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Tax Credit Investments Tax Credit Investments - Affordable Housing Tax Credit Investments and Other Tax Credit Investments (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Schedule of Equity Method Investments [Line Items]    
Affordable housing tax credits and other tax benefits $ 1,731us-gaap_AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount $ 1,393us-gaap_AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
Other tax credit investment credits and tax benefits 3,618vly_OtherTaxCreditInvestmentCreditsAndTaxBenefits 3,188vly_OtherTaxCreditInvestmentCreditsAndTaxBenefits
Total reduction in income tax expense 5,349vly_IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments 4,581vly_IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments
Non-Interest Expenses [Member]    
Schedule of Equity Method Investments [Line Items]    
Affordable housing tax credit investment losses 677vly_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortizationInvestmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
440vly_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortizationInvestmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
Affordable housing tax credit investment impairment losses 488vly_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortizationImpairmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
0vly_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortizationImpairmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
Other tax credit investment losses (297)vly_AmortizationOfOtherTaxCreditInvestmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
(398)vly_AmortizationOfOtherTaxCreditInvestmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
Other tax credit investment impairment losses (3,034)vly_AmortizationOfOtherTaxCreditImpairmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
(2,878)vly_AmortizationOfOtherTaxCreditImpairmentLosses
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
Total amortization of tax credit investments recorded in non-interest expense $ 4,496vly_AmortizationOfTaxCreditInvestments
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember
$ 3,716vly_AmortizationOfTaxCreditInvestments
/ us-gaap_IncomeStatementLocationAxis
= vly_NonInterestExpensesMember