 NEW YORK, Aug. 05, 2020 GLOBE NEWSWIRE -- Amalgamated Bank Nasdaq: AMAL the Company today announced that its Board of Directors has declared a regular dividend to common shareholders of 0.08 per share, payable on September 3, 2020, to shareholders of record on August 19, 2020. The amount and timing of any future dividend payments to shareholders will be subject to the discretion of the Companys Board of Directors. About Amalgamated Bank Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of 11 branches in New York City, Washington D.C., and San Francisco. Amalgamated was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the countrys oldest labor unions. Amalgamated provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation. As of June 30, 2020, total assets were 6.5 billion, total net loans were 3.6 billion, and total deposits were 5.9 billion. Additionally, as of June 30, 2020, the trust business held 32.0 billion in assets under custody and 13.3 billion in assets under management.Media Contact: Kylie McKenna The Levinson Group 202-244-1785Investor Contact: Jamie Lillis Solebury Trout 800-895-4172 