Sec Form 4 Filing - MILLER RICHARD S @ VALLEY NATIONAL BANCORP - 2008-07-01

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 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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1. Name and Address of Reporting Person MILLER RICHARD S 2. Issuer Name and Ticker or Trading Symbol VALLEY NATIONAL BANCORP [ VLY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1455 VALLEY ROAD 3. Date of Earliest Transaction (MM/DD/YY) 07/01/2008 (Street) WAYNE, NJ07470- 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/01/2008 J( 1 ) 2,817 A $ 0 ( 1 ) 21,113 ( 2 ) D Common Stock (held jointly with spouse) 07/01/2008 J( 1 ) 5,298 A $ 0 ( 1 ) 35,092 D IRA 07/01/2008 J( 1 ) 7,546 A $ 0 ( 1 ) 32,265 D Common Stock 07/01/2008 J( 1 ) 495 A $ 0 ( 1 ) 7,904 I BY WIFE Common Stock 2,243 I CORPORATION

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 Warrants (Right to buy) $ 19.01 07/01/2008 J( 1 ) 296 07/01/2010 06/30/2015 Common Stock 296 $ 0 296 D Warrants -Right to buy (for IRA Plan) $ 19.01 07/01/2008 J( 1 ) 794 07/01/2010 06/30/2015 Common Stock 794 $ 0 794 D Warrants -Right to buy (Joint with Spouse) $ 19.01 07/01/2008 J( 1 ) 557 07/01/2010 06/30/2015 Common Stock 557 $ 0 557 D Warrants -Right to buy (for Spouse) $ 19.01 07/01/2008 J( 1 ) 52 07/01/2010 06/30/2015 Common Stock 52 $ 0 52 I BY WIFE

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MILLER RICHARD S 1455 VALLEY ROAD WAYNE, NJ07470- X Signatures RICHARDSMILLER 08/13/2008 Signature of Reporting Person Date

Explanation of Responses:

( 2 )Valley declared a 5 percent stock dividend on April 7 2008, payable May 23, 2008 to stockholders of record on May 9, 2008. ( 1 )Valley shares acquired upon consummation of the merger with Greater Community Bancorp ("GCB"), on July 1, 2008.Upon consummation of the merger, holders of GCB common stock received 0.9975 shares of common stock of Valley (the acquiring company), and 0.105 of a warrant to purchase one share of common stock of Valley.Mr. Miller received a total of 16,156 shares of Valley common stock and a total of 1,699 of warrants, in exchange for shares of GCB common stock held.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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