Item 8.01 Other Events.

On June 2, 2009, Valley National Bancorp ("Valley") announced that it received approval from the U.S. Department of the Treasury for its request to redeem $75 million of Valley's $300 million in Series A Preferred Stock issued to the Treasury pursuant to the Capital Purchase Program. On June 3, 2009, Valley will pay approximately $75.2 million to the Treasury to repurchase the preferred stock, including accrued and unpaid dividends for these shares. Valley's redemption of the shares is not subject to additional conditions or stipulations from the Treasury.

Item 9.01 Financial Statements and Exhibits.

Exhibit 99 Press Release dated June 2, 2009. The Press Release disclosed in this Item 9.01 as Exhibit 99 shall be considered "furnished" but not "filed" for purposes of the Securities Exchange Act of 1934, as amended.

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