The Bank Slate


Amalgamated in N.Y. adds former banker to board

Amalgamated Financial in New York has added a former banker to its board.

The $6.6 billion-asset company said in a press release that Darrell Jackson is its newest director. Jackson is president and CEO of The Efficace Group, an executive coaching business.

“We are thrilled to welcome Darrell as a valuable member of our team,” Lynne Fox, Amalgamated’s chairman, said in the release.

“We firmly believe that his demonstrated expertise and leadership across the financial sector, business acumen and successful strategies for growth despite challenging economic circumstances will be an incredible asset for our bank,” Fox added.

Jackson was a director of Chicago Shore and unit Delaware Place Bank from November 2016 to July 2018, when it was sold to Wintrust Financial. He was president and CEO of Seaway Bank and Trust from 2014 to 2015.

Jackson also held a variety of positions at Northern Trust from 1995 to 2014, including co-president of wealth management Illinois.

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