GlobeNewswire Inc | Jan 26, 2022 04:30PM EST

January 26, 2022

NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (Amalgamated or the Company) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to common stockholders of $0.08 per share, payable by the Company on March 1, 2022, to stockholders of record on February 15, 2022. The amount and timing of any future dividend payments to stockholders will be subject to the discretion of the Board of Directors.

About Amalgamated Financial Corp.

Amalgamated Financial Corp.is aDelawarepublic benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary,Amalgamated Bank.Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston.Amalgamated Bankwas formed in 1923 asAmalgamated Bank of New Yorkby theAmalgamated Clothing Workers of America, one of the country's oldest labor unions.Amalgamated Bankprovides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers.Amalgamated Bankis a proud member of theGlobal Alliance for Banking on Valuesand is a certified B Corporation. As ofSeptember30, 2021, our total assets were$6.9 billion, total net loans were$3.1 billion, and total deposits were$6.2 billion. Additionally, as ofSeptember30, 2021, our trust business held$39.5 billionin assets under custody and$16.1 billionin assets under management.

Investor ContactJamie LillisSolebury Troutshareholderrelations@amalgamatedbank.com800-895-4172

Source: Amalgamated Financial Corp.