Valley Bank Releases 2020 Corporate Social Responsibility Report
April 07 2021 - 9:00AM
Valley National Bancorp (NASDAQ: VLY), the holding
company for Valley National Bank, released Catalyst For Change, the
Bank’s 2020 Corporate Social Responsibility (CSR) Report that
highlights the Bank’s commitment to helping build stronger
communities and to advance its mission to promote social and
economic justice. To view the full report, click here or visit
www.valley.com/CSR2020.
Here are a few highlights of our community support in 2020:
- $3.6 Million in total charitable giving
- $575,000 allocated across 14
food banks and food pantries throughout their geographic
footprint
- $2.5+ Million invested in COVID-19 related
funds that support LMI organizations and businesses
- ~13,000 businesses assisted with Paycheck
Protection Program loans totaling $2.3 Billion in
funding
- Development of the Community Pledge CD
resulting in over $2 Million in support to
264 organizations throughout NY/NJ/FL/AL
- 2,136 loans to small business in low- to
moderate-income areas
- Conducted Journey to Homeownership webinar
program to educate customers
- Expanded Valley’s Women in Business
program
- Hired a Chief Diversity Officer and launched
the Valley Associate Resource Group (ARG) program
to foster an inclusive culture
“For Valley, 2020 was a defining moment in our history as we
lived up to our purpose and demonstrated the positive impact a bank
can have on local communities,” said Bernadette Mueller, Executive
Vice President and Chief CSR-CRA Officer. “Advocating for our
communities and providing them the support they need to thrive is
not only our responsibility, it defines our purpose as an
organization. The events of the past year; a global pandemic,
economic turmoil, political division and social and racial
injustice -- all challenged us to come together as a society and
organization to confront these issues.”
As local communities begin to recover from the effects of a
global pandemic, Valley continues to expand its programs, community
engagement opportunities and partnerships in 2021. Valley remains
committed to its four CSR pillars which include promoting
affordable homes, inspiring innovation and
entrepreneurship, stimulating economic and
community development and living its commitment to
impactful local leadership.
About ValleyAs the principal subsidiary of
Valley National Bancorp, Valley National Bank is a regional bank
with approximately $41 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’s corporate
citizenship philosophy. To learn more about Valley, go to
www.valley.com or call our Customer Service Center at
800-522-4100.
Contact: |
Marc PiroSenior Vice President
973-686-5461mpiro@valley.com |
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