Barry Cope Joins Amalgamated Bank of Chicago as Senior Vice President

CHICAGO, Jan. 29, 2014 /PRNewswire/ -- Amalgamated Bank of Chicago announced today that Barry E. Cope, 49, has joined the Bank as Senior Vice President of Institutional Trust Marketing Services. He succeeds Paul McCloskey, who retired from the Bank at year's end. Prior to joining Amalgamated, Mr. Cope was head of Institutional Marketing and Consultant Relations at Capital Innovations, LLC.

"We are delighted that Barry has joined the Amalgamated Bank team. He will be responsible for the continued development of the Bank's institutional trust business, including managing client services, consultant relations, sales and marketing. Barry's experience, knowledge-base and skill-set will be of great benefit to our ever-growing base of institutional clients throughout the country," said Robert M. Wrobel, Chairman and Chief Executive Officer.

A veteran of over 25 years in the trust and investment business, Mr. Cope has held senior marketing and management positions at prominent investment firms including Duff & Phelps Investment Management Co., a subsidiary of Virtus Investment Partners, where he headed the firm's institutional business, and National Fuel Gas Company, where he was responsible for managing approximately $1 billion in trust assets. Mr. Cope received his BS and MBA degrees from Pennsylvania State University and a MS degree in Finance from the University of Rochester's William E. Simon School of Business.

Founded in 1922 by the Amalgamated Clothing Workers Union of America, Amalgamated Bank of Chicago specializes in serving the financial needs of area businesses, local government units and various international, national and local unions and their members. Located in Chicago's Loop at the corner of State and Monroe, the Bank has a full service office at 28600 Bella Vista Parkway, Warrenville, IL. As of Dec. 31, 2013, Amalgamated Bank of Chicago has assets of $765 million.

SOURCE Amalgamated Bank of Chicago