What Does Valley National Bank Do?

Total employees3778
HeadquartersMorristown
Founded1927

Valley National Bank, the principal subsidiary of Valley National Bancorp (NASDAQ:VLY), is a regional bank with approximately $61 billion in assets as of early 2024. Founded in 1927 and headquartered in Morristown, New Jersey, Valley provides a comprehensive suite of commercial, retail, insurance, and wealth management financial services. The bank serves customers across New Jersey, New York, Florida, Alabama, California, and Illinois, focusing on personalized service, community engagement, and tailored financial solutions for individuals, businesses, and municipalities.

Where Is Valley National Bank's Headquarters?

Valley National Bank officeValley National Bank officeValley National Bank officeValley National Bank office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central command for executive leadership, strategic decision-making, corporate governance, risk management, and administrative operations, supporting the bank's extensive network and diverse service offerings.

Notable Features:

A modern, state-of-the-art facility, custom-built as part of a larger mixed-use redevelopment project. It features collaborative workspaces, advanced technology infrastructure, and amenities designed to enhance employee experience and operational efficiency.

Work Culture:

The Morristown headquarters fosters a collaborative, innovative, and employee-centric work culture. It emphasizes teamwork, professional development, and a commitment to the community, reflecting Valley's core values.

HQ Significance:

The relocation to Morristown signifies Valley's commitment to growth, modernization, and its New Jersey roots. It provides a strategic hub for managing its expanding footprint and enhancing its service capabilities.

Values Reflected in HQ: The headquarters reflects Valley's values of community investment (through participation in a major redevelopment), innovation, sustainability (modern building standards), and a forward-looking approach to banking.

Location:

Valley National Bank primarily operates within the United States, with a strong presence in New Jersey, New York, Florida, Alabama, California, and Illinois. While it does not have international branches, Valley supports the international banking needs of its domestic commercial clients. This includes services like international trade finance, foreign exchange, and letters of credit. The acquisition of Bank Leumi USA in 2022 significantly enhanced its capabilities for customers with international business interests, particularly those connected to Israel and other global markets, through specialized teams and correspondent banking relationships.

Street Address:

1 Speedwell Avenue

City:

Morristown

State/Province:

New Jersey

Country:

USA

Where Else Does Valley National Bank Operate Around the World?

New York City, New York/USA

Address: 562 Fifth Avenue, New York, NY 10036 (Key office, former Bank Leumi USA HQ)

Critical center for serving a diverse commercial client base and high-net-worth individuals in the largest U.S. financial market, leveraging specialized expertise.

Jericho, New York/USA

Address: 400 Jericho Turnpike, Suite 206, Jericho, NY 11753 (Long Island Commercial Banking Hub)

Supports business growth and economic development in the Long Island region by offering tailored financial solutions to local enterprises.

Aventura, Florida/USA

Address: 20295 NE 29th Pl, Aventura, FL 33180 (Key Florida office, former Bank Leumi USA FL HQ)

Drives Valley's expansion in the Florida market, focusing on commercial real estate, business lending, and wealth management for a growing client base.

Chicago, Illinois/USA

Address: 111 W. Washington Street, Suite 1250, Chicago, IL 60602 (Midwest Commercial Banking Office)

Provides a strategic presence in a major U.S. commercial center, serving businesses in Illinois and the surrounding Midwest region.

Buying Intent Signals for Valley National Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Valley National Bank? Meet the Executive Team

As of April 2025, Valley National Bank' leadership includes:

Ira Robbins - Chairman, President & Chief Executive Officer
Michael D. Hagedorn - Senior Executive Vice President & Chief Financial Officer
Thomas Iadanza - Senior Executive Vice President & Chief Banking Officer
Raja Dakkuri - Senior Executive Vice President & Chief Risk Officer
Robert J. Bardusch - Senior Executive Vice President & Chief Operating Officer
Beatriz (Betty) F. Hernandez - Senior Executive Vice President & Chief Credit Officer
Michael Achary - Senior Executive Vice President & Chief Technology Officer

Who's Investing in Valley National Bank?

Valley National Bank has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Dimensional Fund Advisors LP
Fidelity Management & Research Company LLC

What Leadership Changes Has Valley National Bank Seen Recently?

Hire1
Exits0

Valley National Bank has actively enhanced its leadership team over the past year, notably with the appointment of a new Chief Technology Officer to drive its digital transformation and technology strategy. These changes reflect the bank's commitment to innovation and strengthening its operational capabilities.

New Appointments:

Michael Achary, Michael Achary joined Valley National Bank as Senior Executive Vice President and Chief Technology Officer. He brings extensive experience in financial technology and will oversee the bank's technological advancements.

What Technology (Tech Stack) Is Used byValley National Bank?

Discover the tools Valley National Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Valley National Bank Email Formats and Examples

Valley National Bank typically uses a standard email format for its employees, generally combining the first initial and last name of the employee, followed by the '@valley.com' domain. Variations might exist for common names or specific departments.

[first_initial][last]@valley.com

Format

jdoe@valley.com

Example

85%

Success rate

What's the Latest News About Valley National Bank?

PR NewswireMay 1, 2024

Valley National Bank Names Michael Achary Chief Technology Officer

Valley National Bank announced the appointment of Michael Achary as its new Chief Technology Officer (CTO). Achary will be responsible for leading the bank's technology strategy, operations, and digital transformation initiatives....more

Valley National Bancorp Investor Relations / GlobeNewswireApril 25, 2024

Valley National Bancorp Reports First Quarter 2024 Results

Valley National Bancorp reported its financial results for the first quarter of 2024, detailing net income, loan portfolio performance, deposit growth, and net interest margin. The report highlighted stable credit quality and ongoing strategic initiatives....more

PR NewswireFebruary 20, 2024

Valley Bank Provides $45 Million in Financing for Affordable Housing Project in Newark, NJ

Valley Bank announced it has provided $45 million in financing for the development of an affordable housing project in Newark, New Jersey, demonstrating its ongoing commitment to community development and supporting affordable housing initiatives in its service areas....more

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