Cumberland Valley National Bank Review, Application Process and VNB Login Guide

Valley National Bank Reviews

Valley National Bank (VNB) is a financial company or institution which was established in the year 1927. It has its headquartered in Wayne, New Jersey, United States of America. Presently, Valley Bank has more than 200 branches in various states of the country, such as New York, New Jersey, Florida, and Alabama.

Valley National Bank’s asset is around $42 billion. Valley Bank is one of the largest commercial in New Jersey with Executive Offices in Manhattan and West Palm Beach. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy.

Though it may not be a Wall Street firm, Valley National Bank offers all forms of deposit account options. These include savings accounts, checking accounts, money market accounts, and certificates of deposit.

In addition, VNB customers can take out mortgages, open credit cards. If you are feeling entrepreneurial, Valley Bank can also help you out with small business loans.

Valley National Bank Fees

====> None-Valley Bank ATM is $2

====> International POS transaction is $3

====> Check images for All Access checking accounts per month is $2

====> Valley National Bank Debit Card replacement is $5

====> International ATM is $5

====> Domestic wire transfer will cost you $15 (incoming) and $30 (outgoing)

====> Inactivity on your account, checking will cost you $15, savings will cost your $9 quarterly if balance is lesser than $1000

====> International wire transfer will cost you $15 (incoming) and $45 (outgoing)

====> Check certification is $20

====> Check returned unpaid is $20

====> Stop payment order will cost you $35

====> Overdraft will cost you $36

General Cons and Pros of Valley National Bank Wayne nj

Before we run through various products and service offer offers by VNB, we will run through the general cons and pros of opening an account with the bank.

VNB General Pros

====> Account owner will be able to check multiple accounts

====> You will enjoy cash bonuses for certain accounts

====> Account holders will enjoy high APYs on CDs and money market accounts

Valley Bank General Cons

====> The bank branches are not in all states, rather is located in some states like New York, New Jersey, Alabama, and Florida only

====> Account owner will get or earn low APYs on savings accounts

====> Yow will not be able to open all account online, some may need to visit the Valley National Bank branches before open some account.

Valley National Bank Products and Services

We are moving forward on VNB, this part of the article will run through the products and services which one can get from this bank. Each product has it’s good and bad. One of Valley National Bank’s biggest strengths is the range of products and services that it offers to its customers.

Savings Accounts: On the savings accounts, the minimum deposit to have access to all Valley Bank saving accounts is $100. Once you open any of the saving accounts, you will enjoy the following: Holiday Savings Club, Kids First Savings Club, and HSA options

CDs Account: The minimum deposit for this account is about $500, this is a bit high, but it worth having the account.

IRAs Account: Traditional, Roth and 18-month variable rate IRAs offered on this account

Money Market Accounts: You will be able to have access to two types of money market and high APY is available, it is about 0.50%

Investment Options: Valley National Bank helps in wealth management and offers insurance options to customers

Checking Accounts: On this type of account, you will have access to about 8-checking account options. Some of these accounts have a low minimum opening deposit of $100 while some accounts have no fee at all.

You will also come across what we called interest-bearing, rewards, youth and senior accounts available, among others

Loans: Other services you enjoy from this bank (Valley National Bank) are the ability to get loans. Home mortgages, equity loans, lines of credit, refinancing, auto loans, borrowing against life insurance are what you will access through VNB.

Business Accounts: Last but not least in this part of the article is Valley Bank Business Account.

Valley National Bank Savings Accounts

This bank offers only one main saving account, the Valley All Access Savings account. The bank offers a Health savings account, a Holiday Savings Club account, and a Valley Kids First Savings Club account.

In this type of account, you will come across of variety of accounts such as kids and holiday saving accounts. You will enjoy low fees across many accounts in the category

Pros of VNB Savings Accounts

====> This account is fee-free for kids first saving club and Holiday club account

====> On an all-access saving account, the minimum opening deposit amount is $100

====> For kids first savings club account, the minimum opening deposit amount is $1

====> All interest on saving account is compounded daily and paid quarterly

====> On Holiday club saving account, the minimum opening deposit account is $10

====> No monthly fees with a $300 minimum balance for All Access Savings

Cons of VNB Savings Accounts

====> The monthly HSA fee is $3

====> APY for All Access savings account is 0.02%, very low

====> If the Holiday Saving Club account is closed before maturity, you will be charged $15

====> APY for holiday saving club and kids first savings account is 0.03%, very low

Valley Bank CDs Accounts

Valley National Bank offers two kinds of CDs to customers, standard CDs and 18-month floating-rate CDs. The maturities of the CDs account is between three months and sixty months and the minimum deposit of $500 is required

Pros of CDs Accounts

====> You have only three months for maturity, this is considered as a short term maximum flexibility

====> Floating-rate option

====> This account requires low minimum deposit

Cons of CDs Accounts

====> This account comes with various limited range of maturities stages

Valley National Bank Money Market Accounts

This bank opens two money market accounts for customers, there are the Premium Money Market and the Tiered Money Market Savings. This account gives room for a paperless statement of account. The account holder can as well boost APY on Premium Money Market from 0.25% to 0.50% with a complementary Select Checking account

Pros of Money Market Accounts

====> Account holder will enjoy unlimited deposits through the account

====> Through the account, you will enjoy unlimited in-person withdrawals

Cons of Money Market Accounts

====> High minimum opening deposits of $2,000 for the Tiered Money Market and $25,000 for the Premium Money Market

====> In other to avoid a $25 monthly fee for Premium Money Market and Tiered Money Market on your Valley National bank account, you need to have a balance of $1000

Valley Bank Checking Accounts

This bank (Valley National Bank) offers various types of checking accounts, irrespective of the checking account you need, you may likely find it on VNB options. If you are a mortgage customer, you will enjoy a special checking account.

Customers or people seeking additional service(s) will enjoy prestige and Valley All Access rewards checking account. On the other hand, interest-bearing checking account for those wanting to earn money on their idle cash.

Diverse checking account options, from traditional accounts to specialized versions for customers from teens to seniors are available on VNB

Pros of VNB Checking Accounts

====> Some of the accounts has no monthly services charges or fees

====> Almost every customer has an option for checking account on Valley National Bank

====> Low $100 minimum opening deposit for some accounts

Cons of VNB Checking Accounts

====> Not all accounts can be opened online

====> Some accounts have monthly maintenance fees if requirements are not met

====> There’s a $2 fee to use non-Valley ATMs, and Valley’s footprint is fairly small

How to Open a Valley National Bank Account

You can open an account with Valley bank through different ways, majorly, the online application process and local branch application process.

Local branch application process means you enter any of the Valley national bank branches near you, you obtain the application form, fill it by providing appropriate information and submit it at the branch.

On the other hand, the online application process will only a few minutes out of your time. This application process is the fastest mean of the Valley Bank application process.

According to Valley National, the online application can be completed in just 10 minutes. You will need to register and set up your online banking login credentials by creating a user ID and password. Here are some other things you will need to provide:

====> Government-issued photo ID such as a driver’s license, state or military ID, or passport

====> Social Security number

====> Contact information

====> Email address

====> A debit or credit card number to fund the account or a current bank’s account number and routing number to transfer funds.

Valley National Bank Account Login Process

Now that you have created your online account, you need to log in to your account before you can manage your account. You may accept your account via the web portal and via mobile app.

Log In to Valley National Bank Account via a Mobile Device

Not like before, when mobile phones are not common. But now, everybody has access to a mobile device(s) either Phones or Tablets.

In that case, almost everybody can access his or her banking apps via the mobile app. In that case, if you prefer banking from a mobile phone or Tablet, Valley National Bank also offers a mobile banking app, available for free on App Stores like Apple Store or Google Play Store. Therefore, follow this guide to log in to your VNB via the mobile app.

Step 1 ====> You need to download the app via the App Store or Google Play, depending on your device(s).

Step 2 ====> The app will install automatically after downloading on your mobile device(s), after that launch the app on your device(s)

Step 3 ====> Now, enter your login details (username and password) in the space provided.

Step 4 ====> Finally, tap the log-in button to access your account.

Log In to on VNB Account via a Computer System 

Though, the majority of users can access their account via the mobile app as explained above. On the other hand, you can as well log in to your account via the web portal.

Therefore, the Valley National Bank website makes it easy for you to log in to your account and manage your money from anywhere. Here is how to go about it.

Step 1 ====> You need to visit the official application page or copy and paste on your browser

Step 2 ====> On the page, locate and click on the Sign In button in the upper right corner of the webpage.

Step 3 ====> Then, you need to select your account types, such as business or personal account

Step 4 ====> Now, enter your login details (username and password) in the space provided and click on the Sign In button to log in to your account.

What you can do on your VNB Online Account

Once you are able to log in to your Valley National Bank account online, you should be able to perform the following task.

====> You should be able to pay your bills

====> You should be able to transfer money from your account

====> You should be able to make a deposit via your online account

====> You should be able to check your balance on Valley National bank via the online account

====> You should be able to lock and unlock your debit card

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How to Retrieve and Reset VNB Forgotten Login Details

If you have forgotten your login details (username and password) for your Valley National Bank online account. You don’t need to worry much as you will be able to recover and reset them. Follow the steps here to get back your login details.

Reset Password

In other to reset your account password, you need to follow the steps below, simple and easy to go about.

Step 1 ====> You need to visit the official application page or copy and paste on your browser

Step 2 ====> On the page, locate and click on the Sign In button in the upper right corner of the webpage.

Step 3 ====> When you get to the username and password fields, click on the link that says Forgot Username/Password?

Step 4 ====> Provide your phone number and username in the space provided

Step 5 ====> Now click Send me a new password.

Step 6 ====> Follow the instruction to complete the process

Recover Username

You cannot reset your username or user ID, you can only recover them. Follow the step here to retrieve your username

Step 1 ====> You need to visit the official application page or copy and paste on your browser

Step 2 ====> On the page, locate and click on the Sign In button in the upper right corner of the webpage.

Step 3 ====> When you get to the username and password fields, click on the link that says Forgot Username/Password?

Step 4 ====> Now select I forgot my username toward the bottom of the page.

Step 5 ====> Then, enter your email address and press send

Step 6 ====> Now follow the instruction via the mail to recover your user ID

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About the Author: Gadgetsright

Adeola (Jasper) is someone who loves everything about technology. He devoted to everything that is tech-related and tries his best to produce useful and quality articles about mobiles, computers and other related products.

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