Business
Valley Bank’s “Journey Checking” Receives National Certification by Banking Advocates as Safe, Affordable Account
The Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification of Valley Journey Checking indicates that it meets over 25
About this update from Valley National Bancorp
[{"type":"text","content":"\nThe Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification of Valley Journey Checking indicates that it meets over 25 features for safe and affordable consumer transaction accounts.\n\n WAYNE, N.J.--(BUSINESS WIRE)--\nValley Bank announced today that its Journey Checking account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 - 2022). The National Safe Account Standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders and other financial institutions, designate both core and strongly recommended features that ensure low cost, high functionality and consumer safety.\n\nKey features of Valley Journey Checking include a low or no monthly fee, no overdraft or nonsufficient fund fees, the ability to pay bills and make purchases and federal deposit insurance. Valley Journey Checking is available in every one of Valley’s branches across New Jersey, New York, Florida and Alabama.\n\n“The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to the Valley Journey Checking account,” said Jonathan Mintz, President and Chief Executive Officer of the Cities for Financial Empowerment Fund. “Valley Journey Checking offers New Jersey, New York, Florida and Alabama residents who are looking to improve their finances a safe, affordable and truly useful mainstream banking product. Valley Bank’s offering of this terrific account brings them into the forefront of national banking access efforts, and we thank them.”\n\nThe goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards identify critical product features for appropriate bank or credit union accounts, making it easier for local coalitions across the country to connect consumers to accounts that meet their needs.\n\n“Valley Bank is honored to be part of a coalition that provides safe, low-cost accounts for the underbanked and unbanked,” said Bernadette Mueller, Executive Vice President and Chief CSR-CRA Officer. “It’s one step closer to ensuring all consumers have access to secure banking services.”\n\nTo learn more about Valley’s Journey Checking Account, click here.\n\nMember FDIC...