Daily News: January 19, 2012

Valley National Bank Appoints Triscoli to SVP, Asset-Based Lending

Valley National Bank, the wholly owned subsidiary of Valley National Bancorp, has appointed Joseph Triscoli to senior vice president of the Asset-Based Lending Division located in New York City.

Triscoli joined Valley in 1999 and brings almost 25 years of banking experience to his position. He is responsible for managing all facets of the Asset-Based Lending Division in New York, which includes new business development, portfolio management and collateral monitoring.

“Valley has a long and impressive history of serving the financial needs of local businesses,” remarked Triscoli. “Our professional asset-based lending officers can provide the financial resources that will help customers overcome challenges and build on their success.”

Triscoli received a Bachelor of Science Degree in Business Administration from Hofstra University and a Master’s Degree in Business Administration from Adelphi University.

“Joe’s understanding of today’s business banking market has made him an effective manager for our asset based group in New York,” remarked EVP Robert Meyer. “He has produced remarkable results over the years. This promotion is well deserved.”

Triscoli is president of the Commercial Finance League of New York as well as a member of the Financemen’s Club of New York.

Valley is a regional bank holding company headquartered in Wayne, New Jersey with nearly $16 billion in assets after the acquisition of State Bancorp. Its principal subsidiary, Valley National Bank, currently operates 211 branches in 147 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island.