Wayne, New Jersey

Valley Bank Brings Relationship Banking to Greater Philadelphia Region

Retrieved on: 
Thursday, July 29, 2021

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

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 .

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

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

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.

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

Retrieved on: 
Friday, May 28, 2021

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

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

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

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.

WHP Global Acquires Controlling Stake in Toys"R"Us

Retrieved on: 
Monday, March 15, 2021

Going forward, WHP will manage the global TRU business and direct its strategic expansion.

Key Points: 
  • Going forward, WHP will manage the global TRU business and direct its strategic expansion.
  • Yehuda Shmidman, Chairman and CEO at WHP commented, "Our investment in Toys"R"Us reflects our belief and passion for the brand.
  • This is a natural fit for WHP, as we can leverage our global network and digital platform to help grow Toys"R"Us and Babies"R"Us around the world."
  • WHP Global is a New York-based firm that acquires global consumer brands and invests in high-growth distribution channels including digital commerce platforms and global expansion.

Ozop Energy Solutions Awarded Navy Contract

WARWICK, NY., March 08, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions .

Key Points: 
  • WARWICK, NY., March 08, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions .
  • We are delighted to work on another project for the Navy.
  • PCTI designs, develops, engineers and manufactures standard and custom power electronic solutions for industrial, military and sustainable energy sectors.
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