Valley Bank Invests $2.5B to Support Communities in 2024

On May 28, 2025

Valley National Bancorp, the holding company for Valley National Bank, released its “Making our Mark, Together” 2024 Sustainability Report, which combines the bank’s annual Corporate Social Responsibility Report (CSR) and its biennial Environmental, Social, and Governance (ESG) Report. Last year, Valley invested more than $2.5 billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois.

Report highlights include:

• $782 million in community development loans to advance affordable housing and community services to low-to-moderate income (LMI) individuals, economic and community development, and revitalization and stabilization.
• $734 million in community development investments supporting LMI neighborhoods individuals and businesses.
• $478 million in multi-family and residential mortgage loans to support affordable housing in LMI areas and for LMI individuals.
• $306 million in loans to support small businesses and/or in underserved neighborhoods.
• $5.6+ million in total charitable giving last year to support non-profit organizations.
• More than 16,300 volunteer hours to support community partners and programs in the regions Valley serves.

“As relationship bankers at Valley, collaboration with our community partners and other stakeholders creates positive impact and allows us to be responsive to the needs of the communities we collectively serve,” said Bernadette Mueller, executive vice president and chief Corporate social responsibility-CRA officer.

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