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

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

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).

Valley National Bancorp reports a 28 percent increase in second quarter net income and $22 million of planned earnings enhancements

WAYNE, NJ – July 26, 2017 -- Valley National Bancorp (NYSE:VLY), the holding company for Valley National Bank, today reported net income for the second quarter of 2017 of $50.1 million, or $0.18 per diluted common share, as compared to the second quarter of 2016 earnings of $39.0 million, or $0.15 per diluted common share, and net income of $46.1 million, or $0.17 per diluted common share, for the first quarter of 2017.

Valley National Bancorp announces commencement of Series B preferred stock offering

Wayne, NJ – July 26, 2017 — Valley National Bancorp (“Valley”) (NYSE: VLY) today announced that it has commenced a public offering of its non-cumulative perpetual preferred stock (the “Preferred Stock”).

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Press Releases

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Release for Media Professionals

For additional information, contact:

Laura Fontanills, APR

Senior Account Executive
B2 Communications
813-215-1271

Matt Spruiell

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