Oritani Bank - THE RIDGEWOOD BLOG.

Posted on July 20, 2019 July 19, 2019

Valley National Bancorp Merges with Oritani Financial Corp

the sttaff of the Ridgewood blog

TWP of Washington NJ, Valley National Bancorp (“Valley”) (NASDAQ:VLY) announced today that it is doubling its market share in demographically attractive Bergen County and enhancing its presence in Hudson County by acquiring Oritani Financial Corp. (“Oritani”) (NASDAQ: ORIT).

The companies have entered into a merger agreement in which the common shareholders of Oritani will receive 1.60 shares of Valley common stock for each Oritani share they own. The transaction is valued at an estimated $740 million, based on Valley’s closing stock price on June 25, 2019.

Posted on April 19, 2019 April 18, 2019

The Bergen County Prosecutor’s Office and Park Ridge Police Department are seeking the public’s assistance in identifying the suspect in yesterday’s Oritani Bank robbery

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the staff of the Ridgewood blog

Park Ridge NJ, The Bergen County Prosecutor’s Office and Park Ridge Police Department are seeking the public’s assistance in identifying the suspect in yesterday’s Oritani Bank robbery.

On Wednesday, April 17, 2019 at approximately 12:20 p.m., the male suspect entered the Oritani bank located at 177 Kinderkamack Rd in Park Ridge, NJ and asked to speak with the bank manager. While speaking with the manager, the suspect advised that he was in possession of a bomb and requested that all employees accompany him to the vault.