Valley National Bank Review 2022
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Valley National Bank is a good option for residents of Alabama, Florida, New Jersey and New York who need basic personal or business banking products and want digital banking, in addition to access to branches.
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Valley National Bank is a regional bank that offers consumer deposit products, mortgages and auto loans, financial planning, asset management and a variety of business products.
Valley National Bank offers a combination of branch and digital banking.
Its product lineup serves consumer and business customers alike.
Valley has branches in only four states: Alabama, Florida, New Jersey and New York.
It's not a strong choice for savers looking for top yields.
Valley National Bank bank products
Valley National Bank savings overview
The overdraft/nonsufficient funds fee is $36. Overdraft protection is $5 per transfer. The account is available only in Alabama, Connecticut, Delaware, the District of Columbia, Florida, Maryland, New Jersey, New York, Pennsylvania, Virginia and West Virginia.
The All Access Savings account requires only $100 to open.
All Access Savings comes with an ATM card, online and mobile banking and electronic statements.
You can find banks offering much higher APYs on savings.
There is a $5 monthly fee unless you meet minimum balance requirements.
The account is available in a limited number of states.
Valley National Bank’s mobile app scores high among iOS and Android device users. The bank also offers telephone banking and allows person-to-person payments with Zelle. The Valley Visa debit card works with Apple Pay, Google Pay and Samsung Pay.
Customer service is available by phone, by sending an email through the bank's website and at a branch. It may be necessary to make an appointment to go inside a branch, so check before you go.
About Valley National Bank
Valley National Bank is a federally insured regional bank with 226 locations in Alabama, Florida, New Jersey and New York. Its headquarters is in Passaic, New Jersey. The bank's holding company, Valley National Bancorp, has about $41 billion in assets.
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