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Valley Bank
Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Morristown, New Jersey, with approximately $64 billion in assets. Its principal subsidiary, Valley National Bank (also doing business as Valley Bank, or just Valley), currently operates over 230 branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois. Valley Bank is one of the largest commercial banks headquartered in New Jersey. History Founded in 1927 as the Passaic Park Trust Company, the bank changed its name in the mid 1930s to the Bank of Passaic and Trust Company. In 1956 the Bank of Passaic and Trust Company acquired the Bank of Allwood located in Clifton, New Jersey, and changed its name to The Bank of Passaic and Clifton. The acquisition of the Bank of Wayne in 1976 created a need for a new identity to show the expanded geographic reach of the bank, and the name Valley National Bank was chosen, in r ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Hillsdale, New Jersey
Hillsdale is a Borough (New Jersey), borough in the northern portion of Bergen County, New Jersey, Bergen County, in the U.S. state of New Jersey, within the New York City metropolitan area. As of the 2020 United States census, the borough's population was 10,143, a decrease of 76 (−0.7%) from the 2010 United States census, 2010 census count of 10,219, which in turn reflected an increase of 132 (+1.3%) from the 10,087 counted in the 2000 United States census, 2000 census. The populated area today known as Hillsdale took form in the mid-to-late 19th century as land speculators, led by David P. Patterson, developed Subdivision (land), subdivisions to profit from the coming of the Hackensack and New York Railroad (later New Jersey and New York Railroad). The area was incorporated as Hillsdale Township on March 25, 1898, from portions of Washington Township, Bergen County, New Jersey, Washington Township, which had, in turn, been set off from Harrington Township, New Jersey, Harri ...
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Shrewsbury, New Jersey
Shrewsbury is a borough in eastern Monmouth County, in the U.S. state of New Jersey. Located within the heart of the northern Jersey Shore region, the borough is a bedroom community of New York City. As of the 2020 United States census, the borough's population was 4,184, its highest decennial count ever and an increase of 375 (+9.8%) from the 2010 census count of 3,809, which in turn reflected an increase of 219 (+6.1%) from the 3,590 counted in the 2000 census. Shrewsbury was formed as a borough by an act of the New Jersey Legislature on March 22, 1926, from portions of Shrewsbury Township, based on the results of a referendum held on May 11, 1926.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606–1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 185. Accessed May 30, 2024. The borough's name comes from Shrewsbury, England. History Shrewsbury was part of the Navesink Patent or Monmouth Tract granted soon after the creation of East ...
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Paramus, New Jersey
Paramus ( Waggoner, Walter H, ''The New York Times'', February 16, 1966. Accessed October 16, 2018. "Paramus – pronounced puh-RAHM-us, with the accent on the second syllable – may have taken its name from 'perremus' or 'perymus,' Indian for 'land of the turkey'.") is a Borough (New Jersey), borough in the central portion of Bergen County, New Jersey, Bergen County, in the U.S. state of New Jersey. A suburban bedroom community of New York City, Paramus is located northwest of Midtown Manhattan and approximately west of Upper Manhattan. The ''Wall Street Journal'' characterized Paramus as "quintessentially suburban". The borough is also a major commercial hub for North Jersey (home to Garden State Plaza and various corporate headquarters). As of the 2020 United States census, the borough's population was 26,698, an increase of 356 (+1.4%) from the 2010 United States census, 2010 census count of 26,342, which in turn reflected an increase of 605 (+2.4%) from the 25,737 counte ...
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Union Township, Union County, New Jersey
Union Township is a township in Union County, in the U.S. state of New Jersey. In the 18th century, the area that is now Union was then called Connecticut Farms. As of the 2020 United States census, the township's population was 59,728, an increase of 3,086 (+5.4%) from the 2010 census count of 56,642, which in turn reflected an increase of 2,237 (+4.1%) from the 54,405 counted in the 2000 census. History Settled in 1667, Union was the third English speaking settlement in New Jersey after Elizabeth and Newark, with the area that is now Union then called Connecticut Farms. Union Township was the site of the Battle of Connecticut Farms. On June 6, 1780, British troops, led by Hessian General Wilhelm von Knyphausen, boarded boats on Staten Island bound for Elizabeth, New Jersey. At midnight, 5,000 troops started to land. They expected the Continental Army to give little resistance, believing that they were tired of the war and were poorly fed and paid. They also expect ...
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Oak Ridge, New Jersey
Oak Ridge is an unincorporated community and census-designated place (CDP) located in West Milford Township in Passaic County and Jefferson Township in Morris County, in the U.S. state of New Jersey. The area is served as United States Postal Service ZIP Code 07438. As of the 2020 United States census, the population was 10,996. Geography The Oak Ridge CDP is located in northern Morris County and western Passaic County and includes several communities, including Oak Ridge proper in Passaic County on the Pequannock River along Route 23 and the New York, Susquehanna & Western Railroad main line. In Morris County, the communities of Milton, Petersburg, and Woodstock are within the Oak Ridge CDP. County Route 699 (Oak Ridge Road) runs south from the junction with Route 23 and is the main north–south local route in the community. According to the U.S. Census Bureau, the Oak Ridge CDP has a total area of , of which are land and , or 6.65%, are water. The Pequannock River, ...
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Fairfield Township, Essex County, New Jersey
Fairfield is a township in far northwestern Essex County, in the U.S. state of New Jersey. As of the 2020 United States census, the township's population was 7,872, an increase of 406 (+5.4%) from the 2010 census count of 7,466, which in turn reflected an increase of 403 (+5.7%) from the 7,063 counted in the 2000 census. Fairfield was the least densely populated town in Essex County in 2020. The first Europeans to settle in the area were Dutch and the place was called Gansegat. Later it was part of Horse Neck and officially part of Newark Township. What is now Fairfield was formed on February 16, 1798, as Caldwell Township from portions of Acquackanonk Township and Newark Township. The area was named for Rev. James Caldwell. It was incorporated as one of New Jersey's initial 104 townships by an act of the New Jersey Legislature on February 21, 1798. Portions of the township were taken to create Livingston (February 8, 1813), Fairmount Township (March 11, 1862, now part ...
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Morris Plains, New Jersey
Morris Plains is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 6,153, an increase of 621 (+11.2%) from the 2010 census count of 5,532, which in turn reflected an increase of 296 (+5.7%) from the 5,236 counted in the 2000 census. Morris Plains was incorporated as a borough by an act of the New Jersey Legislature on March 15, 1926, from portions of Hanover Township, based on the results of a referendum held on April 15, 1926.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606-1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 195. Accessed May 30, 2024. The borough's name comes from Lewis Morris, colonial governor of New Jersey. Morris Plains serves as a bedroom community, with many residents traveling to work in New York City. The Morristown Line of NJ Transit provides commuters with direct access to New York Penn Station and to Hoboken Terminal. Geograp ...
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Warren, New Jersey
Warren Township is a township in Somerset County, in the U.S. state of New Jersey. The township is a bedroom suburb of New York City in the much larger New York metropolitan area, located within the Raritan Valley region. As of the 2020 United States census, the township's population was 15,923, an increase of 612 (+4.0%) from the 2010 census count of 15,311, which in turn reflected an increase of 1,052 (+7.4%) from the 14,259 counted in the 2000 census. Warren is situated in northeastern Somerset County bordering both Morris (along the Passaic River) and Union counties. The township has been one of the state's highest-income communities. Based on data from the American Community Survey for 2013–2017, Warren Township residents had a median household income of $154,647, ranked 12th in the state among municipalities with more than 10,000 residents, more than double the statewide median of $76,475. In 2012, Forbes.com listed Warren as 334th in its listing of "America's Mo ...
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Nutley, New Jersey
Nutley is a Township (New Jersey), township in Essex County, New Jersey, Essex County, in the U.S. state of New Jersey. As of the 2020 United States census, the township's population was 30,143, an increase of 1,773 (+6.2%) from the 2010 United States census, 2010 census count of 28,370, which in turn reflected an increase of 1,008 (+3.7%) from the 27,362 counted in the 2000 United States census, 2000 census. What is now Nutley was originally incorporated as Franklin Township by an act of the New Jersey Legislature on February 18, 1874, from portions of Belleville, New Jersey, Belleville Township. Nutley was incorporated as a Town (New Jersey), town on March 5, 1902, replacing Franklin Township.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606–1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 130 for Nutley, p. 128 for Franklin Township. Accessed May 30, 2024. In 1981, the town was one of seven Essex County municipalities to pass a referendum ...
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Wyckoff, New Jersey
Wyckoff ( ) is an affluent township in Bergen County, in the U.S. state of New Jersey. As of the 2020 United States census, the township's population was 16,585, a decrease of 111 (−0.7%) from the 2010 census count of 16,696, which in turn reflected an increase of 188 (+1.1%) from the 16,508 counted in the 2000 census. As of the 2010 census, Wyckoff ranked 55th in highest-household income places in the United States with a population of at least 10,000 at $103,614. Statewide, Wyckoff ranked 41st among New Jersey locations by per capita income, with a per capita money income of $49,375 as of 1999, an increase of 49.1% from the $33,124 recorded in 1989. From the mid-18th century, what is now Wyckoff was a community within Franklin Township, formed on June 1, 1797, when Saddle River Township (now Saddle Brook) was split, which consisted of most of northern Bergen County west of the Saddle River. Starting in the 1840s, several new municipalities were created from portions ...
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Resolution Trust Corporation
Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company first run by Lewis William Seidman and charged with liquidating assets, primarily real estate-related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office of Thrift Supervision (OTS) as a consequence of the savings and loan crisis of the 1980s. It also took over the insurance functions of the former Federal Home Loan Bank Board (FHLBB). Between 1989 and mid-1995, the Resolution Trust Corporation closed or otherwise resolved 747 thrifts with total assets of $394 billion. Its funding was provided by the Resolution Funding Corporation (REFCORP) which still exists to support the debt obligations it created for these functions. History The Resolution Trust Corporation was established in 1989 by the Financial Institutions Reform Recovery and Enforcement Act (FIRREA), and it was overhauled in 1991., Resolution Trust Cor ...
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