Baltimore, MD - Feb. 18, 2025  - Coalition for Jewish Values (CJV) today released its new investigative documentary, “Terror Bank,” regarding Amalgamated Bank, its Amalgamated Charitable Foundation, and their ties to terror. The documentary reveals that Amalgamated collects substantial bank fees from the Democratic Party and leading Democratic politicians, and donates from its proceeds to causes that, in turn, sponsor Middle Eastern terrorist organizations.

Amalgamated bills itself as “proud to support candidates, political parties… and political organizations as they seek to build power for progressive change.” In the documentary, Daniel Cameron, CEO of 1792 Exchange, identifies the deep ties between Amalgamated and progressive parties and candidates, including the Democratic National Committee, the Kamala for President campaign, Senate Minority Leader Chuck Schumer (D-NY) and House Minority Leader Hakeem Jeffries (D-NY).

Rabbi Yaakov Menken, Executive Vice President of the Coalition for Jewish Values, then traces the flow of money from these powerful political offices into Amalgamated Bank, to its Amalgamated Charitable Foundation, and then to the Alliance for Global Justice (AfGJ)—the fiscal sponsor of Samidoun, which the Biden Administration designated in 2024 as a “sham charity,” a propaganda arm of the Popular Front for the Liberation of Palestine (PFLP) terror organization.

Despite these ties, the Amalgamated Charitable Foundation has also operated a program advocating for other charitable funds to halt donations to non-profits that Amalgamated labels as “hateful” for supporting traditional family values and opposing radical Islamic terrorism. Amalgamated called upon funds to not permit donors to allocate gifts to these groups, although the donors had established Donor Advised Funds for this purpose. Amalgamated sanitized its website after Rabbi Menken, in an op-ed published late last year, highlighted the hypocrisy of Amalgamated maligning the contributions of others as hateful while itself sending money to the PFLP.

Rep. Mike Flood (R-NE), a member of the powerful House Financial Services Committee and its Financial Institutions Subcommittee, and John A. Cassara, a retired Special Agent with the U.S. Treasury Department, also provide expert commentary as part of the documentary. “None of us should be doing business with organizations that bankroll terrorism and hate,” avers Rep. Flood.

Coalition for Jewish Values has started a petition drive, calling upon Amalgamated Charitable Fund to drop funding, both directly and via its Donor Advised Fund, to AfGJ and other causes that support terrorism and hate, both in the Middle East and here in America. Readers can access the video and the petition at http://cjvalues.org/terrorbank/ .