Valley National Bank Promotes Jennifer Yager to Senior Vice President, AML Director/BSA Officer

WAYNE, N.J. – Tuesday, July 17, 2018 – Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE: VLY), announced today the promotion of Jennifer Yager to Senior Vice President, AML Director/BSA Officer.

Yager joined Valley’s AML Compliance department in 2005 and has served as the Assistant AML Director for the past several years.  Prior to joining Valley, she served as an Intelligence Research Specialist for the NY/NJ High Intensity Financial Crime Area (HIFCA) and as a BSA Specialist at a large financial institution.  Over her tenure, she has been responsible for managing a diverse range of AML investigative and OFAC sanctions compliance initiatives, including most recently the implementation of FinCEN’s new Customer Due Diligence Rule and system upgrade.  Throughout her career she has worked closely with Valley associates on a variety of AML compliance efforts, has spearheaded several AML/BSA/OFAC due diligence reviews of institutions the bank has sought to acquire, and has demonstrated an unrivaled dedication to ensuring a sound AML/BSA/OFAC compliance program.

“Jennifer’s experience and leadership have had a profound impact on our AML/BSA compliance efforts,” remarked Melissa Scofield, Executive Vice President and Chief Risk Officer.  “She has a remarkable track record and is highly respected by her peers.  We are proud to recognize her efforts with this promotion and remain confident that she will continue to excel in this important leadership role.”

Ms. Yager received a Bachelor of Arts Degree in Psychology and Communications from Muhlenberg College in Allentown, Pennsylvania and maintains her Certified Anti-Money Laundering Specialist (CAMs) designation.  She can be reached at 973-686-5014 or by email at jyager@valleynationalbank.com.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over $29 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, Florida and Alabama. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call our Customer Service Center at 800-522-4100.