VA L L E Y NATIONAL BANCORP

2000 ANNUAL REPORT

Brought to you by Global Reports

New Jersey

Sussex

Passaic

Bergen

Morris

Manhattan, New York

Warren

Essex

Union Hudson Somerset

Middlesex

● Bergen ● Passaic ● Hudson ● Essex ● Union ● Morris ● Middlesex

118 BRANCHES Located in 78 Communities VALLEY NATIONAL BANCORP is a regional bank holding company with over $6.4 billion in assets. Valley National Bank, its principal subsidiary, is a super community bank that operates 118 branch offices in 78 communities throughout 10 counties in northern New Jersey. Valley is the third largest bank headquartered in New Jersey.

Brought to you by Global Reports

● Sussex ● Warren ● Somerset ★Acquired in January 2001 ▲To open in 2001

Historical Financial Data 1980-2000* (dollars in millions, except for share data)

Year End 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980

Total Assets $6,426 6,360 5,541 5,091 4,687 4,586 3,744 3,605 3,357 3,055 2,149 1,975 1,835 1,663 1,615 1,471 1,355 933 733 600 520

Net Income $106.8 106.3(1) 97.3(2) 85.0 67.5(3) 62.6(4) 59.0 56.4 43.4 31.7 28.6 36.0 34.2 32.1 29.6 24.2 17.5 14.8 9.8 6.8 5.9

Diluted Earnings Per Share $1.75 1.65 1.59 1.45 1.27 1.15 1.29 1.25 0.98 0.71 0.65 0.81 0.77 0.72 0.67 0.55 0.46 0.41 0.28 0.21 0.18

Return on Average Assets 1.72% 1.75 1.82 1.67 1.47 1.40 1.60 1.62 1.36 1.29 1.44 1.92 2.00 2.02 1.99 1.73 1.64 1.82 1.53 1.32 1.15

Return on Average Equity

Dividends Per Share

Stock Splits and Dividends

$1.03 0.98 0.89 0.77 0.69 0.66 0.63 0.49 0.45 0.42 0.42 0.40 0.36 0.34 0.28 0.23 0.16 0.12 0.10 0.09 0.09

5/00–5% Stock Dividend 5/99–5% Stock Dividend 5/98–5:4 Stock Split 5/97–5% Stock Dividend 5/96–5% Stock Dividend 5/95–5% Stock Dividend 5/94–10% Stock Dividend 4/93–5:4 Stock Split 4/92–3:2 Stock Split

20.28% 18.35 18.47 18.88 17.23 16.60 20.03 21.42 19.17 15.40 14.54 19.93 20.96 22.95 24.90 23.76 24.84 27.49 23.83 17.60 16.31

7/88–3:2 Stock Split 5/86–3:2 Stock Split 2/85–2:1 Stock Split 5/83–2:1 Stock Split 4/82–5% Stock Dividend 4/80–5% Stock Dividend

All per share amounts have been adjusted retroactively for stock splits and stock dividends during the periods presented. (1)Includes the one-time charge, net of tax, of $2.2 million, or $0.03 per diluted share recorded in connection with the Ramapo Financial Corp. merger. (2)Includes the one-time charge, net of tax, of $3.2 million, or $0.05 per diluted share recorded in connection with the Wayne Bancorp merger. (3)Includes the one-time FDIC SAIF assessment, net of tax, of $3.8 million, or $0.06 per share. (4)Includes the one-time Lakeland merger and acquisition expenses, net of tax, of $5.4 million, or $0.08 per share. *Data for years prior to 1999 exclude Ramapo Financial Corp., for years prior to 1998 exclude Wayne Bancorp, Inc., for years prior to 1997 exclude Midland Bancorp, Inc., and for years prior to 1995 exclude Lakeland First Financial Group, Inc.

Valley National Bancorp and Subsidiaries 1

Brought to you by Global Reports

To Our Shareholders:

We are pleased to report another record year. For the year ended December 31, 2000, Valley earned net income per diluted share of $1.75 compared to $1.65 per diluted share for 1999. Total net income was $106.8 million for the year ended December 31, 2000 compared with $106.3 million for 1999. Valley’s performance is particularly notable given the backdrop of a difficult interest rate environment wherein increasing interest rates contributed to higher funding costs and narrower margins. In addition, our stock repurchase plan throughout much of 2000 also reduced total net income as $90.5 million was used to acquire Valley common stock. However, earnings on a diluted per share basis increased, as did return on equity, which benefited our shareholders. STRATEGIC GROWTH In September 2000, we announced our plan to acquire Merchants NewYork Bancorp, Inc., the holding company for The Merchants Bank of New York. Under the terms of the agreement, in January 2001 Valley will acquire Merchants for common stock valued on September 6, 2000 at approximately $375 million using the price of Valley stock at the time the announcement was made. Structured as a tax-free merger, and accounted for as a pooling of interests, each of the approximately 18,680,918 outstanding shares of Merchants common stock will be exchanged for 0.7634 shares of Valley common stock. Three Merchants

directors will join the Valley Bancorp Board of Directors and all of Merchants’ senior officers will join the Valley management team. The combined banks will have $7.9 billion in assets and 125 branches in northern New Jersey and Manhattan. Valley will continue to operate the former Merchants branches as The Merchants Bank of NewYork, a Division of Valley National Bank. We share a similar operating culture focused on strong asset quality, customer service and earnings, and only 17 miles and the Hudson River separate our headquarters from most of Merchants’ customers. This proximity will enable Valley to expand its franchise into this economically viable, densely populated area while maintaining our super-community banking model. We expect this acquisition to generate sufficient cost savings to make it accretive to earnings during the first year. The merger is consistent with our Company’s strategy of highly focused growth within one hour of our headquarters in Wayne, New Jersey through new branches and acquisitions of other strong financial institutions. We are gratified by the overwhelming approval of the merger by both Valley and Merchants shareholders and extend our sincere thanks for your combined support and offer a special welcome to Merchants shareholders joining the Valley family. FINANCIAL STRENGTH Valley remains committed to superior performance. Our efficiency ratio of 45.23 percent maintained Valley’s position among the topperforming bank holding companies in the nation. Return on average assets of 1.72 percent and return on average equity of 20.28 percent for the year ended December 31, 2000 are also among the best ratios in the industry for bank holding companies in our peer group. ASSET QUALITY Valley also maintained an unyielding commitment to our traditional underwriting standards despite increased competition from both bank and non-bank lenders. Charge-offs, delinquencies and non-accrual loans as a percentage of outstanding loans remained low. At year-end, our non-performing loans were only 0.06 percent of total loans, again among the best of our peers.

Valley National Bancorp and Subsidiaries 2

Brought to you by Global Reports

CAPITAL ADEQUACY Valley continued to maintain a solid capital position necessary to support growth and diversification opportunities and generate shareholder value. Risk-based capital ratios were 10.83 percent for Tier 1 capital and 11.90 percent for total capital. Valley’s Tier 1 leverage ratio was 8.90 percent. These ratios were all well above regulatory “well-capitalized” requirements. Shareholders’ equity was $545.1 million at year-end, and will grow to approximately $657 million upon closing the Merchants Bank transaction. ENHANCED SHAREHOLDER VALUE Your Board of Directors announced a 5.0 percent stock dividend, issued May 16, 2000 to shareholders of record on May 5, 2000 at the 2000 Shareholders Meeting in April. In conjunction with the stock dividend, Valley also increased its regular annual cash dividend rate from $0.99 per share on an after-split basis to $1.04 per share. This represents an increase of 5.0 percent after adjusting for the effect of the stock dividend and increased cash dividend. Valley’s annual dividend rate has increased on a restated basis 1,200 percent from $0.08 per share in 1978. The regular cash dividend has never been reduced in the bank’s 73-year history, and the dividend has increased 30 times over the last three decades. UNPARALLELED CONVENIENCE With the opening of our 118th full-service branch in Lodi in 2000 plus six pending de novo branch offices, Valley continues to focus on the expansion of our traditional branch network. The re-design of our web site was also completed in 2000, providing additional convenience for Valley customers who prefer alternative delivery systems to meet their banking needs. In addition to providing access to V-BankWorks® , our Internet Banking service that allows customers to pay bills, transfer funds, obtain account information and send e-mail to our customer service department, www.valleynationalbank.com now includes a wide array of financial resources and information in a user-friendly format just a click away. Customers can also apply for Valley residential mortgages and automobile loans via the Internet. Valley remains dedicated to providing traditional, personalized banking service through our branch network. However, the Internet will facilitate the economical acquisition and retention of customers with busy lives and little time for branch transactions as well as those who live and work beyond the geographic boundaries of our franchise service area.

know-how and a dedication to superior customer service. Our progress over the past 74 years can be attributed to effective coordination and teamwork between staff who maintain customer contact and those responsible for internal operations and administrative functions. We believe that focus will continue to play a pivotal role in meeting and exceeding customer expectations while supporting growth, profitability and enhanced shareholder value. As the financial industry becomes increasingly regionalized and high-tech, low-touch in how it provides services, we believe Valley is strategically positioned to capitalize on opportunities across all lines of business. While others believe investing time and resources to promote personal banking relationships is inefficient and unproductive, we choose to follow a different approach. We will continue to emphasize this point of differentiation and focus on the fulfillment of our brand promise, Banking/Just like it’s supposed to be® . A VISION FOR THE FUTURE In an increasingly competitive financial marketplace, we believe that Valley’s ability to adhere to strict lending standards and performance measures while delivering the highest quality products and customer service in a cost-efficient manner will ensure our continued profitability and growth. We will continue to seek strategic acquisitions to grow our franchise as well as opportunities to expand our branch network by opening new offices where we see potential to add value. In 2000, we completed the acquisition of Hallmark Capital, an asset management firm, and Hallmark is already contributing to our non-interest income. As part of Valley’s Financial Services Division, we expect solid performance from Hallmark and the entire division, as we grow trust and asset management activities going forward. We are also exploring new opportunities in the leasing area and will be studying how the introduction of new insurance products could further enhance overall performance. New opportunities for revenue growth through the sale of Valley products to the Merchants customer base underscore our enthusiasm for this acquisition, one of our most exciting initiatives for the future. On behalf of our directors, the Valley management team and our valued employees, thank you for your continued support.

Gerald H. Lipkin Chairman of the Board, President and Chief Executive Officer

EXCEEDING CUSTOMER EXPECTATIONS Valley’s most valuable asset is its people. Our commitment to relationship banking requires a unique combination of financial

Valley National Bancorp and Subsidiaries 3

Brought to you by Global Reports

Valley People Make The Difference It’s all about people. First time homebuyers looking for the right mortgage. Parents concerned about the cost of educating their children. Entrepreneurs with new ideas and a need for capital. Established businesses with expansion plans. Families investing for a bright future. (left to right) Alan D. Eskow Executive Vice President and Chief Financial Officer Peter John Southway Executive Vice President Robert M. Meyer Executive Vice President Peter Crocitto Executive Vice President

At Valley, we are community lenders. Branch tellers. Customer service representatives. Trust and investment advisors. Mortgage processors. Meeting and exceeding the FINANCIAL NEEDS of the people and businesses in the ten-county northern New Jersey marketplace we serve. HIGHLY TRAINED, motivated and incented people who share a dedication to prompt, courteous service. Supported by a top-down commitment to finding INNOVATIVE SOLUTIONS provided through convenient delivery channels. This commitment underlies the strong, long-term relationships that benefit Valley customers and keep our people focused on delivering competitive, value-added products and services in a friendly, accessible environment. In turn, this CUSTOMER-SERVICE DRIVEN CULTURE helps Valley’s management and staff enhance shareholder value. Our success has been built on the experience and expertise of Valley’s people. Yet, it’s the personal KNOWLEDGE of the unique needs of Valley’s communities that sets our people apart. They are friends, neighbors and volunteers who live in the communities they serve and share the same values and concerns. At Valley, service means going one step further. Learning more about our customers and using that knowledge to MAKE A DIFFERENCE. Finding answers when others won’t take the time to ask questions. That’s Banking/Just like it’s supposed to be®.

Valley National Bancorp and Subsidiaries 4 Brought to you by Global Reports

Frank Cosentino, Vice President of Corporate and Government Banking, discusses Valley’s products and services at the New Jersey League of Municipalities Conference.

A CUSTOMER-SERVICE DRIVENCULTURE helps Valley’s management and staff enhance shareholder value.

SUPPORTED BY A TOP-DOWN COMMITMENT to finding innovative solutions. Meeting and exceeding the FINANCIAL NEEDS of the people and businesses in the ten-county northern New Jersey marketplace we serve.

Dennis O’Shea, Branch Manager of Valley’s Richfield Office, meets with a customer.

Valley National Bancorp and Subsidiaries 5

Brought to you by Global Reports

New Ways To Serve Changing times provide new challenges. Those challenges, in turn, create new opportunities to better serve the expanding financial needs of our marketplace. Valley continues to enhance its array of resources and delivery channels, balancing our commitment to meeting and exceeding customer expectations with our goal of growing fee-based income.

(left to right) Robert J. Mulligan First Senior Vice President Joseph A. Perconti President of Commonwealth All Service Title Agency Peter S. Hagerman President and Chief Executive Officer Hallmark Capital Management, Inc. Robert C. Kleiber President and Chief Executive Officer New Century Asset Management Inc.

During 2000, Valley completed the acquisition of HALLMARK CAPITAL MANAGEMENT, INC., an investment management firm that expands the capabilities of our asset management and trust services division, Valley Financial Services. Hallmark will complement NEW CENTURY ASSET MANAGEMENT, our wholly owned subsidiary acquired in 1999, because Hallmark is a value-oriented investment management firm that serves corporate and institutional investors in addition to individual investors. New Century is a growth-oriented firm that serves high net-worth individuals and small corporate accounts. In addition, Valley Financial Services provides ESTATE PLANNING, CUSTODIAL SERVICES and other traditional trust functions through our Trust Services Group. Third-party BROKERAGE SERVICES AND FINANCIAL PLANNING SERVICES for individuals are handled by INVEST Financial Corporation. All maintain Valley’s commitment to convenient, personalized service and offer customers the ability to match their specific needs with a full range of EXPERTISE AND EXPERIENCE. Today, there are many complex financial issues that must be addressed including cash flow, tax strategies, retirement and educational planning. Developing a comprehensive plan can help you ACHIEVE YOUR FINANCIAL GOALS and objectives. And Valley, through Hallmark, provides fee-based financial planning services to help you prepare a blueprint for your future. Finding new ways to help our customers succeed. After 74 years of service, Valley continues to evolve and grow, in tune with the times and the needs and desires of our marketplace.

Valley National Bancorp and Subsidiaries 6

Brought to you by Global Reports

Steve Erikson, Vice President at Hallmark Capital Management, Inc., assists a client with financial planning decisions.

Developing a comprehensive plan can help you ACHIEVE YOUR FINANCIALGOALS and objectives.

After 74 years of service, VALLEY CONTINUES TO EVOLVE AND GROW. Valley offers customers the ability to match their specific needs with a full range of EXPERTISE AND EXPERIENCE.

Kathleen Buske, Director of Investment Strategy at New Century Asset Management, Inc., is backed by a world of financial knowledge and information.

Valley National Bancorp and Subsidiaries 7

Brought to you by Global Reports

Valley Delivers (left to right) Barbara M. Mohrbutter Senior Vice President Wayne Fritsch Senior Vice President Peter T. Jackey Senior Vice President Lawrence E. Flack Senior Vice President Bernadette M. Mueller Senior Vice President

There’s more to superior customer service at Valley than a courteous and competent banker. We believe convenience counts. Convenience in the form of expanded delivery channels that allow Valley customers to bank by phone, in person or by computer. Accessing our full range of products and services when and where it’s most convenient. Confident that a friendly and knowledgeable Valley representative will be ready and able to provide assistance. In 2000, Valley opened a new office in Lodi, the 118th full-service branch in our network. The planning and design of six de novo branch offices in Cedar Grove, Chatham, Edgewater, Montvale, Mountainside and Union City was also initiated in 2000, as Valley continues to FOCUS ON THE EXPANSION of our traditional branch network. A newly relocated branch office in Ridgewood, plus seven new branches in Manhattan that we will acquire through our merger with Merchants will also further Valley’s MARKET PRESENCE. These additional offices will increase our branch network to 131 offices as we continue to explore potential new sites in communities throughout the ten northern New Jersey counties we serve. Our merger with Merchants Bank will also create opportunities in Manhattan and southern New York State as well. Our redesigned web site, www.valleynationalbank.com, offers more tools and special features to better serve Internet savvy consumers. ONLINE BANKING CONVENIENCE, combined with a wide range of financial information and resources, keep Valley on the LEADING EDGE OF TECHNOLOGY while maintaining our personalized approach to banking services. At Valley, we will continue to evolve our site to keep pace with customer expectations and PROVIDE CONVENIENCE, not to dazzle our marketplace with technology for technology’s sake. A customer service center with well-trained professional staff and extended hours helps Valley provide PEOPLE-DRIVEN SERVICE AND SOLUTIONS when it’s most convenient for you to bank. Handling more than three million calls this year, many received in the early morning or late evening hours, Valley’s customer service center clearly demonstrates that banking is more than a 9-to-5 proposition. BANKING ON YOUR TERMS. VALLEY MAKES IT EASY. Valley National Bancorp and Subsidiaries 8

Brought to you by Global Reports

(left to right) Executive Vice President Peter Crocitto, Lodi Mayor Gary Paparozzi, Chairman of the Board, President and Chief Executive Officer Gerald H. Lipkin and Branch Manager Joann Grotsky cut the ceremonial ribbon at the Grand Opening of Valley’s new Lodi office.

The planning and design of six de novo branch offices was initiated in 2000 as Valley continues to FOCUS ON THE EXPANSION of our traditional branch network.

Expanded delivery channels allow Valley customers to BANK BY PHONE, IN PERSON OR BY COMPUTER. Through our V-COINWORKS PROGRAM, we are adding coin counting/sorting machines in many of our branches to better serve you.

Customer Service Representative Cynthia Lombardi demonstrates the easy and convenient V-Coinworks machine.

Valley National Bancorp and Subsidiaries 9

Brought to you by Global Reports

Serving Consumers Personal banking relationships based on respect, trust and loyalty. A comprehensive and ever-expanding array of products and services. Traditional and technology-driven delivery channels in tune with changing needs and desires. Each day, the Valley team finds new and exciting ways to highlight our mission of service.

(left to right) Robert J. Farnon First Senior Vice President Edward L. Lawrence Senior Vice President Richard M. Seguine Senior Vice President Albert L. Engel First Senior Vice President

Valley branch offices now feature a customer relationship management system that helps us know and SERVE OUR CUSTOMERS in a personalized way. We are also implementing enhanced platform automation features that will provide even greater efficiency and convenience. Through our V-COINWORKS PROGRAM, we added coin counting/sorting machines in 62 of our branches to better serve you. New products are constantly being developed to meet the changing needs of our customers. GENERATIONS GOLD®, our value-added checking account offered exclusively by Valley in New Jersey, is helping individuals and families save on vacations, grocery bills, long distance telephone service, prescriptions and more. Valley is one of the first lenders in New Jersey to provide Fannie Mae’s Homestyle Mortgage Loans that enable borrowers to buy, build, improve and renovate homes at rates and terms that are both COST EFFECTIVE AND FLEXIBLE. Through an agreement with the United States Department of Agriculture, Valley now participates in the USDA Rural Leveraged Loan Program. In conjunction with the Rural Housing Service, Valley provides residential mortgage financing to low income borrowers in USDA designated rural areas in Hunterdon, Morris, Sussex and Warren counties. These SPECIALIZED LENDING PROGRAMS complement Valley’s full range of consumer loans and mortgages designed to help more families and individuals in our service area fulfill their dreams. PUTTING PEOPLE FIRST. THAT’S THE VALLEY WAY.

Valley National Bancorp and Subsidiaries 10

Brought to you by Global Reports

Customer Service Representative Kristen Marra makes helping people her top priority.

A customer service center with well-trained professional staff and extended hours help Valley provide PEOPLE-DRIVEN SERVICE AND SOLUTIONS.

Valley provides a comprehensive and EVER-EXPANDING ARRAY OF PRODUCTS AND SERVICES. Fannie Mae’s Homestyle Mortgage Loans enable borrowers to buy, build, improve and renovate homes at rates and terms that are both COST EFFECTIVE AND FLEXIBLE. Valley offers a wide range of mortgage options to help more people fulfill their dream of home ownership.

Valley National Bancorp and Subsidiaries 11

Brought to you by Global Reports

Serving Businesses Valley is a financial partner that takes the time to know our customers’ businesses. That familiarity, combined with the skill and creativity of our commercial and commercial real estate lending officers, helps Valley anticipate the needs of the business community and provide innovative and individualized solutions. (left to right) D. Franklin Larsen First Senior Vice President Robert E. Farrell First Senior Vice President John J. Murphy Senior Vice President Richard P. Garber First Senior Vice President John H. Prol Senior Vice President

By balancing customer needs, risk and market conditions, Valley has earned the loyalty and trust of businesses that appreciate the PERSONALIZED ATTENTION we deliver. Exceptional service, responsiveness and teamwork build mutually beneficial relationships that are the focal point of our COMMITMENT to true community banking. Valley’s commercial mortgage portfolio grew to historic levels in 2000. Local decision-making and quick turnaround supported that GROWTH and underscored our position as a leading New Jersey-based commercial lender. Small businesses have always been a PRIORITY at Valley. We offer a suite of products and services designed with their unique needs in mind. From SMALL BUSINESS CHECKING to our BUSINESS EZ-LINE, BUSINESS EZ LOANS and BUSINESS PARTNERS PROGRAM, no other bank in our service area takes more pride in their support of small businesses than Valley. HELPING BUSINESSES GROW AND PROSPER. AT VALLEY, YOU CAN BANK ON IT.

Valley National Bancorp and Subsidiaries 12

Brought to you by Global Reports

(right) Robert Chase, First Vice President of Commercial Lending, helps Scott Wright of Graphic Management, Inc. keep the presses rolling.

We offer a SUITE OF PRODUCTS AND SERVICES designed with the unique needs of small businesses in mind.

VALLEY ANTICIPATES THE NEEDS OF THE BUSINESS COMMUNITY and provides innovative and individualized solutions. Businesses appreciate the PERSONALIZED ATTENTION Valley delivers.

Robert Barrett, Vice President of Commercial Mortgages, helps Dr. James M. Lee do more for his patients in expanded new facilities.

Valley National Bancorp and Subsidiaries 13

Brought to you by Global Reports

Serving The Community There’s more to being a community bank than simply meeting regulatory requirements. It’s more than a financial commitment. And Valley’s people again make the difference. Through investments, grants and donations, Valley contributes to a better quality of life in the communities we serve. By supporting community-based organizations and non-profits that recognize areas of concern and lead programs and projects that address fundamental problems, Valley is contributing directly to local solutions.

(left to right) Carol B. Diesner Senior Vice President Kenneth W. Nickel Senior Vice President Alan D. Lipsky First Senior Vice President Garret G. Nieuwenhuis Senior Vice President Susan S. Pinn Senior Vice President

As dedicated community bankers, Valley employees view direct participation in charitable causes and initiatives as an extension of their professional responsibilities. PICKING UP A HAMMER to assist Habitat for Humanity in Paterson is as natural as opening up a checking account. RAISING FUNDS for lifesaving defibrillators is given the same priority as providing a home equity loan. In times of natural disaster, Valley has been there for community members to help get their lives back on track. OUR STORM RELIEF LOAN PROGRAM provided discounted loan rates and quick approval to homeowners and businesses in Morris and Sussex counties within hours of last summer’s devastating floods. Working cooperatively with groups like New Community Corporation in Newark and the Housing Partnership for Morris County, Valley’s AFFORDABLE HOUSING GRANTS and Community Loan programs have made the dream of home ownership possible for many families in need while also supporting the revitalization of communities throughout our service area. From our Chairman, honored by New Jersey Citizen Action for his compassionate leadership and community focus, to the branch personnel who pounded the pavement in a walkathon sponsored by the American Heart Association, VALLEY PEOPLE ARE PASSIONATE in their support of myriad community causes. This shared concern is not only good for our communities—it’s good business as well. CONCERNED AND CARING PEOPLE define Valley’s mission and help set us apart from other financial institutions. VALLEY CARES ABOUT COMMUNITIES. Valley National Bancorp and Subsidiaries 14

Brought to you by Global Reports

Franklin Bollhorst, Senior Vice President of Commercial Mortgages, helped the Bergen County Community Action Program, Inc. find a new home for the county’s largest Head Start program.

CONCERNED AND CARING PEOPLE define V alley’ s mission and help set us apart from other financial institutions.

VALLEY PEOPLE ARE PASSIONATE in their support of a myriad of community causes. OUR STORM RELIEF PROGRAM provided discount rates and quick approval to homeowners and businesses in Morris and Sussex counties within hours of this summer’s devastating floods. Assisting homeowners and businesses in Sparta and Jefferson victimized by raging floodwaters demonstrates Valley’s commitment to the communities we serve.

Valley National Bancorp and Subsidiaries 15 Brought to you by Global Reports

Consolidated Statements Of Financial Condition December 31,

2000

1999

(in thousands, except for share data)

Assets Cash and due from banks Federal funds sold Investment securities held to maturity, fair value of $294,801 and $318,329 in 2000 and 1999, respectively Investment securities available for sale Loans Loans held for sale Total loans Less: Allowance for loan losses Net loans Premises and equipment, net Accrued interest receivable Other assets Total assets Liabilities Deposits: Non-interest bearing Interest bearing: Savings Time Total deposits Short-term borrowings Long-term debt Accrued expenses and other liabilities Total liabilities

$ 186,720 50,000 333,424 1,035,769 4,643,487 17,927 4,661,414 (53,735) 4,607,679 85,394 39,656 87,195 $6,425,837

$ 161,561 123,000 351,501 1,005,419 4,542,567 12,185 4,554,752 (55,120) 4,499,632 84,790 35,504 98,987 $6,360,394

$1,018,479

$ 931,016

1,982,482 2,122,756 5,123,717 108,022 591,808 57,216 5,880,763

2,018,530 2,101,709 5,051,255 129,065 564,881 61,693 5,806,894

—

—

Commitments and contingencies Shareholders’ Equity Preferred stock, no par value, authorized 30,000,000 shares; none issued Common stock, no par value, authorized 108,527,344 shares; issued 60,540,047 shares in 2000 and 60,621,040 shares in 1999 Surplus Retained earnings Unallocated common stock held by employee benefit plan Accumulated other comprehensive loss Treasury stock, at cost (502,471 shares in 2000 and 927,750 shares in 1999) Total shareholders’ equity Total liabilities and shareholders’ equity See the consolidated financial statements and accompanying notes presented in Item 8 of the Company’s SEC Form 10-K.

Valley National Bancorp and Subsidiaries 16

Brought to you by Global Reports

25,886 324,300 213,362 (775) (4,923) 557,850 (12,776) 545,074 $6,425,837

25,943 325,147 244,605 (965) (16,733) 577,997 (24,497) 553,500 $6,360,394

Consolidated Statements Of Income Years ended December 31,

2000

1999

1998

$372,695

$339,438

$330,701

74,851 7,126 2,878 3,303 460,853

74,381 7,364 2,403 3,949 427,535

63,430 8,281 1,946 6,935 411,293

47,950 112,955 6,427 35,424 202,756 258,097 6,130 251,967

41,358 102,154 2,968 22,697 169,177 258,358 9,120 249,238

46,833 109,228 2,791 8,806 167,658 243,635 12,645 230,990

Non-Interest Income Trust and investment services Service charges on deposit accounts Gains on securities transactions, net Fees from loan servicing Credit card fee income Gains on sales of loans, net Other Total non-interest income

3,563 16,486 355 10,902 8,403 2,227 8,947 50,883

2,414 14,468 2,532 8,387 8,655 2,491 8,305 47,252

1,813 14,019 1,419 7,382 10,153 4,863 5,725 45,374

Non-Interest Expense Salary expense Employee benefit expense FDIC insurance premiums Net occupancy expense Furniture and equipment expense Credit card expense Amortization of intangible assets Advertising Merger-related charges Other Total non-interest expense Income Before Income Taxes Income tax expense Net Income

62,847 13,774 1,037 12,651 9,289 5,032 7,611 4,529 — 24,243 141,013 161,837 55,064 $106,773

58,339 13,645 1,239 11,943 8,370 5,070 5,255 5,178 3,005 25,902 137,946 158,544 52,220 $106,324

56,717 13,143 1,301 13,740 9,037 9,066 5,666 4,677 4,539 26,827 144,713 131,651 30,380 $101,271

$1.76 1.75

$1.67 1.65

$1.57 1.55

60,561,075 61,108,974

63,732,045 64,370,957

64,428,341 65,294,355

(in thousands, except for share data)

Interest Income Interest and fees on loans Interest and dividends on investment securities: Taxable Tax-exempt Dividends Interest on federal funds sold and other short-term investments Total interest income Interest Expense Interest on deposits: Savings deposits Time deposits Interest on short-term borrowings Interest on long-term debt Total interest expense Net Interest Income Provision for loan losses Net Interest Income After Provision for Loan Losses

Earnings Per Share: Basic Diluted Weighted Average Number of Shares Outstanding: Basic Diluted

See the consolidated financial statements and accompanying notes presented in Item 8 of the Company’s SEC Form 10-K.

Valley National Bancorp and Subsidiaries 17

Brought to you by Global Reports

Board of Directors

(front row–left to right) Pamela Bronander Executive Vice President Scandia Packaging Machinery Company Joseph Coccia, Jr. President Coccia Development, Inc. Graham O. Jones Partner Jones & Jones, Esqs. Gerald H. Lipkin Chairman of the Board, President and Chief Executive Officer

Wilma Falduto Assistant Secretary Leonard J. Vorcheimer Principal LJV Enterprises Joleen J. Martin President CPTest Services, Inc.

Joseph L. Vozza President Joseph L. Vozza Administrative Services, Inc. Walter H. Jones, III Retired Barnett Rukin Chief Executive Officer SLX Capital Management

(second row–left to right) Robert Rachesky Retired

Austin C. Drukker President Blairstown, LLC

Willard L. Hedden Retired

Peter Southway Vice Chairman

Gerald Korde President Birch Lumber Company, Inc.

Valley National Bancorp and Subsidiaries 18

Brought to you by Global Reports

(third row–left to right) Richard S. Miller, Esq. President Williams, Caliri, Miller & Otley Harold P. Cook, III Attorney-at-Law Cook & Rumana Andrew B. Abramson President and Chief Executive Officer TheValue Group, Inc. Robert E. McEntee Business Consultant Richard F. Tice Retired

75 Years of Service

(left) Peter Southway, Vice Chairman and Gerald H. Lipkin, Chairman of the Board, President and Chief Executive Officer

We have designed the cover of this year’s Annual Report to commemorate the contributions of Gerald H. Lipkin and Peter Southway to Valley’s continued success and growth. Silver and gold. Symbols of prosperity. Synonymous with the highest standards. Emblematic of excellence. As our Chairman and Vice Chairman celebrate their Silver and Gold Anniversaries at Valley, we celebrate their combined 75 years of service. In a time when many people have difficulty remembering the name of their bank, let alone the individuals who lead it, Gerald H. Lipkin and Peter Southway have provided continuity and commitment that help set Valley apart. As we strive to deliver superior banking products and services and contribute to the quality of life in our communities, their example serves as inspiration to Valley’s managers and employees each day. Congratulations and thanks to Mr. Lipkin and Mr. Southway.

Valley National Bancorp and Subsidiaries 19

Brought to you by Global Reports

Officers and Directors VALLEY NATIONAL BANCORP

VALLEY NATIONAL BANK

Gerald H. Lipkin Chairman of the Board, President and Chief Executive Officer

Officers Gerald H. Lipkin Chairman of the Board, President and Chief Executive Officer

Peter Southway Vice Chairman Peter Crocitto Executive Vice President Alan D. Eskow Executive Vice President and Chief Financial Officer Robert M. Meyer Executive Vice President Peter John Southway Executive Vice President Jack M. Blackin Senior Vice President and Assistant Secretary Wilma Falduto Assistant Secretary VALLEY NATIONAL BANCORP/ VALLEY NATIONAL BANK Board of Directors Andrew B. Abramson Pamela R. Bronander Joseph Coccia, Jr. Harold P. Cook, III Austin C. Drukker Willard L. Hedden Graham O. Jones Walter H. Jones, III Gerald Korde Gerald H. Lipkin Joleen J. Martin Robert E. McEntee Richard S. Miller, Esq. Robert Rachesky Barnett Rukin Peter Southway Richard F. Tice Leonard J. Vorcheimer Joseph L. Vozza

Peter Southway Vice Chairman Executive Vice Presidents Peter Crocitto Robert M. Meyer Peter John Southway Executive Vice President and Chief Financial Officer Alan D. Eskow First Senior Vice Presidents Albert L. Engel Robert J. Farnon Robert E. Farrell Richard P. Garber D. Franklin Larsen Alan D. Lipsky Robert J. Mulligan John H. Prol Senior Vice Presidents Jack M. Blackin Laura Blackwell Franklin Bollhorst Carol B. Diesner Lawrence E. Flack Wayne Fritsch Peter T. Jackey Edward L. Lawrence Barbara Mohrbutter Bernadette M. Mueller John J. Murphy Kenneth W. Nickel Garret G. Nieuwenhuis Susan S. Pinn Richard M. Seguine Thomas Sparkes

Valley National Bancorp and Subsidiaries 20

Brought to you by Global Reports

Senior Vice President and General Counsel Lucinda P. Long Senior Vice President and Trust Officer Thomas D. Pearsall First Vice Presidents Robert J. Chase Christopher Coiley Elizabeth Delaney Dorothy Kahlau William Kamski Jeffrey Kramer Susan Milch Christine Mozer Andrea T. Onorato Marianne Potito Robert B. Rose Harry Rosen Alfred Sorrentino, Jr. Robert Stanton Joseph A. Telinbacco Brian Tish Robert Vliet COMMONWEALTH ALL SERVICE TITLE AGENCY Joseph A. Perconti President HALLMARK CAPITAL MANAGEMENT, INC. Peter S. Hagerman President and Chief Executive Officer NEW CENTURY ASSET MANAGEMENT CORPORATION Robert C. Kleiber President and Chief Executive Officer

Advisory Boards AUTO DEALER ADVISORY BOARD P. Russell Bodrato President All-Brands Auto Sales, Inc. Irwin Burack President Burack Chevrolet-Oldsmobile, Inc. Steven K. Cooper President Jack Trebour Ford Suzuki Sanford Dorf President D & C Chevrolet Company Henry Fette President Fette Ford, Inc. Lawrence T. Fette President Fette Imports, Inc. Paul Franzetti President Lakeview Motors, Inc. Kenneth Gensinger President Gensinger Motors Nicholas Hagedoorn President Borough Jeep/Eagle Chrysler/Plymouth, Inc.

John S. Merriam President Gearhart Chevrolet, Inc.

Grace Bielefeldt President Bee Paper Company, Inc.

Donald Lesser Vice President Pine Lesser & Sons

Eugene C. Meyers President Hawthorne Auto Sales Company

Milton Brown Accountant

Robert Lieberman President All-Ways Advertising Company

Fred J. Meyers President Preakness Chevrolet, Inc. Frank Nappa President Wayne Auto Sales, Inc. Dennis C. Oberle Vice President Mahwah Sales & Service, Inc.

Dorothy Druian President Brookdale Shop-Rite, Inc.

John V. McGrane Partner McGrane Mortgage Company

David R. Porter Vice President Bell Imports Ltd.

Stanley Lee Gottlieb President The Diamond Agency

Jeffrey Moll President and Chief Executive Officer Passaic Beth Israel Hospital

Robert X. Robertazzi President Liberty Lincoln-Mercury, Inc.

Arthur S. Gurtman Consultant

Patrick Mucci, Jr. President Group Advisory, Inc.

James A. Salerno President Jim Salerno Pontiac Buick GMC Clifford Schlein President Colonial Buick, Inc.

Lee M. Horner President Wyman Ford, Inc.

Robert A. Senior President Three County Volkswagen Corporation

Sanford Kalb Retired

Peter A. Spina President Wayne Motors, Inc. H. Bruce Wainwright President Butler Chrysler Plymouth Jeep, Inc.

Joseph Guttilla President Chopper Express, Inc. Gordon M. Hahn President Charles F. Hahn, Inc. Mitchell Herman President Service Fabrics, Inc. Lester F. Herrschaft Treasurer Albert A. Stier, Inc. Charles Infusino President Little Falls Shop-Rite, Inc. Edna Kanter President Passaic-Clifton Driv-Ur-Self System, Inc.

CENTRAL REGIONAL ADVISORY BOARD

Jack Kaplowitz Chairman Birch Lumber Company

Gerald A. Lustig President Acura of Denville

Steven Alexander, M.D. Physician Advisor TheValley Health System

Carolyn Kessler President Kessler Industries, Inc.

Samuel A. Magarino President S & M Pontiac Buick, Oldsmobile, GMCTruck, Inc.

George Bean President The George Bean Co.

Marc J. Lenner Associate Lester M. Entin Associates

Valley National Bancorp and Subsidiaries 21

Brought to you by Global Reports

Anthony J. Mazzone President Innovation Data Processing, Inc.

Phil Forte President PRF Inc. t/a Sandy Hill Building Supply Co.

Jeffrey Schlein President Jack Schlein Buick, Inc.

Stuart Lasser President Saturn of Denville/Morristown/Livingston

Morris Diamond Chairman The Diamond Agency

Anthony J. Marino President Century 21 Construction Corporation

Mark W. Porcaro President Pro-Chevrolet Cadillac, Inc.

Leonard Haiken President Prestige Imports, Inc.

Allan Kaytes President Kaytes Ford, Inc.

Melvin Cohen President Handi-Hut, Inc.

Roy G. Meyer, Sr. President Elmwood Supply Company, Inc.

Gabriel L. Papera Treasurer Allstate Can Corporation George Poydinecz Developer Joshua Rabinowitz Consultant Vincent Riviello Vice President KTI New Jersey Fibers, Inc. Gerd Rohmert President Mayer Textiles Machine Corporation Neal Schuman President Arthur Schuman, Inc. Elliott Taradash Secretary/Treasurer Chelton Realty, Inc. EASTERN REGIONAL ADVISORY BOARD Carmen B. Alecci Chief Executive Officer West Hudson Hospital JoAnn Andriola Vice President Book Chevrolet Buick, Inc.

Advisory Boards Gary D. Bennett, Esq. Koch, Koch & Bennett Gilbert Buchalter President Pharmaceutical Innovations, Inc. Thomas Cifelli President Cifelli Associates John Coffey, Esq. Attorney-at-Law Francis Costenbader, Esq. Attorney-at-Law Charles Cumella President Fedco Steel Corporation Andrew Fiore, Jr. President AWF Leasing Corporation

Joseph Melone Vice President San Carlo Restaurant

Donald N. Dinallo President Terminal Construction Corporation

Alvin Singer President Singer Nelson Charlmers

David Newton President Newrent, Inc.

Bernard Dorfman, Esq. Attorney-at-Law

Albert Skoglund President Hiller & Skoglund, Inc.

Robert A. Nicosia Chairman Universal Bonding Insurance Co. Joseph Petito Owner Sunset Deli & Liquors Peter Pfaff Chairman Pfaff Tool & Manufacturing, Inc. Licinio Silva President Silva & Silva, Inc.

John E. Garippa, Esq. Attorney-at-Law

Maria Silva President European Travel Agency

Alan Golub President Modern Electric Co.

Pasquale P. Tremonte President Fulton Building Co., Inc.

Peter A. Goodman President Goodman Sales Co., Inc.

Richard Tully President Kearny Shop Rite

Harvey Hankin Consultant

William Van Ness President Van Ness Plastic Molding Co.

Charles B. Hummel President Hummel Machine & Tool Co. Robert Kuhl President J. Kuhl Metals, Inc.

Harold Effron Effron Realty Associates Leon Finver President Continental/Marmorstein Agency, Continental Agency of Florida, Inc. Judith Greenberg President Heritage Management Co. Arthur Joseph Vice President Krass-Joseph, Inc. Robert W. Landzettel President Lazon Paint & Wallpaper Co.

NORTHERN REGIONAL ADVISORY BOARD

Joseph LaScala President Bell Mill Construction Co., Inc.

Donald Aronson President Donald Aronson Consulting Group

Alan Lambiase Director of Sales & Marketing River Terminal Development Co.

Donald W. Barney Retired Vice President/Treasurer Union Camp Corporation

Thomas J. Lazur President National Siding Corporation

Stanley Berenzweig Chairman Rag Shops, Inc.

John J. Martello President John J. Martello, Inc.

Peter Damon Brown Chief Executive Officer Heather Hill Sportswear

Thomas Martin Vice President CPTest Services, Inc.

Michael D’Agostino President Zuckerberg’s Industrial Park

Arthur M. Weis President Capintec, Inc. Richard H. Weisinger, Esq. Fischer, Weisinger, Caliguire & Porter SOUTHERN REGIONAL ADVISORY BOARD Alan Braunstein President Worldwide Wholesale Floor Coverings, Inc.

Lawrence Levy, Esq. Marcus & Levy

Bernard Burkhoff Chairman The Real Estate Investment Group

Anthony F. Marangi Vice President CD 400 Enterprises John Nakashian President H.H. Nakashian & Sons Kenneth Olsen President Glatt Air Techniques, Inc. Hal Parnes President The Parnes Company

Frederick L. Cohen Certified Public Accountant Cohen, Friedman, Dorman & Co. William Cohen President Golightly Candy Company Anthony Costa Restauranteur Jack Felicio President Rhombus Software, Inc. Gerald B. Green Consultant

Richard Pearson President Fleet Equipment Co.

Steven R. Gross President Tyser Metro & Company

James R. Poole President Poole & Company

Kenneth Jayson President Jayson Oil Company

Robert J. Shannon, Jr. Administrator Township of Wyckoff

Herbert Lefkowitz Chairman Consolidated Simon Distributors, Inc.

Alfred Simon Certified Public Accountant

Valley National Bancorp and Subsidiaries 22

Brought to you by Global Reports

Marvin Van Dyk Chairman, Secretary and Treasurer Van Dyk Health Care, Inc.

Burton Lerner President Tenavision, Inc.

Stewart C. Libes Consultant

J. Scott Wright President Graphic Management, Inc.

Samuel Toscano, Jr. Chairman and Chief Executive Officer Neuman Distributors, Inc.

Advisory Boards George Hagemeister Consultant

WEST ESSEX REGIONAL ADVISORY BOARD

Jackie Harrison Executive Director Center For Humanistic Change

Sanford D. Axelband President The Hamilton Group

Robert A. Hopler President Stroud-Hopler, Inc.

David M. Collins Owner Carriage House Bed & Breakfast

Tino Rosa Rosa Agency, Inc.

Gilbert R. Jacobs President JA-BAR Silicone Corporation

Thomas D. Collins Hardware Consultant

Anthony Sa President Sa & Sons Construction Company, Inc.

Joel A. Kobert, Esq. Courter, Kobert, Laufer & Cohen

Theodore Schiller Partner Schiller & Sasso, P.C.

Joseph Kubert President The Joe Kubert School of Cartoon & Graphic Art, Inc.

Marvin H. Strauss Chairman Newark Chapter Service Corps of Retired Executives (SCORE)

Dennis C. Kwasnik President Tee Pee Packaging, Inc.

Seymour Litwin President Prudential Pioneer Real Estate Lawrence J. Massaro President Lordina Builders, Inc. Cosimo Pedicini President CEPS Construction Co.

Sanford C. Vogel, Esq. Vogel & Gast

James Luke Grove Associates

WESTERN REGIONAL ADVISORY BOARD

David Madden President Permaquid Underwriting Brokerage, Inc.

Edward F. Boscia President J.B. Ward & Sons, Inc.

William H. McNear President McNear Excavating, Inc.

Albert Burlando President Almetek Industries, Inc.

Kathleen Medore President National Fruit & Essences, Inc.

Vincent D’Accardi Owner Lake Developers

Ronald Petillo President Petillo Enterprises, Inc.

Robert Dickman President Dickman Business Brokers

Roy Solondz President Roxbury Mortgage Co., Inc.

Paul Dunajchuk Vice President Roxbury Water Co.

Robert Viersma President Bob Viersma & Sons, Inc.

Thomas D. Farkas President Herbert L. Farkas Company

Stella Visaggio Chief Financial Officer Hackettstown Community Hospital

Eugene Feyl President E-F Food Systems, Inc.

Henry M. Winstead President H&WTool Company, Inc.

Alan Goldstein, Esq. Nussbaum, Stein, Goldstein & Bronstein

Patrick D’Angola President ARCS Fabricators, Inc. Joseph J. DeLuccia, Esq. Attorney-at-Law Kenneth Elkin President KG Specialty Steel, Inc. Nicholas S. Gentile, Jr. President Pompton Lakes Building Supply Co. Jay Gerish President J. Gerish, Inc. Donald Gottheimer President D & B Wholesale Cosmetics, Inc.

Robert Ringley Vice President Ber Plastics, Inc. Stacey Rudbart Associate Vice President Morgan Stanley Dean Witter Ben Sher President Sher Distributing Co., Inc. Dr. Arnold Speert President William Paterson University Robert J. Topchik Consultant Richard Ullman President National Prescription Administrators, Inc. Salvatore Valente President Bildisco Manufacturing Co., Inc. Community CRA Advisory Committee John Atlas, Esq. Passaic County Legal Aid Society

Ronald Higgins Vice President and Owner RLM Insurance Agency

Barbara Dunn Executive Director Paterson Habitat For Humanity

Frank Kobola Managing Partner Kobrun Investments

John Griffith Regional Public Affairs Manager Public Service Electric & Gas Company

Gary Len President/Investments GRL Advisors

Joseph Masciandaro President and Chief Executive Officer Care Plus NJ, Inc.

Richard Len Vice President GRL Advisors

Rev. Earl Modean Former Pastor, First Lutheran Church, Clifton Housing Advocate & Non-Profit Development/Organizer

Sanford Levine President Sanford Levine & Sons Packaging Corp. William J. Lloyd Retired Funeral Director Charles A. Lota Certified Public Accountant Saul Lupin, CPA Senior Partner Smolin, Lupin & Company, PA

Valley National Bancorp and Subsidiaries 23

Brought to you by Global Reports

Solomon Masters President ERA Masters Realty

Victoria E. Taylor Executive Director Martin Luther King, Jr. Senior Center Ellen Ziff Director of Health First Passaic Beth Israel Hospital

Shareholder Information CORPORATE ADDRESS Valley National Bancorp 1455 Valley Road Wayne, New Jersey 07470 (973) 305-8800 STOCK LISTING Valley National Bancorp common stock is traded on the New York Stock Exchange under the symbol VLY. ANNUAL REPORT/FORM 10-K Persons may obtain a copy of Valley National Bancorp’s 2000 Annual Report or Form 10-K by submitting a request in writing to: Dianne M. Grenz Vice President Shareholder Relations Department Valley National Bancorp 1455 Valley Road Wayne, New Jersey 07470 [email protected]

FINANCIAL INFORMATION Investors, security analysts and others seeking financial information should submit a request in writing to: Alan D. Eskow Executive Vice President and Chief Financial Officer Valley National Bancorp 1455 Valley Road Wayne, New Jersey 07470 SHAREHOLDER INQUIRIES, DIVIDEND REINVESTMENT PLAN, AND REGISTRAR AND TRANSFER AGENT For information regarding share accounts of common stock or Valley’s Dividend Reinvestment Plan, please contact the Registrar and Transfer Agent or Valley National Bancorp: American Stock Transfer & Trust Company 40 Wall Street NewYork, New York 10005 Attn: Shareholder Relations Department (800) 937-5449 Dividend Reinvestment Plan (800) 278-4353 Valley National Bancorp Attn: Shareholder Relations Department (800) 522-4100, ext. 3380 (973) 305-3380

Dianne M. Grenz Vice President Shareholder Relations

(left to right) Spencer B. Witty, Chairman of the Board, Stephen A. Barrow, Executive Vice President, Eric W. Gould, Executive Vice President and Treasurer, James G. Lawrence, President and Chief Executive Officer, William J. Cardew, Vice Chairman and Chief Operating Officer In January 2001, Valley will complete the merger with Merchants New York Bancorp, Inc., the holding company for The Merchants Bank of New York. Valley will continue to operate the seven former Merchants branches in Manhattan as The Merchants Bank of New York, a Division of Valley National Bank. We welcome the management and employees of Merchants to the Valley family, and look forward to providing the same courteous and knowledgeable service Merchants customers have come to expect and appreciate, plus a wider choice of new consumer and commercial banking products and services.

Valley National Bancorp and Subsidiaries 24

Brought to you by Global Reports

Branch Locations 118 Branches Located in 78 Communities BERGEN COUNTY Bogota 325 Palisade Avenue Elmwood Park 80 Broadway Englewood 80 West Street 41-43 Palisade Avenue Fair Lawn 31-00 Broadway 20-24 Fair Lawn Avenue 139 Lincoln Avenue Fort Lee 2180 Lemoine Avenue 2160 Lemoine Avenue 1372 Palisade Avenue Hackensack 3 University Plaza Hillsdale 24 Broadway Ho-Ho-Kus 18 Sycamore Avenue Lodi 147 Main Street Lyndhurst 456 Valley Brook Avenue Midland Park 207 Franklin Avenue

Paramus Bergen Mall, Route 4 and Forest Avenue Fashion Center, Route 17 and Ridgewood Avenue 80 East Ridgewood Avenue East 58 Midland Avenue

Nutley 371 Franklin Avenue 171 River Road & Park Avenue

Ramsey 10 South Franklin Turnpike

HUDSON COUNTY

Ridgefield 868 Broad Avenue Ridgewood 44 Godwin Avenue Rochelle Park 405 Rochelle Avenue Tenafly 85 County Road Waldwick 67 Franklin Turnpike

West Caldwell 1059 Bloomfield Avenue 540 Passaic Avenue

Bayonne 522 Broadway & East 24th St. East Newark 710 North 4th Street Harrison 433 Harrison Avenue Kearny 100 Central Avenue 256 Kearny Avenue 72-80 Midland Avenue North Bergen 8901 Kennedy Boulevard

Watchung 672-6 Somerset Street SUSSEX COUNTY

Parsippany Arlington Plaza, 800 Route 46 120 Route 46 West (Baldwin Road) Riverdale 72 Hamburg Turnpike Succasunna 250 Route 10

Branchville Branchville Square Franklin 288 Route 23 Fredon 410 Route 94 at Willows Road Sparta 7 Woodport Road

Belleville 22 Bloomfield Avenue 381 Franklin Avenue 237 Washington Avenue

West New York 5712 Bergenline Avenue

Little Falls 171 Browertown Road

UNION COUNTY

MIDDLESEX COUNTY

Bloomfield 548 Broad Street 1422 Broad Street

South Plainfield 100 Durham Avenue

North Haledon 5 Sicomac Road 475 High Mountain Road

ESSEX COUNTY

Livingston 73 South Livingston Avenue 531 South Livingston Avenue Maplewood 142 Maplewood Avenue 740 Irvington Avenue

Budd Lake 202 Route 46 & Mt. Olive Road 342 Route 46 West Butler Meadtown Shopping Center, Route 23 South Chester 151 Route 206

Newark 167 Bloomfield Avenue Ferry Plaza Shopping Center, 289 Ferry Street 784 Mount Prospect Avenue

Dover 100 East Blackwell Street

North Caldwell 9 Bloomfield Avenue

Jefferson Township 715 Route 15 South

East Hanover Route 10 West & Murray Road

Passaic 211 Main Avenue 615 Main Avenue 128 Market Street 545 Paulison Avenue 506 Van Houten Avenue

Vernon Vernon Plaza, 538 Route 515

Clark 76 Central Avenue Roselle Park 1 West Westfield Avenue Scotch Plains 1922 Westfield Avenue Union 2784 Morris Avenue

Pompton Lakes 516 Wanaque Avenue

Westfield 801 Central Avenue

Wayne 1501 Hamburg Turnpike 64 Mountain View Boulevard 1504 Route 23 North 1445 Route 23 South 1200 Preakness Avenue 1400 Valley Road 200 Black Oak Ridge Road 1445 Valley Road 1345 Willowbrook Mall, Main Mall Entrance

WARREN COUNTY

Valley National Bank Telephone Banking Center: 1-800-522-4100 Web Site Address: valleynationalbank.com

Brought to you by Global Reports

North Plainfield 1334 Route 22

Secaucus 40 Meadowlands Parkway 3 Mill Creek Drive

New Milford 243 Main Street

Oradell 350 Kinderkamack Road

Morristown 10 Madison Avenue

Green Brook 302-306 Route 22 West

Tranquility Route 517 and Kennedy Road

Fairfield 167 Fairfield Road One Passaic Avenue

Oakland 350 Ramapo Valley Road

Morris Plains 51 Gibraltar Drive

SOMERSET COUNTY

Clifton 6 Main Avenue 505 Allwood Road 925 Allwood Road 1006 Route 46

Wyckoff 356 Franklin Avenue

Moonachie Moonachie Road and East Joseph Street

Northvale 151 Paris Avenue

Mine Hill 271-273 Route 46

PASSAIC COUNTY

MORRIS COUNTY

North Arlington 629 Ridge Road

Landing 115 Center Street

Belvidere Route 46 at Route 519 Blairstown 128 Route 94 Hackettstown 105 Mill Street

1455 Valley Road Wayne, New Jersey 07470 (973) 305-8800 valleynationalbank.com

Brought to you by Global Reports