alley National Bank Appoints Dennis Fisher To Vice President

WAYNE, N.J. – Wednesday, January 19, 2011– Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the appointment of Dennis Fisher to Vice President/Branch Sales Manager of the Bank’s Union branch located at 2784 Morris Avenue in Union, New Jersey.

Mr. Fisher brings over 17 years of banking experience along with 17 years of entrepreneurial experience to his position. Prior to joining Valley in 2008, he owned the largest and only computerized answering service in Staten Island, New York.

“I am very grateful that I am afforded the opportunity to serve a vibrant diverse and historic community such as Union,” remarked Mr. Fisher. “I am looking forward to serving the financial needs of the local neighborhood and establishing new relationships throughout the local area.”

Mr. Fisher’s responsibilities extend well beyond the confines of the branch office. Valley is a community oriented bank with deep ties in the local neighborhoods it serves. To support these efforts, Mr. Fisher will work extensively with his management team and the Union branch staff to become actively involved in community events and organizations to increase the Bank’s ties with local businesses and residents. As always, customers can continue to expect the same personalized service and care that Valley has been renowned for since 1927.

“His experience, knowledge and expertise make Dennis a natural fit for this position,” remarked First Senior Vice President Barbara Mohrbutter. “He understands the local market and is eager to help the local residents and businesses achieve financial success.”

Mr. Fisher received a Bachelor of Science Degree in Business Administration from Queensborough College and is a current member of the Union Chamber of Commerce. He can be reached at 908-964-1222 or by email atdfisher@valleynationalbank.com.

About Valley

Valley is a regional bank holding company with over $14 billion in assets, headquartered in Wayne, New Jersey. Its principal subsidiary, Valley National Bank, currently operates 200 branches in 135 communities serving 14 counties throughout northern and central New Jersey, Manhattan, Brooklyn and Queens. Valley National Bank is the largest commercial bank headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week. Valley National Bank offers a wide range of deposit products, mortgage loans and cash management services to consumers and businesses including products tailored for the medical, insurance and leasing business. Valley National Bank’s comprehensive delivery channels enable customers to bank in person, by telephone or online.

For more information about Valley National Bank and its products and services, please visitwww.valleynationalbank.comor call Customer Service 24/7 at 800-522-4100.