The Park Avenue Bank
| Status: | Inactive as of 03/12/2010 |
| Absorption - Assisted | |
| Successor Bank: | Valley National Bank |
| Headquarters: | The Park Avenue Bank 460 Park Avenue New York, NY 10022 |
| Established: | 11/06/1987 |
| FDIC Insurance: | 11/06/1987 |
| FDIC Cert: | #27096 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $520,146,000 |
| Total Deposits: | $494,505,000 |
History
| 1987-11-06 | Institution established: Original name:The Park Avenue Bank, National Association | |
| 1996-02-26 | Changed organization type to CREDIT CARD BANK | |
| 2004-03-30 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2004-03-30 | Changed organization type to COMMERCIAL BANK | |
| 2004-03-30 | Changed name to The Park Avenue Bank | |
| 2004-03-30 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2004-03-30 | Moved bank headquarters from NEW YORK CITY, NY to NEW YORK, NY | |
| 2010-03-12 | Failed. Acquired with government financial assistance and subsequently operated as part of Valley National Bank (9396) | |
| 2011-06-30 | Reorganized. | |
| 2012-01-01 | Acquired State Bank of Long Island (19695) in JERICHO, NY | |
| 2014-11-01 | Acquired 1st United Bank (35408) in BOCA RATON, FL | |
| 2015-12-01 | Acquired CNLBank (34427) in ORLANDO, FL | |
| 2018-01-01 | Acquired USAmeriBank (58427) in CLEARWATER, FL | |
| 2019-12-01 | Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ |