NYC-Department of Finance Awards Financial Services Contract to Amalgamated Bank (May 2025)
NYC-Department of FinanceCity · New York, NY- Approved
- May 13, 2025
The 30-second brief
The NYC Banking Commission approved Amalgamated Bank as an authorized depository bank for City funds for a period of up to two years starting in 2025. The designation allows the bank to hold and manage New York City public deposits under Charter Section 1524.
Amalgamated Bank holds this financial services contract with NYC-Department of Finance. Its other public contracts on record include work for School Of Arts And Enterprise and City of Byron.
Term as filed: Two-year designation period beginning in 2025.
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Contract details
- Contract type
- Financial Services
- Document date
- May 13, 2025
- Term
- Two-year designation period beginning in 2025
- Vendor
- Amalgamated Bank
- Source document
- New York City Banking Commission Meeting Minutes 2025-05-13 (Minutes)
Amalgamated Bank's other public contracts
More NYC-Department of Finance contracts
Questions about this contract
Who was awarded the financial services contract by NYC-Department of Finance?
Amalgamated Bank was awarded this financial services contract by NYC-Department of Finance, as recorded on May 13, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New York City Banking Commission Meeting Minutes 2025-05-13 (Minutes), dated May 13, 2025 from NYC-Department of Finance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Amalgamated Bank hold?
Amalgamated Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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