US$ 21.7 million (2021)[1] (interest + non-interest income)
Net income
US$ 1.7 million (2021)
Total assets
US$ 950.14 million (2021)
Total equity
US$ 88.87 million (2021)
Number of employees
167 (2021)
Parent
Amalgamated Investments Company
Website
https://www.aboc.com/
The Amalgamated Bank of Chicago (ABOC) is a commercial bank headquartered in Chicago, Illinois, United States. In addition to its downtown Chicago office, the bank has a branch office in Warrenville, Illinois.
Until November 1991, the bank was known as Amalgamated Trust & Savings Bank.[2]
ABOC announced plans to be acquired by Amalgamated Bank of New York during 2021.[3] In early 2022 Amalgamated Financial (the New York bank's holding company) announced the $98 million acquisition plan was ended due to regulatory difficulties, but ABOC said it could still proceed.[4]
^Cite error: The named reference FDICDatabase was invoked but never defined (see the help page).
^"Amalgamated Bank of Chicago". Bloomberg Business Week. Archived from the original on August 14, 2009. Retrieved 2010-05-30.
^"Amalgamated Bank Announces Agreement to Acquire Amalgamated Bank of Chicago" (Press release). Amalgamated Bank of Chicago. 2021-09-20. Retrieved 2021-09-22.
^Roeder, David (February 25, 2022). "Buyer of Chicago's Amalgamated Bank scraps deal". Chicago Sun-Times. Retrieved 2022-06-03.
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Global Information
US$ 21.7 million (2021)[1] (interest + non-interest income)
US$ 950.14 million (2021)