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Home > Company Index > Banking > Banking - Northeast > Valley National Bancorp

Valley National Bancorp
NYSE: VLY
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 PROFILE
How green is this Valley? Valley National Bancorp is the holding company for Valley National Bank, which provides a full range of commercial and retail banking services through some 125 branch offices in northern New Jersey and Manhattan, where it operates as The Merchants Bank of New York. The bank offers checking and savings accounts, term deposits, and trust services. Mortgages account for almost 60% of the bank's portfolio, about evenly split between residential and commercial properties; consumer loans are about a third. In addition to its banking activities, Valley National has Canadian subsidiaries involved in mortgage and auto loan servicing, as well as finance.

 COMPETITION
Hudson City Bancorp, Inc. (HCBK)
United National Bancorp (UNBJ)
Unity Bancorp, Inc. (UNTY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 511.70
1-Yr. Sales Growth: 7.8%
Employees: 1,858
Revenue per employee: $275,403.66

 KEY PEOPLE
• Gerald H. Lipkin
    CEO
• Alan D. Eskow
    CFO

 CONTACT INFO
1455 Valley Rd.
Wayne, NJ 07474
US
Phone: 973-305-8800
Fax: 973-633-0098
Online: Web Site

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