AMALGAMATED BANK
Amalgamated Bank is a New York-based financial institution that provides commercial and personal banking products and services.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Amalgamated Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I've never felt siloed - everyone shares knowledge willingly. Everyone contributes and feels heard. There are occasional team-building events, but mostly it’s a quiet, task-focused environment. However, opportunities for rapid advancement are limited unless you’re in a leadership track. The onboarding process sets new hires up for success.
Work environment supports diversity and inclusion. Managers share context behind decisions. Knowledge sharing happens organically. The daily challenges of navigating dynamic markets, analyzing complex financial data, and developing innovative solutions keep me constantly engaged.
Client relationships are handled with integrity. The company invests in training and development, allowing me to constantly expand my financial services knowledge. ERGs have executive sponsorship and budget. Hackathons spark creative solutions. I’ve learned a lot and felt supported the whole time.
Systems work well but are rarely updated. Office culture is professional but sometimes reserved. Management makes sure to acknowledge efforts and achievements, which is highly motivating for staff. The company encourages continuous learning and values employee feedback. They focus on results and people equally. Ethical practices are paramount. IT upgrades are rolled out with excellent training.
I feel fortunate to be part of the journey. leadership helps set realistic and exciting growth plans. Workloads can be high during busy periods, leading to occasional stress, despite fair compensation. Some internal processes feel bureaucratic and often. The company invests in technology and people equally.

Is Amalgamated Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Amalgamated Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
PAYMENT ALLIANCE INTERNATIONAL $44
-16.7%
Typical compensation structure for smaller regional agencies like PAYMENT ALLIANCE INTERNATIONAL.
EAGLE BANK ROSSLYN $50
-4.3%
Reflects market rates for standard general contracting, differing from specialized roles.
MIZUHO AMERICAS LLC $54
+1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
LUTHER BURBANK SAVINGS $50
-4.8%
Normalized for lower cost-of-living zones where LUTHER BURBANK SAVINGS primarily operates.
Financial Services Industry $59
+11.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Amalgamated Bank.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Amalgamated Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Amalgamated Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Amalgamated Bank

FAQ 1: What is the typical salary range (low to high) for most roles at Amalgamated Bank?
The typical salary range for most roles at Amalgamated Bank is approximately from $46 to $60 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Amalgamated Bank pay compared to PAYMENT ALLIANCE INTERNATIONAL?
The average annual salary at Amalgamated Bank is $109,490, or an hourly wage of $53, in comparison to PAYMENT ALLIANCE INTERNATIONAL which pays $91,234 per year or $44 per hour.
FAQ 3: How does experience level affect salary at Amalgamated Bank?
Experience level is a significant factor in determining salary at Amalgamated Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Amalgamated Bank in New York is fair given the local cost of living?
To determine if a salary offer from Amalgamated Bank in New York is fair, first compare the gross salary to our data for similar roles at Amalgamated Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Amalgamated Bank differ from the ranges shown here?
An individual's actual salary at Amalgamated Bank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.