History
Valley National Bank was founded in 1927 as the Passaic Park Trust Company. The Bank changed its name in the mid 1930's to the Bank of Passaic and Trust Company. In 1956 the Bank acquired the Bank of Allwood located in Clifton, NJ. At the same time, the name was changed to The Bank of Passaic and Clifton. The acquisition of the Bank of Wayne in 1976 created a need for a new identity, and the name Valley National Bank was chosen.
From its founding in 1927 until 1999 Valley National Bank was based in Passaic, New Jersey. That year, following the acquisition of Wayne-based Ramapo Bank, Valley National moved its headquarters to Wayne, New Jersey.
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