What was the former name of Valley Bank?
Valley National Bank, the principal operating subsidiary of Valley National Bancorp, traces its institutional roots back to its founding in northern New Jersey in 1927 under the original corporate name Passaic Park Trust Company. The institution subsequently altered its title in the mid-1930s to the Bank of Passaic and Trust Company before adopting the Valley National Bank designation as it expanded its branch network across the region. Over subsequent decades of steady growth, structural holding company formations, and major multi-state acquisitions, the bank streamlined its everyday market presence to Valley Bank while maintaining its long-standing corporate charters.
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Valley Bank stands out as a robust regional financial institution with substantial asset size, consistent earnings performance, and a comprehensive suite of commercial and retail banking services.
Nevada residents have access to a robust mix of massive national banking institutions and strong regional lenders operating across Las Vegas, Reno, and surrounding areas.
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Valley Bank operates as a substantial regional financial institution rather than a small community bank, managing tens of billions of dollars in total consolidated assets.