Valley Bank
Valley Bank is the commercial banking subsidiary of Valley National Bancorp (NASDAQ: VLY), providing relationship-focused lending, treasury management, and deposit services to SMBs and middle-market firms across six of the top ten US metropolitan areas.
- Company typePublic
- Founded1927
- HeadquartersWayne, United States
- Headcount1,001–5,000
- GTM type—
- OfferingServices
What Valley Bank does
Valley Bank is the commercial banking subsidiary of Valley National Bancorp (NASDAQ: VLY), a regional financial institution founded in 1927 and headquartered in New Jersey. The bank provides relationship-focused commercial banking services — including lending, treasury management, deposit accounts, and credit facilities — to small and medium-sized businesses and middle-market commercial and industrial firms across six of the top ten US Metropolitan Statistical Areas (Northeast, Southeast, South Florida, Long Island, Birmingham, and Phoenix). It serves an addressable market representing over $2.3 trillion in deposits, more than 60 million individuals, and over 135,000 SMBs.
Valley Bank operates a multi-channel distribution model. Its consumer-facing offering centers on Valley Bank Direct, a high-yield savings product distributed through the Raisin financial platform with rates up to 4% APY, no monthly fees, and low minimum opening deposits. Commercial clients are served through branch networks and local commercial banking teams, supplemented by Dudley Ventures (a tax credit advisory affiliate acquired in 2021) that supports community development financing. Core banking infrastructure was modernized through Galileo Financial Technologies, completing the transition in 16 months.
Revenue is generated primarily through commercial lending (transaction-fee model on credit facilities such as the $125M Solar Landscape facility), commercial banking services (recurring relationship-based revenue from treasury management and deposits), and retail deposit products that fund lending activities. The bank employs 1,001-5,000 staff and is actively expanding into high-growth metropolitan markets, most recently entering Phoenix, Arizona in April 2026.
Valley Bank firmographics
Firmographics- Name
- Valley Bank
- Legal name
- Valley Bank
- Website
- https://valley.com
- Company type
- Public
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Valley Bank is the commercial banking subsidiary of Valley National Bancorp (NASDAQ: VLY), providing relationship-focused lending, treasury management, and deposit services to SMBs and middle-market firms across six of the top ten US metropolitan areas.
- Ownership category
- akta.pro rank
Valley Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
- akta.pro secondary industry
- Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)
Keywords
Where Valley Bank is headquartered
LocationHeadquarters
- HQ city
- Wayne
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Valley Bank business model
Business model- Offering type
- Services
Revenue model
- Commercial Banking Services: Relationship-focused commercial banking providing lending, treasury management, and other banking services to businesses in target markets including middle-market firms and small-to-medium-sized businesses.
- Retail Banking and Deposit Products: High-yield savings accounts offered through Valley Bank Direct platform and branches, generating interest expense while deploying deposits into lending activities.
- Commercial Lending: Providing credit facilities to businesses including participation in syndicated loans (e.g., $125M facility for Solar Landscape), commercial real estate financing, and secured lending.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | High-Yield Savings Account via Raisin |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Valley Bank product offering
Product offeringCore offering
Valley Bank is a regional commercial bank providing relationship-focused lending, treasury management, and deposit services to small, medium, and middle-market businesses across six of the top ten US Metropolitan Statistical Areas. For consumers, it offers high-yield savings accounts through Valley Bank Direct and partnerships with financial platforms such as Raisin, with rates up to 4% APY and no monthly fees. The bank also operates Dudley Ventures, a tax credit advisory affiliate acquired in 2021, supporting community development financing.
Product overview
Valley Bank operates as a regional commercial bank offering a portfolio of deposit and lending products. Its consumer-facing offering includes Valley Bank Direct, a high-yield savings account distributed through financial platforms with rates up to 4% APY. For business clients, it provides a Visa Secured Business Credit Card and relationship-focused commercial banking services. Dudley Ventures, a tax credit advisory affiliate acquired in 2021, rounds out its portfolio supporting community development initiatives.
Differentiator
Problem solved
Functional benefit
Products and services
- Valley Bank Direct
- Valley Bank Visa Secured Business Credit Card
- Commercial Banking Services
- Dudley Ventures (Tax Credit Advisory)
Quantifiable outcome
- Valley Bank achieved 92% positive cash flow rating from surveyed middle-market firms
- +2 more outcomes
Companies that use Valley Bank
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Valley Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Valley Bank partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Dudley VenturescoreTax credit advisory affiliate acquired in 2021, built on existing presence. Supports development projects and tax credit financing in new markets like Arizona expansion.
- Community Partners of South FloridaminorCommunity partnership for annual Holiday Toy Drive, collecting gifts for children in Palm Beach County through December 2025.
- Galileo Financial TechnologiescoreBanking API platform that enabled Valley Bank's core banking modernization completed in 16 months. Galileo provides APIs allowing fintech companies to launch banking products quickly.
- RaisincoreFinancial platform partnership through which Valley Bank offers high-yield savings accounts. Raisin partners with FDIC-insured banks to provide savings products.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Valley Bank competitors and assessment
Company assessmentDirect peers
- New York Community Bancorp: Regional commercial bank headquartered in NY/NJ area with a strong middle-market and CRE lending franchise; directly comparable to Valley's Northeast-anchored relationship banking model and similar MSA overlap.
- Flagstar Bank: Mid-size regional commercial bank with multi-MSA presence and a mix of retail deposits and commercial lending; closely matches Valley's deposit-funded commercial banking model.
- Provident Bank (NJ): New Jersey-headquartered commercial and consumer bank serving similar SMB and middle-market clients in the same Northeast corridor as Valley.
- ConnectOne Bank: New Jersey-based commercial bank with relationship-led lending to middle-market businesses and affluent consumers; competes directly in Valley's core NJ market.
- Customers Bank: Commercial-focused regional bank offering C&I lending, treasury management, and digital deposit products (notably high-yield savings via its mobile-first Customers Bank brand); closely comparable business mix to Valley Bank Direct + commercial banking.
Emerging players
- Live Oak Bank: Digital-first commercial bank specializing in SBA and niche industry lending with strong fintech partnerships; comparable as a digitally-enabled commercial bank pursuing specialty lending verticals.
- First Internet Bank: Online-only bank offering high-yield deposit products distributed via digital channels; comparable to Valley Bank Direct's digital deposit-gathering strategy.
Broad incumbents
- JPMorgan Chase Commercial Banking: Largest US commercial bank with deep middle-market and SMB coverage across all top MSAs; represents the dominant incumbent against whom Valley competes for middle-market lending relationships.
- Bank of America Business Banking: National incumbent offering SMB and middle-market banking across Valley's footprint; sets the competitive benchmark for scale, digital tooling, and treasury management in shared MSAs.
- Western Alliance Bank: Growth-oriented regional bank holding company expanding into high-growth Sun Belt MSAs (notably Phoenix) through specialized commercial banking subsidiaries; comparable to Valley's expansion strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Valley Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Valley Bank leadership team
Management profileNumber of profiles
Profiles7 records
Valley Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Valley Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Valley Bank M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Valley Bank
What does Valley Bank do?
Valley Bank is a regional commercial bank providing relationship-focused lending, treasury management, and deposit services to small, medium, and middle-market businesses across six of the top ten US Metropolitan Statistical Areas. For consumers, it offers high-yield savings accounts through Valley Bank Direct and partnerships with financial platforms such as Raisin, with rates up to 4% APY and no monthly fees. The bank also operates Dudley Ventures, a tax credit advisory affiliate acquired in 2021, supporting community development financing.
Is Valley Bank a public or private company?
Valley Bank is a public company. It is classified as public and is currently operating.
When was Valley Bank founded?
Valley Bank was founded in 1927. It employs 1,001 to 5,000 people.
Where is Valley Bank based?
Valley Bank is headquartered in Wayne, United States, in the North America region.
How does Valley Bank make money?
Three revenue lines are on record. Commercial Banking Services are the primary driver. The others are retail Banking and Deposit Products and commercial Lending.
Who are Valley Bank's main competitors?
Direct peers on record are New York Community Bancorp, Flagstar Bank, Provident Bank (NJ), ConnectOne Bank and Customers Bank. Emerging players are Live Oak Bank and First Internet Bank. Broad incumbents are JPMorgan Chase Commercial Banking, Bank of America Business Banking and Western Alliance Bank.
Does Valley Bank have an API?
No public API is recorded for Valley Bank.
What industry is Valley Bank in?
Valley Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABAEAF, Cooperative Banks (Member-Owned Commercial/Retail). Its NAICS code is 52211 and its SIC code is 6021.