Labor of Love

Buried deep in the Federal Election Commission’s website is an FEC Form 1 – otherwise known as a statement of organization – that provides basic campaign information for every presidential candidate in the 2020 election. Among the required disclosures is the bank or depository institution where their campaign’s funds are being held. And for the long list of Democratic candidates, one name stands out: Amalgamated Bank. Headquartered in New York with outposts in Washington, DC, Denver and San Francisco, Amalgamated is one of the most unusual banks in the country. Founded in 1923 by the Amalgamated Clothing Workers of America…

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Jack Milligan


Jack Milligan is editor-at-large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Mr. Milligan directs Bank Director’s editorial coverage and leads its director training efforts. He has a master’s degree in Journalism from The Ohio State University.

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