Valley National Bancorp announced that its merger with USAmeriBancorp Inc. (USAB) was completed effective January 1, 2018. In connection with the Merger and pursuant to the terms of the merger agreement, the company increased the size of its Board of Directors at the effective time from 13 members to 14 members and appointed Jennifer W. Steans, formerly the Chairperson of the board of directors of USAB, to the Board.