UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549

                            FORM 10-Q/A


[X]  Quarterly Report Pursuant to Section 13 or 15(d) of the      
     Securities
     Exchange Act of 1934
     For the Period Ended September 30, 1994

[ ]  Transition Report Pursuant to Section 13 or 15(d) of the
     Securities
     Exchange Act of 1934
     For the transition period from __________ to __________.

     Commission File Number 0-11179                          

VALLEY NATIONAL BANCORP                
(Exact name of registrant as specified in its charter)

New Jersey                                                        
(State or other Jurisdiction of incorporation or organization)
                                                          
22-2477875                 
(I.R.S. Employer Identification No.)

1445 Valley Road, Wayne, New Jersey             07474-0558
(Address of principal executive offices)        (Zip Code)

(201)305-8800                                                  
(Registrant's Telephone Number, including area code)

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.

                          YES XXX     NO
     
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.

Common Stock (No par value), of which 27,071,257 shares were
outstanding as of November 3, 1994.


                          EXHIBIT INDEX


Number        Description
  27          Financial Data Schedules

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                             SIGNATURE





Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant had duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
                                                                  
                                      VALLEY NATIONAL BANCORP     
                                           (Registrant)

Date:     December 19, 1994           /s/Alan D. Eskow
                                      ALAN D. ESKOW
                                      SENIOR VICE PRESIDENT
                                      FINANCIAL ADMINISTRATION


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