Valley National Bancorp (Valley) is a bank holding company. Valley owns VNB Capital Trust I and GCB Capital Trust III, through which trust preferred securities are issued. Valley National Bank operates in four business segments: commercial lending, consumer lending, investment management, and corporate and other adjustments. As of October 29, 2014, the Bank had 204 branches in 144 communities serving 16 counties throughout New Jersey, Manhattan, Brooklyn, Queens and Long Island. The Bank provides a range of commercial, retail and wealth management financial services products. The Bank provides a range of banking services, including automated teller machines, telephone and Internet banking, overdraft facilities, drive-in and night deposit services, and safe deposit facilities. The Bank also provides certain international banking services, including standby letters of credit, documentary letters of credit and related products, and ancillary services.