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Tax Credit Investments Tax Credit Investments - Affordable Housing Tax Credit Investments, Other Tax Credit Investments, and Related Unfunded Commitments (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 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  
Other Assets [Member]      
Other Assets [Abstract]      
Affordable housing tax credit investments, net 34,843us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
  36,009us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
Other tax credit investments, net 62,693vly_OtherTaxCreditInvestmentsNet
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
  66,023vly_OtherTaxCreditInvestmentsNet
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
Total tax credit investments, net 97,536vly_TaxCreditInvestmentsNet
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
  102,032vly_TaxCreditInvestmentsNet
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherAssetsMember
Accrued Expenses And Other Liabilities [Member]      
Other Liabilities [Abstract]      
Unfunded affordable housing tax credit commitments 8,080vly_QualifiedAffordableHousingProjectInvestmentsCommitmentUnfundedTaxCredit
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember
  8,800vly_QualifiedAffordableHousingProjectInvestmentsCommitmentUnfundedTaxCredit
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember
Unfunded other tax credit commitments 418vly_OtherUnfundedTaxCreditCommitments
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember
  418vly_OtherUnfundedTaxCreditCommitments
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember
Total unfunded tax credit commitments $ 8,498vly_UnfundedTaxCreditCommitments
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember
  $ 9,218vly_UnfundedTaxCreditCommitments
/ us-gaap_BalanceSheetLocationAxis
= vly_AccruedExpensesAndOtherLiabilitiesMember