Passaic, New Jersey

Valley Bank Brings Relationship Banking to Greater Philadelphia Region

Retrieved on: 
Thursday, July 29, 2021
Finance, Banking, Professional services, Commercial Building & Real Estate, Construction & Property, Regions of the United States, Banks of the United States, Companies, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Primary dealers, Subprime mortgage crisis, JPMorgan Chase, U.S. Bancorp, PacWest Bancorp

Valley National Bank, a regional bank with approximately $41 billion in assets, is continuing its expansion into the greater Philadelphia region to provide financial services for growth-oriented small and mid-sized businesses.

Key Points: 
  • Valley National Bank, a regional bank with approximately $41 billion in assets, is continuing its expansion into the greater Philadelphia region to provide financial services for growth-oriented small and mid-sized businesses.
  • Leading Valleys commercial and industrial lending team in the region is Mark Biedermann, Senior Vice President, Division Head who recently joined the bank.
  • With more than 32 years of commercial banking experience, Biedermann has held several executive and senior management positions at local banks in the Philadelphia region.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.

Oregon Bancorp Announces Second Quarter Earnings

Retrieved on: 
Friday, July 23, 2021
Banking, Professional services, Finance, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Willamette, Banks of the United States, Companies, Regions of the United States

Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $5.4 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 33.2%.

Key Points: 
  • Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $5.4 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 33.2%.
  • During the quarter, total assets increased $2.3 million driven by a $6.5 million increase in deposits and the paydown of $6.3 million in borrowings.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon.
  • For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503) 485-2222 or visit our website at www.willamettevalleybank.com .

Passaic Valley Water Commission Kicks off 2021 Hydrant Flushing Program

Retrieved on: 
Monday, July 19, 2021
Environmental engineering, Hydraulics, Water industry, Fire hydrant, Street furniture, Flushing, Water distribution system, Hydrant, Fluid dynamics, Fluid power, Chemical engineering, Passaic, New Jersey

CLIFTON, N.J., July 19, 2021 /PRNewswire/ -- As part of ongoing efforts to improve service to its customers, Passaic Valley Water Commission (PVWC) will begin its annual Hydrant Flushing Program on Monday, July 19, 2021.

Key Points: 
  • CLIFTON, N.J., July 19, 2021 /PRNewswire/ -- As part of ongoing efforts to improve service to its customers, Passaic Valley Water Commission (PVWC) will begin its annual Hydrant Flushing Program on Monday, July 19, 2021.
  • The water mains will be flushed weekdays between the hours of 9:00 A.M. and 4:00 P.M.
    What is Hydrant Flushing and Why is PVWC Doing it?
  • Hydrant Flushing is the quick release of water from fire hydrants and is vital to the general maintenance of the water distribution system.
  • Passaic Valley Water Commission (PVWC) assures all customers that the water will be safe for use during this period; however, there may be some unavoidable water discoloration and low pressure at any time during flushing.

Valley National Bancorp Expands Into Dynamic Westchester County, NY Market With Acquisition of High-Performing Westchester Bank Holding Corporation

Retrieved on: 
Tuesday, June 29, 2021
Companies, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Webster Bank, Patriot National Bancorp

NEW YORK and WHITE PLAINS, N.Y. , June 29, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (Valley) (NASDAQ:VLY) and The Westchester Bank Holding Corporation (Westchester) announced today that they have entered into a definitive merger agreement whereby Valley will acquire Westchester, parent company of The Westchester Bank.

Key Points: 
  • NEW YORK and WHITE PLAINS, N.Y. , June 29, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (Valley) (NASDAQ:VLY) and The Westchester Bank Holding Corporation (Westchester) announced today that they have entered into a definitive merger agreement whereby Valley will acquire Westchester, parent company of The Westchester Bank.
  • The acquisition of this high-performing commercial bank will provide Valley a physical footprint and additional commercial lending expertise in the demographically attractive Westchester County (NY) market.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets as of March 31, 2021.
  • The Westchester Bank Holding Corporation is the holding company for The Westchester Bank, a New York state chartered bank offering a full range of commercial loan and deposit products.

Valley National Bancorp to Announce Second Quarter 2021 Earnings

Retrieved on: 
Monday, June 28, 2021
Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Companies

NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its second quarter 2021 earnings before the market opens on Thursday, July 22, 2021.

Key Points: 
  • NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its second quarter 2021 earnings before the market opens on Thursday, July 22, 2021.
  • Valleys President and CEO, Ira Robbins, will host a conference call on Thursday, July 22nd at 11:00 AM (ET) to discuss Valleys second quarter 2021 earnings.
  • The teleconference will also be webcast live: https://edge.media-server.com/mmc/p/dc2uj3x4 and archived on Valleys website through Friday, August 27, 2021.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.

Passaic Valley Water Commission Continues to Knock the Lead Out

Retrieved on: 
Thursday, June 10, 2021
Chemical elements, Chemistry, Railway stations in the United States, Faulkner Act, Passaic station, Passaic, New Jersey, Lead service line, Clifton station, Clifton, New Jersey, Water

CLIFTON, N.J., June 10, 2021 /PRNewswire/ -- Passaic Valley Water Commission (PVWC) is committed to removing lead service lines.

Key Points: 
  • CLIFTON, N.J., June 10, 2021 /PRNewswire/ -- Passaic Valley Water Commission (PVWC) is committed to removing lead service lines.
  • "Passaic Valley Water Commission has always been committed to providing high-quality drinking water to our customers.
  • However, when water has been in contact for several hours or more with service lines containing lead, the lead may dissolve into the drinking water.
  • High lead levels can cause health issues to organs in the body and that is why Passaic Valley Water Commission (PVWC) takes every measure possible to knock the lead out.

Boston Digital's Collaboration with Client Valley Bank Wins Big at Hermes Awards

Retrieved on: 
Friday, May 28, 2021
Corporate finance, Companies, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Cision

BOSTON, May 28, 2021 /PRNewswire-PRWeb/ -- Boston Digital, a full-service digital marketing agency, announced that they have been awarded a platinum Hermes Creative Award for their work with client Valley Bank.

Key Points: 
  • BOSTON, May 28, 2021 /PRNewswire-PRWeb/ -- Boston Digital, a full-service digital marketing agency, announced that they have been awarded a platinum Hermes Creative Award for their work with client Valley Bank.
  • "Anytime our work is recognized on behalf of a client is a good day," said Boston Digital president and CEO, Peter Prodromou.
  • Valley Bank and Boston Digital worked together to develop a new online personality for the brand.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.

Valley National Bancorp Announces Pricing of Subordinated Notes

Retrieved on: 
Tuesday, May 25, 2021
Banks of the United States, Companies, Banks, Primary dealers, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Piper Sandler Companies, Bank of America

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today that it priced $300 million of its 3.00% Fixed-to-Floating Rate Notes due 2031 (the Notes).

Key Points: 
  • NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today that it priced $300 million of its 3.00% Fixed-to-Floating Rate Notes due 2031 (the Notes).
  • Valley intends to use the net proceeds from the offering of the Notes for general corporate purposes and investments in Valley National Bank as regulatory capital.
  • Piper Sandler & Co. and BofA Securities, Inc. are acting as joint book-running managers for the Notes offering.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.

Valley Bank Releases 2020 Corporate Social Responsibility Report

Retrieved on: 
Wednesday, April 7, 2021
Articles, Ethics, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Corporate social responsibility

NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released Catalyst For Change, the Banks 2020 Corporate Social Responsibility (CSR) Report that highlights the Banks commitment to helping build stronger communities and to advance its mission to promote social and economic justice.

Key Points: 
  • NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released Catalyst For Change, the Banks 2020 Corporate Social Responsibility (CSR) Report that highlights the Banks commitment to helping build stronger communities and to advance its mission to promote social and economic justice.
  • Advocating for our communities and providing them the support they need to thrive is not only our responsibility, it defines our purpose as an organization.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.
  • To learn more about Valley, go to www.valley.com or call our Customer Service Center at 800-522-4100.

Valley National Bancorp to Announce First Quarter 2021 Earnings

Retrieved on: 
Friday, April 2, 2021
Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Vly, Companies

NEW YORK, April 02, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its first quarter 2021 earnings before the market opens on Thursday, April 29, 2021.

Key Points: 
  • NEW YORK, April 02, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its first quarter 2021 earnings before the market opens on Thursday, April 29, 2021.
  • Valleys President and CEO, Ira Robbins will host a conference call on Thursday, April 29th at 11:00 AM (ET) to discuss Valleys first quarter 2021 earnings.
  • The teleconference will also be webcast live: https://edge.media-server.com/mmc/p/5gkztcw5 [edge.media-server.com] and archived on Valleys website through Monday, May 31, 2021.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $41 billion in assets.