Advisory Committee on Economic Inclusion (ComE-IN)
Guest Speaker Biographies - Peter Mosbacher
Mr. Mosbacher is a community
development professional with 29 years of work experience in the areas of
urban planning, affordable housing, non-profit management and banking. At
Amalgamated Bank, he is responsible for developing and managing the
Community Development Department to ensure CRA compliance under the service,
lending and investment tests. Mr. Mosbacher is also responsible for
identifying the banking and credit needs of the communities that the Bank
serves, and works with senior management to identify retail branch locations
as well as bank products, programs and services that respond to the needs of
the Bank’s working class customers and prospects.
Since joining the Bank, Mr.
Mosbacher has secured Banking Development District designation for four new
retail branches located in under-served neighborhoods in Queens, Brooklyn
and The Bronx. He has also initiated strategic partnerships with the New
York City Housing Authority, the New York State Banking Department, the NYC
and NYS Comptroller’s Offices and New York City’s Office of Financial
Empowerment to launch a number of pilot programs that encourage low- income
under-banked and un-banked people to access affordable banking products and
services at Amalgamated Bank as an alternative to check cashing
Prior to joining Amalgamated Bank in
2006, Mr. Mosbacher was a Community Development Officer at The Bank of New
York and, prior to that, at Citibank. He began his career in the non-profit
sector, serving as a project manager with Project for Public Spaces, Inc.
and then as a founding board member and executive director of the New York
Main Street Alliance.
Mr. Mosbacher has a B.A. in
Environmental Design & Planning from the School of Architecture at the State
University of New York at Buffalo. He is married with two grown children and
resides in Westchester County, New York.