TellerScore

CFPB complaint counts · Oct 17, 2023 – Oct 17, 2026

Valley National Bank complaints

Consumers filed 263 complaints about VALLEY NATIONAL BANCORP with the Consumer Financial Protection Bureau over the past three years, 94 of them in the last 12 months. The most common product was "Checking or savings account" (49%), and the most common issue was "Managing an account". The company responded on time to 93.2% of complaints, and 3.8% of closed complaints ended with monetary or non-monetary relief.

Complaints (3 yrs)
263
Per $1B deposits
4.8median 8.5
Timely response
93.2%
Closed with relief
3.8%

The CFPB publishes complaints after the company responds or after 15 days, whichever comes first. It does not verify every fact in a complaint, and counts reflect customer volume as much as service quality. Narratives are not shown. See Valley National Bank's financial scorecard.

By product

ProductComplaintsShare
Checking or savings account13049.4%
Credit reporting or other personal consumer reports4015.2%
Mortgage3513.3%
Vehicle loan or lease3513.3%
Money transfer, virtual currency, or money service155.7%
Debt collection41.5%
Credit card31.1%
Payday loan, title loan, personal loan, or advance loan10.4%

Top issues

IssueComplaintsShare
Managing an account7327.8%
Trouble during payment process3011.4%
Closing an account238.7%
Opening an account218.0%
Improper use of your report207.6%
Incorrect information on your report197.2%
Managing the loan or lease186.8%
Fraud or scam93.4%
Problems at the end of the loan or lease93.4%
Problem caused by your funds being low62.3%
Problem with a lender or other company charging your account62.3%
Getting a loan or lease41.5%

How complaints were closed

Company responseComplaintsShare
Closed with explanation25396.2%
Closed with monetary relief72.7%
Closed with non-monetary relief31.1%

Top states

StateComplaintsShare
NJ10238.8%
FL4918.6%
NY4416.7%
PA166.1%
GA83.0%
CA62.3%
VA51.9%
AL31.1%
DE31.1%
MI31.1%

How they were submitted

ChannelComplaintsShare
Web20778.7%
Referral3212.2%
Phone186.8%
Postal mail62.3%

Want to file a complaint? Submit it directly to the Consumer Financial Protection Bureau (CFPB) through its website. TellerScore does not accept or forward complaints.