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City National Bank was a regional bank headquartered in Newark, New Jersey with four branches in the New York metropolitan area. According to the June 2011 issue of Black Enterprise magazine, it was the seventh largest African-American owned and operated commercial bank in the United States.
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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.
A former Commerce Bank in Tuckerton, New Jersey, that was rebranded as TD Bank in 2009. Almost every Commerce Bank branch was built in this style, and is recognizable even after the merger. Several banks in the United States have traded under the name "Commerce Bank" or similar names, leading to brand confusion.
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The bank originates loans for marketplace lenders and processes payments, and is known for its roster of clients in emerging fintech sectors. [34] [35] [36] As of 2020, the bank has assets of approximately $9.9 billion and maintains 300 employees at its branch office and corporate headquarters in New Jersey.
Amboy Bank was chartered on May 12, 1888 as The First National Bank of South Amboy by a group of prominent local businessmen. [4] In the late 1950s the bank began to open branches in the area, and in 1960 the name was changed to First National Bank of South Amboy-Madison Township to reflect the move of its headquarters to nearby Madison Township (later renamed Old Bridge Township [5]).
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