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    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001847234</cik>
          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>



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    <issuerInfo>
      <issuerCik>0001823608</issuerCik>
      <issuerName>Amalgamated Financial Corp.</issuerName>
      <secFileNumber>001-40136</secFileNumber>
      <issuerAddress>
        <com:street1>275 SEVENTH AVE.</com:street1>
        <com:city>NEW YORK</com:city>
        <com:stateOrCountry>NY</com:stateOrCountry>
        <com:zipCode>10001</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>(212) 255-6200</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>McDonagh John</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab Corp</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>8434</noOfUnitsSold>
      <aggregateMarketValue>212115.00</aggregateMarketValue>
      <noOfUnitsOutstanding>30524039</noOfUnitsOutstanding>
      <approxSaleDate>06/07/2024</approxSaleDate>
      <securitiesExchangeName>Nasdaq</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/30/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Exercised Stock Options</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4995</amountOfSecuritiesAcquired>
      <paymentDate>05/30/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/03/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSU's</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3439</amountOfSecuritiesAcquired>
      <paymentDate>06/03/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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      <sellerDetails>
        <name>John McDonagh</name>
        <address>
          <com:street1>275 Seventh Avenue</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10001</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Amalgamated Financial Corp</securitiesClassTitle>
      <saleDate>05/21/2024</saleDate>
      <amountOfSecuritiesSold>3000</amountOfSecuritiesSold>
      <grossProceeds>75002.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>06/07/2024</noticeDate>
      <signature>John McDonagh</signature>
    </noticeSignature>
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144
0001847234
XXXXXXXX
LIVE
0001823608
Amalgamated Financial Corp.
001-40136
275 SEVENTH AVE.
NEW YORK
NY
10001
(212) 255-6200
McDonagh John
Director
Common
Charles Schwab Corp
3000 Schwab Way
Westlake
TX
76262
8434
212115.00
30524039
06/07/2024
Nasdaq
Common
05/30/2024
Exercised Stock Options
Issuer
N
4995
05/30/2024
Cash
Common
06/03/2024
Vested RSU's
Issuer
N
3439
06/03/2024
Cash
N
John McDonagh
275 Seventh Avenue
New York
NY
10001
Amalgamated Financial Corp
05/21/2024
3000
75002.00
06/07/2024
John McDonagh