Valley National Bancorp - VLY- Profile

Valley National Bancorp. The Group's principal activity is to provide commercial and retail banking services through 161 branch offices in 12 countries. The services include the acceptance of demand, savings and time deposits; extension of consumer, real estate, small business administration and other commercial credits; equipment leasing; and personal and corporate trust, as well as pension and fiduciary services. The subsidiaries include a mortgage servicing company; a title insurance agency; asset management advisors which are SEC registered investment advisors; an all-line insurance agency offering property and casualty, life and health insurance; a subsidiary which holds, maintains and manages investment assets. The Group operates through four segments: Consumer Lending, Commercial Lending, Investment management and Corporate and Other. On 31-Mar-2005, the Group acquired Shrewsbury Bancorp and on 03-Jun-2005, NorCrown Bank. Provides wide range of commercial and retail banking services through 133 branch offices in Northern New Jersey and Manhattan