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Fair Value Measurement of Assets and Liabilities - Carrying Amounts and Estimated Fair Values of Financial Instruments (Detail) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Interest bearing deposits with banks $ 370,712us-gaap_InterestBearingDepositsInBanks $ 367,838us-gaap_InterestBearingDepositsInBanks
Total investment securities held to maturity 1,868,625us-gaap_HeldToMaturitySecuritiesFairValue 1,815,976us-gaap_HeldToMaturitySecuritiesFairValue
Accrued interest receivable 56,590us-gaap_AccruedInvestmentIncomeReceivable 57,333us-gaap_AccruedInvestmentIncomeReceivable
Time 2,772,235us-gaap_TimeDeposits 2,742,468us-gaap_TimeDeposits
Carrying Amount [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 1,825,819us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,778,316us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Cash and due from banks 394,002us-gaap_CashAndCashEquivalentsFairValueDisclosure
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= us-gaap_FairValueInputsLevel1Member
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462,569us-gaap_CashAndCashEquivalentsFairValueDisclosure
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Interest bearing deposits with banks 370,712us-gaap_InterestBearingDepositsInBanks
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
367,838us-gaap_InterestBearingDepositsInBanks
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Accrued interest receivable 56,590us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
57,333us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Federal Reserve Bank and Federal Home Loan Bank stock 135,032us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
133,117us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Deposits without stated maturities 11,444,508vly_DepositsWithoutStatedMaturitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
11,291,648vly_DepositsWithoutStatedMaturitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Short-term borrowings 133,866vly_ShortTermBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
146,781vly_ShortTermBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Accrued interest payable 12,448vly_AccruedInterestPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
15,526vly_AccruedInterestPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 139,087us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
139,121us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Time 2,772,235us-gaap_TimeDeposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
2,742,468us-gaap_TimeDeposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Long-term borrowings 2,529,073vly_LongTermBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
2,526,408vly_LongTermBorrowingsFairValueDisclosure
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= us-gaap_FairValueInputsLevel2Member
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Junior subordinated debentures issued to capital trusts 41,292us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
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= us-gaap_FairValueInputsLevel2Member
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
41,252us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
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= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 13,630us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
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/ us-gaap_FairValueByMeasurementBasisAxis
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14,081us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of States and Political Subdivisions [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 490,757us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
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500,018us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Residential Mortgage-Backed Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 1,059,278us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_FairValueByMeasurementBasisAxis
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986,992us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Trust Preferred Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 98,458us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
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98,456us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate and Other Debt Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 24,609us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_FairValueByMeasurementBasisAxis
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39,648us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Net loans 13,631,830us-gaap_LoansReceivableFairValueDisclosure
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13,371,560us-gaap_LoansReceivableFairValueDisclosure
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= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Fair Value [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 1,868,625us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
1,815,976us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Cash and due from banks 394,002us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
462,569us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Interest bearing deposits with banks 370,712us-gaap_InterestBearingDepositsInBanks
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
367,838us-gaap_InterestBearingDepositsInBanks
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Accrued interest receivable 56,590us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
57,333us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Federal Reserve Bank and Federal Home Loan Bank stock 135,032us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
133,117us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Deposits without stated maturities 11,444,508vly_DepositsWithoutStatedMaturitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
11,291,648vly_DepositsWithoutStatedMaturitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Short-term borrowings 133,866vly_ShortTermBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
146,781vly_ShortTermBorrowingsFairValueDisclosure
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= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Accrued interest payable 12,448vly_AccruedInterestPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
15,526vly_AccruedInterestPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 153,676us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_USTreasurySecuritiesMember
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151,300us-gaap_HeldToMaturitySecuritiesFairValue
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Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Time 2,837,408us-gaap_TimeDeposits
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2,807,522us-gaap_TimeDeposits
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Long-term borrowings 2,751,489vly_LongTermBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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2,738,122vly_LongTermBorrowingsFairValueDisclosure
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Junior subordinated debentures issued to capital trusts 43,824us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
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44,584us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
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= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 14,040us-gaap_HeldToMaturitySecuritiesFairValue
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14,385us-gaap_HeldToMaturitySecuritiesFairValue
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Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of States and Political Subdivisions [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 512,916us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
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519,693us-gaap_HeldToMaturitySecuritiesFairValue
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Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Residential Mortgage-Backed Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 1,074,679us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
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998,981us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Trust Preferred Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 86,080us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
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86,243us-gaap_HeldToMaturitySecuritiesFairValue
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Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate and Other Debt Securities [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Total investment securities held to maturity 27,234us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
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= us-gaap_EstimateOfFairValueFairValueDisclosureMember
45,374us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Fair value and carrying amounts of assets and liabilities not measured and not reported at fair value on the consolidated statement of financial condition    
Net loans $ 13,419,880us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
$ 13,085,830us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember