Valley National Bank
Encyclopedia
Valley National Bank is the principal subsidiary of Valley National Bancorp, a regional bank holding company with assets of over $14 billion with the recent acquisition of Greater Community Bank.

History

Valley National Bank was founded in 1927 and operates as a super-community bank based in Wayne
Wayne
- People with the surname Wayne :* Anthony Wayne, a general in the American colonial and United States armies* David Wayne , a musician* Elsie Wayne, a Canadian politician* Gary Wayne an American Major League baseball player* Jeff Wayne, a musician...

, New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

 with 205 branch offices in northern and central New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

, and in the New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 boroughs Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...

, Brooklyn
Brooklyn
Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...

 and Queens
Queens
Queens is the easternmost of the five boroughs of New York City. The largest borough in area and the second-largest in population, it is coextensive with Queens County, an administrative division of New York state, in the United States....

. Valley National Bank is currently one of the largest commercial banks headquartered in New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

.

From its founding until 1999 Valley National Bank was based in Passaic, New Jersey
Passaic, New Jersey
Passaic is a city in Passaic County, New Jersey, United States. As of the 2010 United States Census, the city had a total population of 69,781, maintaining its status as the 15th largest municipality in New Jersey with an increase of 1,920 residents from the 2000 Census population of 67,861...

. That year, following the acquisition of Wayne-based Ramapo Bank, Valley National moved its headquarters to Wayne.

In June of 2011, Valley National Bank was sued by rock band The Black Keys
The Black Keys
The Black Keys are an American rock duo consisting of vocalist/guitarist Dan Auerbach and drummer/producer Patrick Carney. The band was formed in Akron, Ohio, in 2001. As of October 2011, the band has sold over 2 million albums in the U.S....

 and their record label Nonesuch Records
Nonesuch Records
Nonesuch Records is an American record label, owned by Warner Music Group and distributed by Warner Bros. Records.-Company history:Nonesuch was founded in 1964 by Jac Holzman to produce "fine records at the same price as a trade paperback", which would be half the price of a normal LP...

 over the bank's unauthorized use of the band's Grammy award winning song Tighten Up in a television commercial.

External links


There had been another "Valley National Bank [of Arizona]": list of bank mergers in United States;
  • http://www.fdic.gov/bank/historical/bank/1992/index.html ;
  • http://southwest.construction.com/news/azhistory ;
  • http://glasssteelandstone.com/BuildingDetail/311.php
  • http://glasssteelandstone.com/PrinterFriendlyBuildingDetail.php?BuildingName=Bank%20One%20Center&LocationCity=Phoenix&LocationState=Arizona&LocationNation=United%20States .
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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