Corporate Trust

Amalgamated Bank of Chicago’s Corporate Trust Department is an experienced Midwest-based trust services team that specializes in municipal debt and escrows. We understand the competitive nature of this business. Our client-focused, proactive service approach sets us apart. Our mission is to partner with our clients to serve their needs from inception through maturity date.

What Sets Us Apart


  • Our team of highly experienced administrators average over 20 years working in municipal trust.
  • Corporate debt and municipal debt are not administered the same way. We focus our expertise on the unique needs of the municipal community.
  • Our team of administrators, operations staff and legal counsel offer a cohesive structure for your product. We provide a clear approach to service in an ever-changing industry.

Client Focus

  • We offer high-quality, old-fashioned service with our administrative team, operations staff and legal counsel. Answering your questions is a priority for us.
  • We utilize state-of-the-art, bond payment, tickler and trust accounting systems with online activity and statement viewing/downloads at no additional charge.
  • You have our full commitment. We provide in-house legal review, thereby ensuring a cohesive corporate trust experience.

Comprehensive Services

  • Unlike our larger competitors, trust administration, operations, compliance, trade settlement, wire transfers and legal counsel are all performed in one location. We pride ourselves in our response time.
  • We are a nimble, all-inclusive organization without the multiple layers and red tape of our larger competitors. Our structure allows us to tailor our services to your needs and get the details right.
  • Our objective each and every day is to be the best in the Midwest municipal trust business.

Products and Services

Our extensive products and services include:

  • Bond Trustee
  • Successor Trustee
  • Master Trustee
  • Bond Registrar
  • Paying Agent
  • Collateral Agent
  • Dissemination Agent
  • Tender Agent
  • Municipal Escrow Agent
  • Corporate Escrow Agent

We serve as trustee on a variety of debt issues for both tax-exempt and taxable issues, including:

  • General Obligation Bonds
  • Revenue Bonds
  • Multi-Mode Tender Bonds
  • Industrial Development Bonds
  • Certificates of Participation
  • Credit Enhanced Debt
  • Senior Living Facility Bonds
  • Housing Bonds
  • Health Care Financing
  • Cultural Institution Financing
  • Educational Financing
  • Tax Increment Financing

Client Links

IEPA Loan Payments

Corp Trust Fees

Debt Service

Village of Montgomery Payments

Investments in trust accounts are not FDIC-insured, not bank-guaranteed, not a deposit, have investment risk, and may go down in value.

Department Contacts

For inquiries about setting up a new Corporate Trust account, please contact Michele Martello or Ann Longino.

Michele Martello Senior Vice President, Corporate Trust Manager 312-822-8340
Ann Longino Vice President, Corporate Trust Revenue & Compliance Manager 312-822-3187
Donna Howard Vice President 312-822-8505
Felipe Mendoza Vice President 312-822-3053
Stacy Coleman Vice President 312-822-8527
Cathey Walls Assistant Vice President 312-822-3256
Rudy Garcia Assistant Vice President 312-822-3016
Cecilia Vargas  Associate Administrator 312-822-8504
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