The Merchants Bank of New York

Status:Inactive as of 2001-01-19
 Merger - Without Assistance
Successor Bank:Valley National Bank
Headquarters:The Merchants Bank of New York
434 Broadway
New York, NY 10013
Established:1926-05-01
FDIC Insurance:1934-01-01
FDIC Cert:#643
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:7
Total Assets:$1,476,627,000
Total Deposits:$1,013,111,000

History

1926-05-01Institution established: Original name:The Merchants Bank of New York
1992-11-13Acquired First New York Bank for Business (22073) in NEW YORK, NY
2001-01-19Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
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 (2000-12-31 and Older)