Amalgamated Financial Corporation Welcomes Steven S. SaLoutos and Tony Wells to its Board of Directors

Core Insights - Amalgamated Financial Corp. has appointed two new board members, Steven SaLoutos and Tony Wells, to enhance its Board of Directors and Amalgamated Bank's governance [1][2] Group 1: New Board Members - Steven SaLoutos has a 38-year career in banking, previously serving as Executive Vice President at U.S. Bank, and is currently the CFO of ProSight Financial Association [2][3] - Tony Wells has nearly four decades of executive experience in regulated industries, currently a Venture Partner at AZ-VC, and has held senior roles at Verizon and USAA [4][5] Group 2: Company Overview - Amalgamated Financial Corp. is a Delaware public benefit corporation and bank holding company, operating through Amalgamated Bank, which has a network of five branches in major U.S. cities [6] - As of March 31, 2025, Amalgamated Bank reported total assets of $8.3 billion, total net loans of $4.6 billion, and total deposits of $7.4 billion, with a trust business holding $35.7 billion in assets under custody and $14.2 billion in assets under management [6]