Amalgamated Bank opens in Maspeth

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At the grand opening of the newest branch were Derrick Cephas (right), Amalgamated Bank President & CEO, presenting an award to Michael Terry, Chamber President, for Maspeth Chamber of Commerce’s 57 years of service to the community.
Cutting the ribbon were Peter Fornino, Maspeth branch Manager; Derrick Cephas, Amalgamated Bank, President & CEO; Assemblymember Margaret Markey; Councilmember Elizabeth Crowley.

Amalgamated Bank, “America’s Labor Bank,” hosted a grand opening and ribbon-cutting ceremony for its newest branch, at 69-73 Grand Avenue in Maspeth. To learn more about Amalgamated Bank, visit,