Valley National Bank

Headquarters:Valley National Bank
615 Main Ave
Passaic, NJ 07055
Established:01/01/1927
FDIC Insurance:01/01/1934
FDIC Cert:#9396
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:237
Total Assets:$60,943,806,000
Total Deposits:$49,436,078,000

History

1927-01-01Institution established: Original name:Passaic Park Trust Company
1935-02-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1935-02-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
1937-01-15Changed name to Bank of Passaic and Trust Company
1957-05-28Moved bank headquarters from PASSAIC, NJ to CLIFTON, NJ
1958-10-08Changed name to Bank of Passaic and Clifton
1969-02-11Moved bank headquarters from CLIFTON, NJ to PASSAIC, NJ
1970-03-13Changed primary regulatory agency from FEDERAL RESERVE BOARD to COMPTROLLER OF THE CURRENCY
1970-03-13Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
1970-03-13Changed name to Bank of Passaic and Clifton, National Association
1976-05-10Changed name to Valley National Bank
1976-06-11Acquired Bank of Wayne, National Association (20596) in WAYNE TOWNSHIP, NJ
1977-06-17Acquired Bankers National Bank (6311) in ELMWOOD PARK, NJ
1981-12-31Acquired Liberty National Bank (21175) in HILLSDALE, NJ
1982-01-30Acquired Fair Lawn State Bank (19665) in FAIR LAWN, NJ
1986-06-06Acquired The First National Bank and Trust Company of Kearny (6361) in KEARNY, NJ
1991-06-07Acquired North Jersey Federal Savings Association (33289) in PASSAIC, NJ
1991-09-13Acquired First Jersey Savings, F.A. (33319) in WYCKOFF, NJ
1991-09-27Acquired Nutley Savings Bank, SLA (28742) in NUTLEY, NJ
1991-10-18Acquired Yorkwood Federal Savings and Loan Association (32983) in MAPLEWOOD, NJ
1992-05-22Acquired Powder Mill Bank (27001) in MORRIS PLAINS, NJ
1993-01-29Acquired Mayflower Savings Bank SLA (30436) in LIVINGSTON, NJ
1993-06-18Acquired Peoples Bank, National Association (6303) in BELLEVILLE, NJ
1994-11-30Acquired RockBank (20389) in PLAINFIELD, NJ
1995-02-28Acquired American Union Bank (32966) in UNION, NJ
1995-06-30Acquired Lakeland Savings Bank (30690) in SUCCASUNNA, NJ
1997-03-01Acquired The Midland Bank and Trust Company (17867) in PARAMUS, NJ
1998-10-16Acquired Wayne Savings Bank, F.S.B. (28728) in WAYNE, NJ
1999-06-11Acquired The Ramapo Bank (19721) in WAYNE TOWNSHIP, NJ
2001-01-19Acquired The Merchants Bank of New York (643) in NEW YORK CITY, NY
2001-12-26Reorganized.
2005-03-31Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ

Financial Information (2023-12-31 and Older)