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In May 2015, the bank acquired Central Bancshares of Golden Valley, Minnesota for $134 million in cash and stock. [6] In 2017, the bank opened its first branch in Denver, Colorado. [7] In June 2018, Barry S. Ray was hired as the Chief Financial Officer. In November 2022, Charles N. Reeves was hired as the Chief Executive Officer.
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Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Morristown, New Jersey, with approximately $64 billion in assets. Its principal subsidiary, Valley National Bank (also doing business as Valley Bank), currently operates over 230 branch locations and commercial banking offices across New ...
The bank was established on July 3, 1935. [1] [3] In 1988, the bank acquired Fireside Credit after it filed for bankruptcy protection. [4] In 1989, the bank acquired Key City Bank. [5] In 1991, the bank acquired Farley State Bank. [6] In 2004, Douglas J. Horstmann was named president and chief executive officer of the bank. Horstmann retired in ...
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Iowa-Des Moines National Bank remained here until 1974 when they moved to the Financial Center. The building was bought by Valley National Bank in 1977 and restoration and renovation of the building was completed in 1979. It was listed on the National Register of Historic Places in 1979, [1] and was later acquired by U.S. Bancorp.
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