Valley National Bank, now known as Valley Bank, has a rich history that traces back to its founding year of 1927, initially established as the Passaic Park Trust Company. The bank underwent several name changes over the decades, notably in the mid-1930s when it was renamed the Bank of Passaic and Trust Company. Following an acquisition in 1956, it took on the name The Bank of Passaic and Clifton, and later on, the acquisition of the Bank of Wayne in 1976 prompted a rebranding to Valley National Bank to better reflect its expanded geographic reach​​.

To Read Core Details Of Valley National Bank In short CLick Here.

The bank's headquarters is situated in Morristown, New Jersey, although previously it was listed at 615 Main Ave, Passaic, NJ, 07055​. As a subsidiary of Valley National Bancorp, the bank operates with a substantial network of 230 branches sprawled across four states, namely New Jersey, New York, Florida, and Alabama, providing a wide range of financial services to its clientele​.

Valley National Bank is recognized as a member of the Federal Deposit Insurance Corporation (FDIC) since January 1, 1934, with an FDIC certificate number of 9396​. It operates under a National Bank Charter Class, indicating its membership in the Federal Reserve System, with the Comptroller of the Currency serving as its primary federal regulator​. The bank falls under the commercial bank category, with a national (federal) charter and Federal Reserve membership, being supervised by the Office of the Comptroller of the Currency​​.

When it comes to facilitating transactions, Valley National Bank utilizes the routing number 021201383. This routing number is essential for processing banking transactions such as wire transfers, automated clearing house transactions, and check ordering​. Here is the list of Valley National Bank Routing Numbers CLick Here.

The bank's policy and governance structure have evolved over the years, with a significant milestone being the formation of Valley National Bancorp in 1983, serving as the holding company of Valley National Bank. The leadership of the bank saw transitions with notable figures like Samuel F. Riskin and Gerald H. Lipkin, before the appointment of Ira Robbins as the CEO on January 1, 2018, marking the beginning of a new era of leadership​.​


Bank Name Valley National Bank
Headquarters 615 Main Avenue, Passaic, New Jersey 07055
Bank Class National Bank - FED Member
CEO Ira Robbins
Bank FDIC Certificate #9396
Swift Code MBNYUS33XXX
Atm's 200+
Location 230 Branches in 6 states
Routing Number Click Here
President Thomas Iadanza
Customer Service 1 (800) 522-4100
Credit Card Support 1 (800) 522-4100
Number of Employees 3,826
ISIN US9197943056
Area Served New Jersey, New York, Pennsylvania, Florida, Alabama, Illinois, California
Key People Ira Robbins (Chairman and CEO), Thomas Iadanza, (President), Michael Hagedorn, (Senior Executive Vice President and CFO)




A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.


MBNY Bank code
US Country code
33 Location code
XXX Branch code
  • Country code A-Z

    2 letters representing the country the bank is in.

  • Location code 0-9 A-Z

    2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch Code 0-9 A-Z

    3 digits specifying a particular branch. 'XXX' represents the bank’s head office.


Below is a list of some important events in banks history, including mergers and acquisitions.

01-01-1927 Institution established. Original name: Passaic Park Trust Company.
02-21-1935 Institution becomes member of the Federal Reserve System.
02-21-1935 Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
02-21-1935 Changed Primary Federal Regulatory Agency to Fed.
01-15-1937 Changed Institution Name to Bank of Passaic and Trust Company.
05-28-1957 Main Office moved to 505 Allwood Road, Clifton, NJ 07012.
10-08-1958 Changed Institution Name to Bank of Passaic and Clifton.
02-11-1969 Main Office moved to 615 Main Avenue, Passaic, NJ 07055.
03-13-1970 Changed Chartering Agency to Occ.
03-13-1970 Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).
03-13-1970 Changed Primary Federal Regulatory Agency to Occ.
03-13-1970 Changed Institution Name to Bank of Passaic and Clifton, National Association.
05-10-1976 Changed Institution Name to Valley National Bank.
06-11-1976 Acquired Bank of Wayne, National Association (20596) in Wayne Township, Nj.
06-17-1977 Acquired Bankers National Bank (6311) in Elmwood Park, NJ.
12-31-1981 Acquired Liberty National Bank (21175) in Hillsdale, NJ.
01-30-1982 Acquired Fair Lawn State Bank (19665) in Fair Lawn, NJ.
06-06-1986 Acquired The First National Bank and Trust Company of Kearny (6361) in Kearny, NJ.
06-07-1991 Acquired North Jersey Federal Savings Association (33289) in Passaic, NJ.