WAYNE, N.J. - Valley National Bancorp announced the completion of its previously announced acquisition of Peoples Bancorp, Fairfield, N.J.

Valley paid 0.64 share of its stock for each of the 661,000 Peoples common shares, making the deal worth about $11 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.