Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Valley Bank Invested More than $3.4 Billion to Support Its Communities in 2022

New Corporate Social Responsibility Report Released

Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, released “Inspiring Change” – the Bank’s 2022 Corporate Social Responsibility (CSR) Report that highlights its commitment to drive social, economic, and environmental success within the communities it serves. In 2022, Valley invested more than $3.4 Billion to support organizations and communities in New Jersey, New York, Florida, Alabama, California, and Illinois. To view the full report, click here or visit https://valley.com/2022-csr.

Report highlights include:

  • $1.49 billion in community development loans to advance affordable housing and community services to LMI (low-to-moderate income) individuals, economic and community development, and revitalization and stabilization
  • $1.1 billion in multi-family and residential mortgage loans to support affordable housing in LMI areas
  • $455 million in loans were made to support small business lending in underserved neighborhoods
  • $5.3+ million in total charitable giving last year to support non-profit organizations

Valley is dedicated to serving, supporting, and strengthening its communities through economic inclusion, workforce and community development, investment in local nonprofits, environmental stewardship, and a conscious commitment to its local partners. The report focuses on Valley’s four pillars of CSR: promoting affordable housing; inspiring innovation and entrepreneurship; stimulating economic and community development; and driving impactful, local leadership within the communities we serve.

“Valley has an unwavering dedication to foster positive change in our communities,” said Bernadette Mueller, Executive Vice President and Chief CSR-CRA Officer. “Our mission is to give people and businesses the power to succeed and we are proud to achieve this through corporate giving, community service, and customized solutions for our communities.”

The Bank’s commitment to DEI is showcased through its efforts to create an inclusive work environment that enhances its ability to innovate its practices and products, gain new insights, and apply this growth to its community work. Through the acquisition of Bank Leumi USA last year, Valley expanded its CSR efforts to Los Angeles, Palo Alto and Chicago.

Additionally, in 2022, Valley received an Outstanding rating from the Office of the Comptroller of the Currency (OCC) for our Community Reinvestment Act (CRA) performance during 2019 – 2021 – it’s second consecutive Outstanding rating.

About Valley

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $64 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations across New Jersey, New York, Florida and Alabama, 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 Service Center at 800-522-4100.

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