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Valley National Bancorp Sets Record and Payment Date for Common Stock Cash Dividend

    WAYNE, N.J., Aug. 13 /PRNewswire-FirstCall/ -- Valley National Bancorp
(NYSE: VLY), the holding company for Valley National Bank, announced that a
common stock cash dividend of $0.20 per share will be paid October 1, 2008
to shareholders of record on September 5, 2008.

    Valley is a regional bank holding company, headquartered in Wayne, New
Jersey, with nearly $14.0 billion in assets after its completion of the
merger with Greater Community Bancorp on July 1, 2008. Its principal
subsidiary, Valley National Bank, currently operates 193 branches in 131
communities serving 14 counties throughout northern and central New Jersey
and Manhattan, Brooklyn and Queens. Valley 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 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'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 visit
http://www.valleynationalbank.com or call Customer Service 24/7 at 1-800-522-4100.



SOURCE Valley National Bancorp




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Related links:
  • http://www.valleynationalbank.com
    CONTACT:
    Dianne M. Grenz, First Senior Vice President,
    Director of Marketing, Shareholder & Public Relations, Valley
    National Bancorp, +1-973-305-4005