Amalgamated in New York Hires Veteran Banker as CFO

By Brian Browdie March 20, 2013, 12:17 p.m. EDT 1 Min Read

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Amalgamated Bank in New York as hired a veteran banker as its chief financial officer.

William Houlihan, a former CFO for Hudson United Bank in Mahwah, N.J., will become the top financial officer at the $3.7 billion-asset Amalgamated, the company said Wednesday. He has also held senior posts at Metris, a credit card issuer, and Sedgwick, a manager of health care claims.

Houlihan "has a proven track record as a CFO and investment banker throughout his distinguished career," Edward Grebow, Amalgamated's chief executive, said in a press release.

The appointment comes amid efforts by Amalgamated to expand its executive team. In February, the union-owned bank hired John Romano, who led the Long Island division of People's United Financial (PBCT) in Bridgeport, Conn., to run seven business units, including retail banking, residential lending and treasury management.

An Amalgamated spokesman did not respond immediately to a request for comment on whom Houlihan succeeds.

Brian Browdie