AMALGAMATED BANK

A new Amalgamated Bank is opening on 86th St, right next to the new Fabco Shoes.

Now cue the trumpets!!

Amalgamated Bank Selects Brooklyn Native

To Manage of its New Branch in Bay Ridge

Brooklyn, New York (May 28, 2009) – Amalgamated Bank’s Rosemarie Gentiliaco has been named Vice President and Manager of the Bank’s newest branch at 426 86th Street in Bay Ridge, Brooklyn. The branch is scheduled to open in June. Ms. Gentiliaco grew up and still resides in the Borough.

After achieving early success in banking, she returns to her neighborhood roots to run the new branch, which is Amalgamated’s third retail location in Brooklyn. Ms. Gentiliaco will transition from Amalgamated’s headquarters location at 275 Seventh Avenue in Manhattan. She joined Amalgamated in February 2008 to manage that branch.

“Ms. Gentiliaco’s familiarity with Brooklyn as well as her banking expertise and hands-on approach to customer service, makes her a solid fit for our Bay Ridge branch,” said Kathleen Romagnano, Amalgamated’s Executive Vice President of Retail Banking.

Prior to joining Amalgamated, Ms. Gentiliaco served as Branch Manager at JPMorgan Chase Bank. She began at Chase in 2006, when it acquired the Bank of New York’s retail locations. She started with the Bank of New York as a Branch Manager in 2004.

Earlier in Ms. Gentiliaco’s career, she was employed by the Dime Savings Bank as an assistant branch manager in downtown Brooklyn. Later, she ran a branch in Williamsburg, and was actively involved in community and economic development projects.

Began her Banking Career While in College

Ms. Gentiliaco’s rise in banking started in 1990, when she worked as a part-time teller with Independence Savings Bank while still in college. After graduating, the bank recruited her for a management training program, which provided an overview of branch operations. She spent the next several years at Independence, where she worked at branches in Brooklyn and Queens.

Her professional associations include membership in the Greenwich Village Chelsea Chamber of Commerce and the Los Sures Community Development Company Inc. Los Sures is a neighborhood-

based not-for-profit organization, which manages affordable housing programs and fostered economic development that helped transform Williamsburg.

Ms. Gentiliaco graduated from Brooklyn College, and she grew up in Brooklyn’s Gravesend and Bensonhurst neighborhoods. Currently, she lives in Bensonhurst with her family.

About Amalgamated Bank

Established in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank continues the progressive traditions of its founders as the only 100 percent union-owned bank in the United States.

Chartered by New York State, Amalgamated Bank is an FDIC insured commercial bank with $4.5 billion in assets. The Bank has 19 branches including 13 in New York City as well as one branch in each of the following locations: Lyndhurst, New Jersey; Washington, D.C., and Pasadena, California. The Bank also has three retail branches in Las Vegas, Nevada. In addition, the Bank’s corporate banking divisions include Commercial Banking, Commercial Real Estate and Community Development. The Bank’s website is www.amalgamatedbank.com.


No word yet on when the bank will be christened by being robbed. Any bets?