Valley National Bancorp (VLY) NASDAQ

10.42

-0.175(-1.65%)

Updated at September 30 11:38AM

Currency In USD

Valley National Bancorp

Address

One Penn Plaza

New York City, NY 10119

United States of America

Phone

973 305 8800

Sector

Financial Services

Industry

Banks - Regional

Employees

3732

First IPO Date

March 23, 1990

Key Executives

NameTitlePayYear Born
Mr. Ira D. RobbinsChairman & Chief Executive Officer2.62M1975
Mr. Travis P. LanSenior Executive Vice President & Chief Financial Officer602,2351985
Mr. Russell BarrettSenior EVice President & Chief Operating Officer846,7621976
Mr. Gary G. MichaelExecutive Vice President, General Counsel & Corporate Secretary0N/A
Ms. Melissa F. ScofieldExecutive Vice President & Chief Risk Officer01960
Mr. Mitchell L. CrandellExecutive Vice President & Chief Accounting Officer01971
Mr. Marc PiroSenior Vice President, Head of Content, Creative & Public Relations0N/A
Ms. Yvonne M. SurowiecSenior EVice President & Chief People Officer01961
Mr. Rick KraemerExecutive Vice President, Chief Financial Services Officer, Treasurer & Deputy Chief Financial Officer of Valley Bank0N/A
Mr. Mark SaegerExecutive Vice President01965

Description

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts, commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, foreign wire transfers services, and transaction accounts for non-resident aliens. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. As of December 31,2021, it operated 232 branch offices in New Jersey, New York, Florida, and Alabama. The company was incorporated in 1927 and is headquartered in New York, New York.