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Valley National Bancorp Sets Record, Payment Dates For Common Dividend

    WAYNE, N.J., May 25 /PRNewswire-FirstCall/ -- Valley National Bank, the
wholly-owned subsidiary of Valley National Bancorp, (NYSE: VLY) announced that
a common stock dividend of $0.22 per share will be paid on July 1, 2005 to
shareholders of record on May 31, 2005.

    Valley National Bancorp is a regional bank holding company with $11.4
billion in assets, headquartered in Wayne, New Jersey.  Its principal
subsidiary, Valley National Bank, currently operates 146 branch offices in 97
communities serving 12 counties throughout northern and central New Jersey and
Manhattan.  Valley's web site can be found at
http://www.valleynationalbank.com.


SOURCE Valley National Bancorp




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    Director of Shareholder & Public Relations, +1-973-305-3380