USAmeriBank In The News

In The News

USAmeriBank is active in the lives of our customers and in the communities we serve. This page is provided to give easy access to the bank's latest news and information. In addition to an archive of features that have appeared in general news and industry publications, we are making available press releases that are developed for the media to facilitate reporting.

News Archive

Behind the deal: USAmeriBank has what Valley National Bank wants

Behind the deal: USAmeriBank has what Valley National Bank wants  thumbnail image

Valley National Bancorp will hit a long-term goal of its chairman and CEO when it completes its acquisition of USAmeriBancorp Inc. Valley (NYSE: VLY), a Wayne, New Jersey financial institution that said Wednesday morning it would buy USAmeriBank (OTC: USAB) in Clearwater in a stock deal valued at $816 million, will have nearly one-third of its assets in Florida after the deal closes.

Another new name to enter Birmingham's banking scene after $816M deal

Another new name to enter Birmingham's banking scene after $816M deal  thumbnail image

Yet another new player will be moving into Birmingham's increasingly competitive banking market. New Jersey-based Valley National Bancorp will enter the Alabama market, including Birmingham, with its acquisition of USAmeriBancorp Inc. in a deal valued at an estimated $816 million.

Valley National Bancorp to Acquire USAmeriBancorp, Inc. and substantially enhance its Florida Franchise

Valley National Bancorp to Acquire USAmeriBancorp, Inc. and substantially enhance its Florida Franchise thumbnail image

WAYNE, N.J. – Wednesday, July 26, 2017 – In a merger of two banks with a similar focus on personal service and community involvement, Valley National Bancorp (“Valley”) (NYSE:VLY) announced today that it is expanding its Florida presence and moving into Alabama by acquiring USAmeriBancorp, Inc. (“USAB”) (OTC Pink: USAB).

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Press Releases

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Release for Media Professionals

For additional information, contact:

Laura Fontanills, APR photo

Laura Fontanills, APR

Senior Account Executive
B2 Communications
813-215-1271
Matt Spruiell photo

Matt Spruiell

Senior Vice President, Director of Marketing
USAmeriBank
813-345-5518