ABOC Achieves Prestigious Five-Star Rating in Newsweek's 2026 Rankings

On January 15, 2026, ABOC, also known as Amalgamated Bank of Chicago, proudly announced its recognition as one of the best regional banks in the United States by Newsweek, receiving a coveted five-star rating in their annual America’s Best Regional Banks and Credit Unions study for 2026. This accolade is a significant achievement, as it highlights the bank's unwavering commitment to providing exceptional service and fostering trust within the communities it serves.

Overview of the Rankings

Newsweek collaborated with Plant-A Insights Group to curate the America’s Best Regional Banks and Credit Unions rankings. This comprehensive list was developed to shine a light on financial institutions that make a meaningful impact on their local economies. The evaluation process considered a wide array of criteria ranging from financial health to operational performance, as well as media coverage and extensive feedback collected directly from customers via surveys and digital reviews.

ABOC earned its five-star distinction by excelling in several critical evaluation metrics, including financial health indicators and customer experience ratings, thanks to insights gleaned from over 140,000 banking customers across the nation. CEO Nick Weaver articulated the significance of this award, stating, “This recognition reflects the trust our customers place in ABOC and the dedication of our team to responsible, relationship-driven banking.” He emphasized the bank's mission of serving working individuals, unions, and businesses with a long-term vision focused on stability, service, and community impact.

The Role of Regional Banks

Regional banks like ABOC play a crucial role in supporting local economies. They provide significant financing to businesses, nurture community development initiatives, and offer reliable, personalized banking services that foster long-lasting relationships with customers. By doing so, they contribute to the economic growth and resilience of their respective regions.

The rigorous selection process that brought ABOC into the spotlight involved reviewing more than 8,800 banks and credit unions across the U.S. Initially, banks were screened based on key financial performance indicators. This was followed by a detailed review of a selected group, which was assessed through independent analysis along with direct feedback from U.S. banking customers. This multi-stage approach culminated in identifying the highest-performing regional banks in the country.

Continued Success and Stability

ABOC's five-star recognition is not only a reflection of its current performance but also underscores its continuous progress and stability within the banking sector. This latest honor builds upon the bank's previous acknowledgment in 2025, reaffirming its commitment to maintaining high standards in the face of an ever-changing financial landscape. The annual rankings serve as an invaluable resource for consumers and enterprises seeking reliable financial institutions as they make strategic decisions about growth, investments, and long-term economic security.

For more information regarding ABOC’s extensive range of banking services, visit www.aboc.com. ABOC, a member of the FDIC, has a rich history dating back to its founding in 1922 by the Amalgamated Clothing Workers Union. Its legacy continues to focus on the financial needs of local businesses and working individuals, strengthened by a commitment to outstanding customer service and expertise.

About ABOC

Amalgamated Bank of Chicago is more than just a regional bank; it is a beacon of trust and support within the community. As it continues to grow and adapt, ABOC remains dedicated to its core values—delivering a wide array of financial products and services, prioritizing client relationships, and championing local economic development.

To learn more about how ABOC can meet your banking needs, feel free to explore the website mentioned earlier.