{"id":760445,"date":"2023-05-25T08:03:34","date_gmt":"2023-05-25T12:03:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\/"},"modified":"2023-05-25T08:03:34","modified_gmt":"2023-05-25T12:03:34","slug":"valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\/","title":{"rendered":"Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022<\/b><\/p>\n<p class=\"bwalignc\"><i>New Corporate Social Responsibility Report Released<\/i><\/p>\n<p>WAYNE, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nValley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released \u201cInspiring Change\u201d \u2013 the Bank\u2019s 2022 Corporate Social Responsibility (CSR) Report that highlights its commitment to drive social, economic, and environmental success within the communities it serves. In 2022, Valley invested more than $3.4 Billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois. To view the full report, click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvalley.com%2F2022-csr&amp;esheet=53406523&amp;newsitemid=20230525005136&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=bfb2f8351079be8199fb9dcfbc92f9df\">here<\/a> or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvalley.com%2F2022-csr&amp;esheet=53406523&amp;newsitemid=20230525005136&amp;lan=en-US&amp;anchor=https%3A%2F%2Fvalley.com%2F2022-csr&amp;index=2&amp;md5=efd7aeacbb3e42604e93f273fbc1e3e4\">https:\/\/valley.com\/2022-csr<\/a>.<\/p>\n<p>\nReport highlights include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\n$1.49 billion in community development loans to advance affordable housing and community services to LMI (low-to-moderate income) individuals, economic and community development, and revitalization and stabilization<\/p>\n<\/li>\n<li>\n$1.1 billion in multi-family and residential mortgage loans to support affordable housing in LMI areas<\/p>\n<\/li>\n<li>\n$455 million in loans were made to support small business lending in underserved neighborhoods<\/p>\n<\/li>\n<li>\n$5.3+ million in total charitable giving last year to support non-profit organizations<\/p>\n<\/li>\n<\/ul>\n<p>\nValley is dedicated to serving, supporting, and strengthening its communities through economic inclusion, workforce and community development, investment in local nonprofits, environmental stewardship, and a conscious commitment to its local partners. The report focuses on Valley\u2019s four pillars of CSR: promoting affordable housing; inspiring innovation and entrepreneurship; stimulating economic and community development; and driving impactful, local leadership within the communities we serve.<\/p>\n<p>\n\u201cValley has an unwavering dedication to foster positive change in our communities,\u201d said Bernadette Mueller, Executive Vice President and Chief CSR-CRA Officer. \u201cOur mission is to give people and businesses the power to succeed and we are proud to achieve this through corporate giving, community service, and customized solutions for our communities.\u201d<\/p>\n<p>\nThe Bank\u2019s commitment to DEI is showcased through its efforts to create an inclusive work environment that enhances its ability to innovate its practices and products, gain new insights, and apply this growth to its community work. Through the acquisition of Bank Leumi USA last year, Valley expanded its CSR efforts to Los Angeles, Palo Alto and Chicago.<\/p>\n<p>\nAdditionally, in 2022, Valley received an Outstanding rating from the Office of the Comptroller of the Currency (OCC) for our Community Reinvestment Act (CRA) performance during 2019 \u2013 2021 \u2013 it\u2019s second consecutive Outstanding rating.<\/p>\n<p><b>About Valley<br \/>\n<br \/><\/b>As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $64 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations across New Jersey, New York, Florida and Alabama, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley\u2019s corporate citizenship philosophy. To learn more about Valley, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.valley.com&amp;esheet=53406523&amp;newsitemid=20230525005136&amp;lan=en-US&amp;anchor=www.valley.com&amp;index=3&amp;md5=60ebea2a9937820484d1f855bba1e548\">www.valley.com<\/a> or call our Customer Service Center at 800-522-4100.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230525005136r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230525005136\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230525005136\/en\/<\/a><\/span><\/p>\n<p>\nPam Golden, GLA Communications, <a rel=\"nofollow\" href=\"mailto:pam@glapr.com\">pam@glapr.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New Jersey<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Environmental, Social and Governance (ESG) Banking Professional Services DEI (Diversity, Equity and Inclusion)<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230525005136\/en\/1802526\/3\/Valley-Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022 New Corporate Social Responsibility Report Released WAYNE, N.J.&#8211;(BUSINESS WIRE)&#8211; Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released \u201cInspiring Change\u201d \u2013 the Bank\u2019s 2022 Corporate Social Responsibility (CSR) Report that highlights its commitment to drive social, economic, and environmental success within the communities it serves. In 2022, Valley invested more than $3.4 Billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois. To view the full report, click here or visit https:\/\/valley.com\/2022-csr. Report highlights include: $1.49 billion in community development loans to advance affordable housing and community services to LMI (low-to-moderate income) individuals, economic and community development, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760445","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022 New Corporate Social Responsibility Report Released WAYNE, N.J.&#8211;(BUSINESS WIRE)&#8211; Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released \u201cInspiring Change\u201d \u2013 the Bank\u2019s 2022 Corporate Social Responsibility (CSR) Report that highlights its commitment to drive social, economic, and environmental success within the communities it serves. In 2022, Valley invested more than $3.4 Billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois. To view the full report, click here or visit https:\/\/valley.com\/2022-csr. Report highlights include: $1.49 billion in community development loans to advance affordable housing and community services to LMI (low-to-moderate income) individuals, economic and community development, &hellip; Continue reading &quot;Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-25T12:03:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230525005136r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022\",\"datePublished\":\"2023-05-25T12:03:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/\"},\"wordCount\":528,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230525005136r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valley-bank-invested-more-than-3-4-billion-to-support-its-communities-in-2022\\\/\",\"name\":\"Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022 - 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In 2022, Valley invested more than $3.4 Billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois. To view the full report, click here or visit https:\/\/valley.com\/2022-csr. 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