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Wednesday, December 2, 2009, 10:32AM ET - U.S. Markets close in 5 hours and 28 minutes. Dow Up 0.23% Nasdaq Up 0.99%
Valley National Bancorp (VLY)At 10:17AM ET: 13.34  Up 0.17 (1.29%)  
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Valley National Bancorp
1455 Valley Road
Wayne, NJ 07470
United States - Map
Phone: 973-305-8800
Fax: 973-305-1605
Web Site: http://www.valleynationalbank.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:2,783

BUSINESS SUMMARY 
Valley National Bancorp as the holding company for Valley National Bank that provides commercial, retail, trust, and investment services. It offers various services, including acceptance of demand, savings, and time deposits; the provision of consumer, real estate, and small business administration loans, as well as other commercial credits; and the provision of equipment leasing, personal and corporate trust, and pension and fiduciary services. The company’s Consumer Lending segment provides residential mortgages, home equity loans, automobile loans. It also offers trust; asset management advisory services; and property, casualty, life, health, and title insurance services. Its Commercial Lending segment provides floating rate and adjustable rate commercial loans, as well as fixed rate owner occupied and commercial mortgage loans. The company’s Investment Management segment offers fixed rate investments, trading securities, and federal funds. Valley National Bancorp also engages in real estate related investment activities. As of December 31, 2008, it operated 195 full-service banking offices located in northern and central New Jersey and New York City. The company was founded in 1927 and is headquartered in Wayne, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Valley National Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 11.9% of S&P 400 companies and 61.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Gerald Howard Lipkin , 68
    Chairman, Chief Exec. Officer, Pres, Chairman of Valley National Bank, Chief Exec. Officer of Valley National Bank and Pres of Valley National Bank
    $ 1.33M $ 326.00K
    Mr. Alan David Eskow , 60
    Chief Financial Officer, Sr. Exec. VP, Sec., Chief Financial Officer of Valley National Bank, Sr. Exec. VP of Valley National Bank and Sec. of Valley National Bank
    $ 550.00K $ 251.00K
    Mr. Peter Crocitto , 51
    Chief Operating Officer, Sr. Exec. VP, Chief Operating Officer of VNBank and Sr. Exec. VP of VNBank
    $ 565.00K $ 258.00K
    Mr. Robert Meyer , 62
    Exec. VP and Exec. VP of VNBank
    $ 540.00K $ 83.00K
    Mr. Al Engel , 60
    Exec. VP and Exec. VP of Valley National Bank
    $ 510.00K $ 327.00K
    Dollar amounts are as of 31-Dec-08 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.
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