iOS app Android app

Keith Mestrich
GET UPDATES FROM Keith Mestrich
 
Keith Mestrich is President of Amalgamated Bank, the only majority union-owned bank in the United States. A 25-year veteran of the labor movement, Keith has served as Chief Financial Officer and Deputy Chief of Staff at the Service Employees International Union (SEIU) and Chief of Staff for SEIU's Workers United Conference. Amalgamated Bank's core customers include unions and their funds, progressive not-for-profit institutions and political organizations, as well as the members of those groups.

Entries by Keith Mestrich

Why I Love My Bank Regulator

(0) Comments | Posted July 24, 2014 | 4:35 PM

2014-07-24-washingtonhuffpocopy.jpg

Many financial sector executives are not fans of bank regulators -- to put it mildly. But I have a different perspective: I love my bank regulator. Here's why -- and why you should, too.

This week marks four years since the passage of...

Read Post

Be Patriotic: Fight for Progressive Change

(0) Comments | Posted July 2, 2014 | 8:19 PM

2014-07-02-flagdcimage.jpg

Here's what I'm going to be saying this Fourth of July: "I love America. But if we're to reach our full potential, we should be looking outside our own country to learn a few things." That might seem like an unpatriotic sentiment on...

Read Post

Why We Need Paid Sick Leave Now

(0) Comments | Posted June 23, 2014 | 2:02 PM

Have you ever had to choose between going to work sick and paying for groceries? Lisa, a food service worker from Kissimmee, Florida, has. When she developed a bad gum infection, she came down with a fever, terrible pain, and inflammation so bad that her right eye was...

Read Post

The Threat of CEO-to-Worker Pay Disparity and How to Change It

(1) Comments | Posted June 5, 2014 | 3:40 PM

While many workers at some of our nation's largest companies earn less than eight dollars an hour, it's a safe bet that their CEOs are earning eight-figure salaries. That's not hyperbole; just last week we learned that a typical CEO now earns $10.5 million per year, a new...

Read Post

On Minimum Wage, Follow Seattle's Lead

(5) Comments | Posted May 12, 2014 | 5:41 PM

2014-05-12-newminwage10470645575_f586431d7b_z.jpg

Earlier this month, while Republicans in Congress were torpedoing efforts to raise the federal minimum wage, leaders in Seattle took a big step in the opposite direction - announcing a plan that would require employers to pay workers in the city at least...

Read Post

Since Bangladesh Factory Collapse, What Has Changed?

(0) Comments | Posted April 23, 2014 | 6:56 PM

2014-04-23-Banglfactorycollapse.jpg

One year ago on Thursday, Rana Plaza, a building in Dhaka, Bangladesh, collapsed, killing over 1,100 and injuring over 2,500 -- the worst garment factory accident in history. Workers trapped inside the building had been making clothes for popular western companies like Walmart,...

Read Post

Making Banking Work for Everyone

(0) Comments | Posted April 18, 2014 | 10:42 AM

Last week's news that Congress and state officials are working to crack down on the payday loan industry was welcome--and overdue. For too long, America has been facing a crisis hiding in plain sight: Nearly 1/3 of the U.S. population is unbanked or underbanked. These are...

Read Post

Why the Triangle Shirtwaist Factory Fire Is Important Today

(0) Comments | Posted March 25, 2014 | 1:10 PM

It may not seem that the Triangle Shirtwaist factory fire, which happened over a century ago in New York City, would be relevant today -- but it is. It was a tragedy that opened the nation's eyes to poor working conditions in garment factories and other workplaces, and set in...

Read Post