Wayne-based Valley Bank has donated approximately $2,183,000 to 264 organizations across their footprint to support COVID-19 relief efforts through their Community Pledge Certificate of Deposit (CD) Program. 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.
New Jersey Community organizations include:
“The funds we’ve donated through our Community Pledge CD program will help ensure the organizations that serve our communities can continue to do so,” remarked, Valley Executive Vice President and Chief CSR-CRA Officer Bernadette Mueller. “Valley is honored to support these organizations that have worked tirelessly in the face of challenges to serve our communities.”
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