BEVERLY HILLS, Calif.--()--Valley National Bank, a New Jersey-based regional bank with $62 billion in assets, is proud to celebrate the success of its first California branch location in Beverly Hills, which has grown over $50 million in deposits and established strong community connections in its first six months. Located at 225 North Beverly Drive, near Rodeo Drive, the branch, which opened in August of 2024, provides a comprehensive suite of banking services for commercial and retail customers including private banking, traditional financing, treasury management solutions, HOA banking and more.

The branch reaffirms Valley’s commitment to its presence in California, strengthening its relationship banking approach within the community. The branch serves as a key extension of Valley’s California market team which delivers a full range of commercial services to business of all sizes. The market team includes 25 experienced members with a robust portfolio of commercial and middle market clients and key success has been seen in C&I, asset-based lending, syndication and banking successful business owners in food, logistics and professional services industries.

“We are excited to enhance the Valley brand in California. We have seen strong demand for our customized and holistic banking solutions from individuals and businesses through deposits thus far,” said Meline Kalendjian, First Vice President and Market Manager at Valley. “Our relationship-focused approach to banking is carried forward through the in-branch experience as our bankers aim to provide a high touchpoint level of services and provide clients with the services they need.”

Kalendjian, who joined Valley Bank in 2024 with more than 30 years of branch management and client relations experience, also contributes her deep market knowledge to furthering key relationships with the community.

Since entering the market, Valley’s Corporate Social Responsibility (CRA) and California market teams have further developed community relationships with impactful nonprofit organizations through meaningful engagement, such as volunteerism and investments. The bank’s most recent activity includes supporting wildfire relief and recovery efforts to: Los Angeles Regional Food Bank, Neighborhood Housing Services of Los Angeles, Abode Communities Los Angeles and American Red Cross Los Angeles Region.

“I’ve spent more than 10 years of my banking career in the Beverly Hills community and Valley’s commitment to the success of both its customers and community is evident in its efforts to serve members across the region,” said Kalendjian.

The success of the new branch location will be celebrated with the attendance of Valley Bank leadership, local officials, customers and community members at an official Grand Opening celebration on April 8, 2025.

The Beverly Hills branch includes five full-time branch bankers working in the 4,000-square-foot space which offers private offices, meeting space, and an on-site ATM to cater to the high volume of foot-traffic. Hours for the location are 9:00 a.m.–5:00 p.m. Monday through Friday. The branch can be reached by phone at 310-916-9980 or by email at mkalendjian@valley.com.

About Valley National Bank

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with over $62 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California and Illinois, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Care Center at 800-522-4100.