Valley National Bancorp

  www.valleynationalbank.com
  www.valleynationalbank.com
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Valley National Bancorp Reviews

Updated June 24, 2014
Updated June 24, 2014
48 Reviews
2.8
48 Reviews
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Valley National Bancorp Chairman, President, and CEO, Valley National Bancorp and Valley National Bank Gerald H. Lipkin
Gerald H. Lipkin
24 Ratings

Employee Reviews

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  1.  

    A Mixed Bag

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Bank Teller  in  Newark, NJ
    Former Employee - Bank Teller in Newark, NJ

    I worked at Valley National Bancorp full-time for more than a year

    Pros

    They offer good starting pay, especially for either a current college student or a fresh out of college grad. The working environment is generally friendly and the higher ups provide nice encouragement. There is room for advancement but one must seek it out.

    Cons

    Not very flexible when it comes to hours, rather rigid. Because it is a bank they keep track of literally everything you do, even minor differences like a quarter over or under. Because it is a smaller bank compared to others, they heavily try to get staff to push bank products, despite most customers already having accounts, they tell you to continually ask if they want more accounts.

    Advice to ManagementAdvice

    Find other ways to suplement income lost to other banks and grow elsewhere. By asking employess to continually pitch products it turns customers away. Other banks generally don't ask often, and people get to go about their business without having to say no to the teller multiple times.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Valley National Bancorp for more than 3 years

    Pros

    The hours were nice, no weekends, no late nights. I learned alot more about loan processing. Early dismissal on days before most holidays. The work wasn't that hard. I got along well with my department and direct management.

    Cons

    Job security, my entire department was let go all at the same time. Trying to schedule time off was a big project. Alot of the jobs seem to be in New Jersey.

  3.  

    sales associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate
    Current Employee - Sales Associate

    I have been working at Valley National Bancorp part-time for more than 5 years

    Pros

    great customers, friendly environment.

    Cons

    old technology, not enough marketing, old school.

    Advice to ManagementAdvice

    update marketing plan to interest new customers!!! in order to grow you gotta invest in the business.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    A good place to work when starting out of high school, but not as a career choice!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Head Teller  in  Passaic, NJ
    Former Employee - Head Teller in Passaic, NJ

    I worked at Valley National Bancorp full-time for more than 10 years

    Pros

    You meet different people and they become family.

    Cons

    You only get recognized for things that are bad, they never recognize anything good. They never ask questions, they just assume you are wrong and you made the mistake. They never give you the benefit of the doubt.

    Advice to ManagementAdvice

    Management needs to stop putting all the blame on everyone else and start to give the employees recognition for doing good things. This will increase performance and not make employees feel like they are not respected or important.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Bank Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Teller  in  Brooklyn, NY
    Current Employee - Bank Teller in Brooklyn, NY

    I have been working at Valley National Bancorp full-time for more than a year

    Pros

    Very flexible. Good for seniors, or house-wives.

    Cons

    Micromanagement. No commissions and credits for referrals. Very lazy environment.

    Recommends
  7. 1 person found this helpful  

    Terrible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Valley National Bancorp

    Pros

    none to speak of at all

    Cons

    No structure lw pay no incentives bank has no focus . Senior management is terrible. Have no idea what they are doing. Most of them just waiting t retire.

    Advice to ManagementAdvice

    Hopefully the bank willl be bought soon.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Valley National Bancorp full-time for less than a year

    Pros

    employer friendly and HR staff in NY was very helpful.

    Cons

    New Jersey Branches were hostile to New York Branches

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Customer Service Rep in-Branch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate  in  Hoboken, NJ
    Current Employee - Sales Associate in Hoboken, NJ

    I have been working at Valley National Bancorp full-time for more than 5 years

    Pros

    Stability, time-off policies, company values, potential career advancements

    Cons

    low end compensation, beaurcracy, lack of technology

    Advice to ManagementAdvice

    More competitive products that are in line with targeted markets and

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Experienced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head Teller  in  Freehold, NJ
    Current Employee - Head Teller in Freehold, NJ

    I have been working at Valley National Bancorp full-time for more than 3 years

    Pros

    old fashion bank very good for consumers. People are wonderful.

    Cons

    Some of the rules are hard to follow.

  11.  

    Sales Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Valley National Bancorp full-time

    Pros

    team is ok to work with

    Cons

    very little pay for amount of work. very ancient system

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