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Valley National Bancorp (VLY)

10.00 Aug 21, 4:00PM EDT
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Valley National Bancorp
1455 Valley Road
Wayne, NJ 07470
United States - Map
Phone: 973-305-8800

Index Membership:N/A
Industry:Regional - Northeast Banks
Full Time Employees:2,908

Business Summary 

Valley National Bancorp operates as the bank holding company for the Valley National Bank that provides commercial, retail, and trust and investment services. The company operates through four segments: Commercial Lending, Consumer Lending, Investment Management, and Corporate and Other Adjustments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products portfolio comprises construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also provides trust services to individuals; and asset management advisory services. In addition, the company invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, and documentary letters of credit and related products. Further, it provides property and casualty, life, health, and title insurance; asset-based lending support services; and health care equipment and other commercial equipment leases, as well as owns and services real estate related investments, and general aviation aircraft loans and existing commercial equipment leases. Additionally, the company offers other banking services, such as automated teller machines, telephone and Internet banking, remote deposit capture, overdraft facilities, drive-in and night deposit services, and safe deposit services. It operates 204 branches in 144 communities serving 16 counties in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, New York. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

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Corporate Governance 
Valley National Bancorp’s ISS Governance QuickScore as of Aug 1, 2014 is 2. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 1; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Gerald Howard Lipkin , 73
Chairman, Chief Exec. Officer, Pres, Chairman of Valley National Bank, Chief Exec. Officer of Valley National Bank and Pres of Valley National Bank
Mr. Alan David Eskow CPA, 65
Chief Financial Officer, Sr. Exec. VP, Sec., Director, Chief Financial Officer of Valley National Bank, Sr. Exec. VP of Valley National Bank, Sec. of Valley National Bank and Director of Valley National Bank
Mr. Peter Crocitto , 56
Chief Operating Officer, Sr. Exec. VP, Director, Chief Operating Officer of Valley National Bank, Sr. Exec. VP of Valley National Bank and Director of Valley National Bank
Mr. Robert M. Meyer , 67
Chief Commercial Lending Officer, Exec. VP, Chief Commercial Lending Officer of Valley National Bank and Exec. VP of Valley National Bank
Mr. Albert L. Engel , 65
Chief Retail Lending Officer, Exec. VP, Chief Retail Lending Officer of Valley National Bank and Exec. VP of Valley National Bank
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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