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VALLEY NATIONAL BANK ANNOUNCES APPOINTMENT TO THE BOARD OF DIRECTORS

 WAYNE, N.J., Nov. 24 ~PRNewswire~ -- Valley National Bancorp (NASDAQ: VNBP) today announced the appointment of Leonard J. Vorcheimer, 50, to the board of directors of the company.
 Gerald H. Lipkin, chairman of the board and chief executive officer of Valley National Bancorp, welcomed the opportunity to have Mr. Vorcheimer serve on the board: "Mr. Vorcheimer has been intimately involved in the New Jersey business community for over 25 years, and will bring Valley National that experience, making him an excellent addition."
 Mr. Vorcheimer is currently the principal of L.J.V. Enterprises, an investment concern. Mr. Vorcheimer possesses an impressive resume in the food services industry. He previously served as vice president of Kings Super Market, Inc., and from 1967-1987 was the president and chief operating officer of Food Concepts, Inc., based in Rutherford, N.J. He graduated in 1964 from New York University's School of Hotel and Restaurant Management, receiving a B.S. degree. He resides in Montville, N.J. with his wife, Barbara, and four children.
 Valley National Bancorp is a regional bank holding company whose principal subsidiaries, Valley National Bank and Mayflower Financial Corporation, operate a total of 53 offices in Passaic, Bergen, Essex, Hudson and Morris counties in New Jersey.
 -0- 11~24~92
 ~CONTACT: Gerald H. Lipkin, chairman and CEO of Valley National Bancorp, 201-305-4001~
 (VNBP)


CO: Valley National Bancorp ST: New Jersey IN: FIN SU: PER

GK-TS -- NY021 -- 0960 11~24~92 10:19 EST
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Publication:PR Newswire
Date:Nov 24, 1992
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