-
Valley National Bancorp in Wayne, N.J., announced its second deal in Florida, a state that has been difficult for other out-of-state banks to enter.
May 27 -
A looming dividend spike tied to the Small Business Lending Fund convinced Hopewell Valley Community Bank in Pennington, N.J., to sell itself.
October 6 -
A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.
August 10
Valley National Bank in Wayne, N.J., has named Bernadette Mueller senior Community Reinvestment Act officer.
Mueller is a 23-year veteran of the $19 billion-asset Valley National and previously was director of marketing. She has also worked in branch oversight and with the company’s residential and commercial mortgage divisions.
She will now oversee and administer the company’s CRA plan, including an annual review and update of the plan's goals. Mueller will also plan and execute community development activities within specific markets and ensure CRA compliance.
Mueller “shares a strong commitment to the bank’s vision of serving the credit and financial needs of its CRA assessment areas, including the needs of low- and moderate-income persons, low- and moderate-income geographies, small businesses and community development organizations,” Chairman and Chief Executive Gerald Lipkin said in a news release.
