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WAYNE, N.J. - Wednesday, January 29, 2014 - Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the promotion of Michele Borgognoni to First Vice President - District Operations Manager of the Bank’s Monmouth District.

Ms. Borgognoni joined Valley in 2005 and brings over 20 years of experience to her position. As a District Operations Manager, she works to improve operational efficiency in the 16 branches within her District, with an emphasis on customer service and satisfaction. She is also responsible for staffing and the development of branch personnel through ongoing training and coaching efforts designed to elevate branch performance.

"Michele has been an integral part of our operations team for the better part of the last decade," remarked First Senior Vice President Andrea Onorato. "Her history as an effective and proven leader makes her the ideal choice to lead our operations initiatives in Monmouth County."

Ms. Borgognoni can be reached at 732-842-7443 or mborgognoni@valleynationalbank.com.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 204 branches in 144 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island. Valley National Bank is one of the largest commercial banks 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. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call Customer Service, 24/7 at 800-522-4100.