Banking subsidiary of holding company Valley National Bancorp established 1983 traded on NY Stock Exchange> $23 billion in assets, over 3,000 employees at more than 200 branch locations in NJ, NY City, Long Island and FL, acquired banks in Orlando and Boca Raton, FL, in 2014 and 2015> Founded 1927 as Passaic Park Trust Company, changed name in mid-1930's to Bank of Passaic and Trust Company. In 1956 acquired Bank of Allwood located in Clifton and at same time name changed to The Bank of Passaic and Clifton and following 1976 acquisition of Bank of Wayne adopted present name Valley National Bank> CEO Gerald Lipkin joined Bank 1975 after serving as Deputy Regional Administrator of US Comptroller of Currency, named CEO 1989, 1963 graduate of Rutgers with BA in Economics.
