Valley National Bancorp has grown through a series of strategic acquisitions in northern and central New Jersey, including the following:
1976: The Bank of Wayne, after which, the bank was renamed Valley National Bank.
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1981: Liberty National Bank of Hillsdale, New Jersey
1982: Fair Lawn State Bank of Fair Lawn, New Jersey
1984: First National Bank and Trust Co. of Kearny, New Jersey.
1990: Mayflower Savings Bank of Livingston, New Jersey, for $19.7 million.
1991: The bank acquired from the Resolution Trust Corporation the deposits for the following failed banks:
North Jersey Savings of Clifton, New Jersey
First Jersey Savings of Wyckoff, New Jersey
Nutley Savings of Nutley, New Jersey
Yorkwood Savings of Warren, New Jersey.
1992: Powder Mill Bank of Morris Plains, New Jersey
1993: People's Bank of Fairfield, New Jersey, for $10.6 million
1995: Lakeland First Financial Group, Inc. for $119.8 million (not to be confused with Lakeland Bank of Oak Ridge, New Jersey), and American Union Bank of Union Township, New Jersey, for $7 million.
1997: Midland Bancorp of Paramus, New Jersey, for $108.4 million.
1998: Wayne Bancorp of Wayne, New Jersey, for $62.5 million; Ramapo Bank, also of Wayne, for $99.6 million.
2004: Shrewsbury Bancorp of Shrewsbury, New Jersey, for $135.96 million.
2005: NorCrown Bank of Livingston, New Jersey, for $141 million.
2008: Greater Community Bancorp of Totowa, New Jersey, for $135.96 million.
2010: LibertyPointe Bank and The Park Avenue Bank (both FDIC acquired).
2019: Oritani Bank of Township of Washington, New Jersey, for $850.97 million
Valley National Bancorp moved beyond its New Jersey roots with the following acquisitions:
2000: Merchants Bank for $418.2 million in stock.
2012: State Bancorp, Inc. of Long Island (Jericho, New York) for $210.11 million.
2014: 1st United Bancorp of Boca Raton, Florida, for $313.79 million.
2015: CNLBancshares of Orlando, Florida, for $224.31 million.
2018: USAmeriBancorp of Clearwater, Florida, for $769.05 million.
2022: The Westchester Bank of White Plains, New York
2022: Bank Leumi USA, for $1.2 billion.
The company has also expanded beyond traditional bank operation through the following acquisitions:
1994: Rock Financial Corporation for $43.5 million in stock.
1999: Commonwealth All Service Title Agency, Ramapo Financial Corporation for $107.3 million, and New Century Asset Management Co. Following the acquisition of Ramapo Financial, the bank moved its headquarters to Wayne, New Jersey.
2000: Hallmark Capital Management, Inc
2001: Valley Commercial Capital, LLC.
2002: Masters Coverage Corp. and NIA/Lawyers Title Agency, LLC.
2021: Dudley Ventures
