Valley Bank has donated approximately $527,000 to eight organizations in Florida, part of nearly $2,183,000 of funds distributed to 264 organizations across their footprint to support COVID-19 relief efforts through their Community Pledge Certificate of Deposit (CD) Program.
In 2020, Valley Bank offered a new, innovative Community Pledge CD designed to give back to organizations in the community that have been affected by the COVID-19 pandemic. The CD offered a market rate and Valley matched the interest with a direct donation to local community organizations that were providing relief in support of the COVID-19 pandemic.
As part of the Florida donations, in the Tampa Bay area, grants were distributed to Feeding Tampa Bay, Tampa Bay Wave and The Community Foundation of Tampa Bay.
“The funds we’ve donated through our Community Pledge CD program will help ensure the organizations that serve our communities can continue to do so,” said Valley Executive Vice President and Chief CRA/CSR Officer Bernadette Mueller. “Valley is honored to support these organizations that have worked tirelessly in the face of challenges to serve our communities.”
As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $42 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations across New Jersey, New York, Florida and Alabama, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Care Center at 800-522-4100.