Consumer advocate Ralph Nader is admonishing Washington unions for not moving their business to the District of Columbia branch of Amalgamated Bank of New York.

The $2.2 billion-asset bank, owned by a New York-based textile workers union, opened a branch in the capital last May. But it has attracted only $20 million of deposits.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.