VLY Profile
Valley National Bancorp serves as the holding company for Valley National Bank, a provider of diverse financial services encompassing commercial, retail, insurance, and wealth management solutions. Headquartered in New York, New York, the company operates through three key segments: Commercial Lending, Consumer Lending, and Investment Management.
The bank offers a comprehensive range of financial products, including non-interest bearing, savings, NOW, money market, and time deposit accounts. It extends various types of loans, such as commercial and industrial loans, commercial real estate loans, residential mortgages, and automobile loans, catering to both corporate and individual clients. Additionally, Valley National provides home equity loans, lines of credit, and other consumer loans, ensuring flexible financing options tailored to diverse needs.
Valley National Bancorp engages in robust investment activities, managing portfolios that include securities and interest-bearing deposits with other banks. It also delivers international banking services, including letters of credit, foreign exchange transactions, and foreign wire transfers, supporting global financial transactions for businesses and individuals.
The company emphasizes personalized financial solutions, offering investment management services for individuals and small to medium-sized businesses, as well as tailored strategies for retirement plans. Its comprehensive suite of services further includes trust administration, tax credit advisory, property and casualty insurance, life and health insurance, and commercial equipment leasing. With a network of 232 branch offices across New Jersey, New York, Florida, and Alabama, Valley National Bancorp continues to expand its footprint while maintaining a commitment to innovative banking technologies and exceptional customer service.
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