Valley National Bank is an FDIC insured institution headquartered at
615 Main Ave, Passaic, NJ 07055.
It was founded in
1927 and has approximately $63 billion in assets. Customers can open an account at one of its 277 branches.
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
SAV
|
0.01% | $100 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
3 Mo CD
|
4.00% | $500 | Compare |
|
6 Mo CD
|
3.60% | $500 | Compare |
|
12 Mo CD
|
3.50% | $500 | Compare |
|
18 Mo CD
|
3.35% | $500 | Compare |
|
24 Mo CD
|
3.25% | $500 | Compare |
|
36 Mo CD
|
3.10% | $500 | Compare |
|
48 Mo CD
|
3.05% | $500 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
0.30% | $10,000 | Compare |
| PREMM RATES | APY | MIN | |
|---|---|---|---|
|
Premium Money Market
|
1.50% | $10,000 | Compare |
| INT CHECKING RATES | APY | MIN |
|---|---|---|
|
INTCK
|
0.01% | $100 |
|
Intro APR: 6.240 %
After Intro:6.240 % |
$0 |
Reliant Home Funding, Inc NMLS ID: 292473 / Updated 2025-09-22 |
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
Figure Home Equity NMLS ID: 1717824 / Updated 2025-09-22 |
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
Four Leaf Federal Credit Union NMLS ID: 449104 / Updated 2025-12-22 |
Intro APR: 5.990 %
After Intro:7.000 % Intro Period: 12 months |
$25,000 |
|
Intro APR: 8.500 %
After Intro:8.500 % |
$25,000 |
Rocket Mortgage NMLS ID: 3030 |
Fees & Points
Total
Pts ($0) $0 Fees |
Quicken Loans NMLS ID: 167283 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 9396 |
| Date Established | 1927 |
| Assets | $ 62.65 billion |
| Loans | $ 48.84 billion |
| Deposits | $ 50.79 billion |
| Capital | $ 8.03 billion |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 1,172.52 million |
| Interest-bearing balances | $ 745.55 million |
| Total securities | $ 7.46 billion |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 48.84 billion |
| Loan loss allowance | $ 579.50 million |
| Trading account assets | $ 28.62 million |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 4.78 million |
| Goodwill and other intangibles | $ 1,975.71 million |
| All other assets | $ 1,677.52 million |
| Total Assets | $ 54.62 billion |
| LIABILITIES | |
| Total deposits | $ 50.79 billion |
| Interest-bearing deposits | $ 38.98 billion |
| Deposits held in domestic offices | $ 50.79 billion |
| % insured (estimated)" | 62.83% |
| Federal funds purchased and repurchase agreements | $ 62.24 million |
| Trading liabilities | $ 28.45 million |
| Other borrowed funds | $ 2.17 billion |
| Subordinated debt | N.A. |
| All other liabilities | $ 956.66 millionn |
| Total Liabilities | $ 54.62 billion |
| Shareholders’ Equity | $ 8.03 billion |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 1,589.76 million |
| Total Interest Expense | $ 714.74 million |
| Net interest income | $ 875.02 million |
| Provision for loan and lease losses | $ 100.45 million |
| Total non interest income | $ 110.55 million |
| Total non interest expense | $ 550.86 million |
| Pre-tax Net Operating Income | $ 317.68 million |
Click on location and enter new zip number to change."
Your current location is: New York City, NY
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."
Tax Rate: 30%
All calculations are for demonstration purposes only."
| Year | Rate 0.01% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 5 | 4 |
| 2 | 50,005 | 5 | 4 |
| 3 | 50,010 | 5 | 4 |
| 4 | 50,015 | 5 | 4 |
| 5 | 50,020 | 5 | 4 |
| 6 | 50,025 | 5 | 4 |
| 7 | 50,030 | 5 | 4 |
| 8 | 50,035 | 5 | 4 |
| 9 | 50,040 | 5 | 4 |
| 10 | 50,045 | 5 | 4 |
| 11 | 50,050 | 5 | 4 |
| 12 | 50,055 | 5 | 4 |
| 13 | 50,060 | 5 | 4 |
| 14 | 50,065 | 5 | 4 |
| 15 | 50,070 | 5 | 4 |
| 16 | 50,075 | 5 | 4 |
| 17 | 50,080 | 5 | 4 |
| 18 | 50,085 | 5 | 4 |
| 19 | 50,090 | 5 | 4 |
| 20 | 50,095 | 5 | 4 |
| TOTAL | $100 | $70 |
| Year | Rate 3.75% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 1,875 | 1,313 |
| 2 | 51,875 | 1,945 | 1,362 |
| 3 | 53,820 | 2,018 | 1,413 |
| 4 | 55,839 | 2,094 | 1,466 |
| 5 | 57,933 | 2,172 | 1,521 |
| 6 | 60,105 | 2,254 | 1,578 |
| 7 | 62,359 | 2,338 | 1,637 |
| 8 | 64,697 | 2,426 | 1,698 |
| 9 | 67,124 | 2,517 | 1,762 |
| 10 | 69,641 | 2,612 | 1,828 |
| 11 | 72,252 | 2,709 | 1,897 |
| 12 | 74,962 | 2,811 | 1,968 |
| 13 | 77,773 | 2,916 | 2,042 |
| 14 | 80,689 | 3,026 | 2,118 |
| 15 | 83,715 | 3,139 | 2,198 |
| 16 | 86,854 | 3,257 | 2,280 |
| 17 | 90,111 | 3,379 | 2,365 |
| 18 | 93,491 | 3,506 | 2,454 |
| 19 | 96,996 | 3,637 | 2,546 |
| 20 | 100,634 | 3,774 | 2,642 |
| TOTAL | $54,408 | $38,085 |
joe smith
February 7, 2023 |
I was a customer for years but they would not give me the 3.68% money market unless I was a new customer.... so I am no longer a customer
5Bme
December 12, 2022 |
One of the better banks on this list. It is a local bank (in NJ and PA).
That doesn't always gets you more personalized service on the online side, but in this case it does. I called once or twice and felt like I was dealing with someone responsive to my issue. I also appreciated the call just to make sure it was me when I made a withdrawal.
Yotoman
September 17, 2022 |
online transfer limits are a real problem so i closed account and won't go back.
Trace
May 3, 2022 |
Valley is a real two-bit operations. I opened an account here and I'll manage as long as the rate stays competitive because it is easier than trying to close it right now. You cannot easily transfer money in or out from an external bank. It all needs to be done with the external account.
turlow1978
October 16, 2021 |
I live in PA and have some familiarity with Valley National Bank. I am not sure that I would have opened the account otherwise, but I have had no problems.