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Fair Value Measurement of Assets and Liabilities - Schedule of Quantitative Information about Level 3 Inputs Used to Measure Fair Value of Available for Sale Securities (Detail) (Residential mortgage-backed securities [Member])
3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2014
Fair Value Assets Measured On Recurring Basis [Line Items]    
Valuation technique to measure fair value   Discounted cash flow
Significant Unobservable Inputs (Level 3) [Member]    
Fair Value Assets Measured On Recurring Basis [Line Items]    
Prepayment rate, Weighted Average of unobservable inputs   12.90%vly_AvailableForSaleSecuritiesLevelThreeFairValueInputsWeightedAveragePrepaymentRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Default rate, Weighted Average of unobservable inputs   8.70%vly_AvailableForSaleSecuritiesLevelThreeFairValueInputsWeightedAverageDefaultRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Loss severity, Weighted Average of unobservable inputs   56.50%vly_AvailableForSaleSecuritiesLevelThreeFairValueInputsWeightedAverageLossSeverity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]    
Fair Value Assets Measured On Recurring Basis [Line Items]    
Prepayment rate, Range of unobservable inputs   0.20%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
Default rate, Range of unobservable inputs 3.00%us-gaap_FairValueInputsProbabilityOfDefault
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
 
Loss severity, Range of unobservable inputs   41.30%vly_AvailableForSaleSecuritiesLevelThreeFairValueInputsRangeOfLossSeverity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]    
Fair Value Assets Measured On Recurring Basis [Line Items]    
Prepayment rate, Range of unobservable inputs   19.80%us-gaap_FairValueInputsPrepaymentRate
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
Default rate, Range of unobservable inputs   21.60%us-gaap_FairValueInputsProbabilityOfDefault
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
Loss severity, Range of unobservable inputs 62.00%vly_AvailableForSaleSecuritiesLevelThreeFairValueInputsRangeOfLossSeverity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_InformationByCategoryOfDebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember