Valley Bank donates nearly $1 Million to NJ Based Organizations Providing COVID-19 Relief

Valley Bank has donated approximately $1 million to nearly 100 New Jersey-based organizations supporting relief efforts for COVID-19.

Through its Community Pledge Certificate of Deposit program, the bank has donated $2,183,000 to 264 organizations across its footprint. In New Jersey, approximately $953,000 was distributed to 97 organizations.

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 community organizations that were providing relief in support of the COVID-19 pandemic.