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WAYNE, N.J. - Friday, February 21, 2014 - Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the promotion of Gala Silnitsky to First Vice President – Investment Officer.

Ms. Silnitsky joined Valley’s Management Associate Program in 2003. In her current role, she evaluates and executes prospective purchases and sales for the Bank’s investment portfolio, conducts fair value review and analysis of the portfolio and negotiates wholesale borrowing contracts. In addition to these responsibilities, she also assists with regulatory reporting and Bond Anticipation Note bids for municipalities.

"Gala is a knowledgeable and enthusiastic banking professional," remarked First Senior Vice President Eric Gould. "She is a true asset to our team and we are proud to recognize her contributions with this well-earned promotion."

Ms. Silnitsky received a Bachelor’s Degree in Finance from Pace University and an MBA in Finance and Investments from Baruch College. She can be reached at 973-305-4020 or by email at gsilnitsky@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.