Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ESKOW ALAN D
   2. Issuer Name and Ticker or Trading Symbol
VALLEY NATIONAL BANCORP [VLY] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior EVP & CFO
(Last)
(First)
(Middle)
1455 VALLEY ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
06/13/2011
(Street)

WAYNE, NJ 07470-		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) (4) 06/13/2011   F   1,233 (2) D $ 13.04 150,976 D  
Common Stock               987 I (1) Ira/wife
Common Stock (401k Plan)               3,800 D (3)  
Common Stock (Roth IRA)               8,925 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option/NQ $ 12.5             11/15/2011 11/15/2020 Common Stock 20,162   20,162 D  
Stock Option/NQ $ 16.22             11/27/2002 11/27/2011 Common Stock 13,295   13,295 D  
Stock Options $ 16.98             11/18/2003 11/18/2012 Common Stock 13,081   13,081 D  
Stock Options $ 19.8             11/17/2004 11/17/2013 Common Stock 17,729   17,729 D  
Stock Options $ 19.88             11/16/2005 11/16/2014 Common Stock 16,887   16,887 D  
Stock Options $ 18.41             11/14/2006 11/14/2015 Common Stock 19,430   19,430 D  
Stock Options $ 20.14             11/13/2007 11/13/2016 Common Stock 21,059   21,059 D  
Stock Options $ 15.38             02/12/2009 02/12/2018 Common Stock 20,057   20,057 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ESKOW ALAN D
1455 VALLEY ROAD
WAYNE, NJ 07470-		       Senior EVP & CFO  

Signatures

 /s/ ALAN D. ESKOW   06/21/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Adjusted for additional shares acquired through Dividend Reinvestment Plan.
(2) Shares withheld for payment of tax liability on restricted stock vesting.
(3) Holdings under the Valley 401K Plan has been updated to reflect reporting person's balance in the Plan.
(4) Valley National Bancorp declared a 5% stock dividend on April 13, 2011, to shareholders of record on May 6, 2011, payable May 20, 2011.

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