The Bank Slate


Amalgamated in Chicago rebrands ahead of St. Louis expansion

Amalgamated Bank of Chicago has rebranded as ABOC as part of a plan to expand beyond its home market.

The $1.1 billion-asset bank said in a press release that the new name represents “a modern look that reflects its rich heritage while setting the stage for future growth.”

“We believe the time is right to broadly communicate the things that set us apart: a strong foundation, profound trust, in-depth financial and banking expertise, and highly personalized and responsive service,” Nick Weaver, the bank’s president and chief operating officer, said in the release.

“Through this rebranding, we will re-energize the bank, reintroduce it to the Chicago area and position its capabilities to new customers in other markets, starting with St. Louis,” Weaver added.

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