PROXY
               1997 ANNUAL MEETING OF SHAREHOLDERS 

                  BROAD NATIONAL BANCORPORATION
                         905 Broad Street
                         Newark, NJ 07102

The undersigned hereby constitutes and appoints Peter Kenny, Fred
Campo and Richard Saitta, and each of them, jointly and
severally, as proxies of the undersigned, with full power of
substitution, to vote all of the shares of common stock of Broad
National Bancorporation (the "Corporation") standing in the name
of the undersigned as of the close of business March 7, 1997 and
which the undersigned is entitled to vote, and hereby grants
discretionary authority to cumulate the undersigned's votes in
the election by the holders of common stock of directors for any
nominee other than a nominee as to which the undersigned has
withheld authority to vote (the authorization to cumulate votes
may be withheld by lining through or otherwise striking out the
words following the preceding comma), at the annual meeting of
the shareholders of the Corporation to be held April 17, 1997 and
at any adjournment or adjournments thereof, as fully and with the
same effect as the undersigned might or could do if present in
person, with respect to the following matters, all as set forth
in the Notice of Annual Meeting of Shareholders and Proxy
Statement, dated March 24, 1997:

(1)  Election of twelve directors to hold office for a term
     expiring at the 1998 Annual Meeting of Shareholders of the
     Corporation.

[  ] FOR all nominees listed below   [ ] WITHHOLD AUTHORITY to
    (except as marked to the             vote for all nominees
     contrary below)                     listed below

     NOMINEES:      Licinio Cruz; John A. Dorman; Arthur
                    Fischman; John J. Iannuzzi; Donald M. Karp;
                    James J. Lazarus; Edward J. Lenihan; Stanley
                    J. Lesnik; Catherine McFarland; Louis J.
                    Owen; A. Harold Schwartz; Hubert Williams.

     INSTRUCTION:   TO WITHHOLD AUTHORITY TO VOTE FOR ANY
                    INDIVIDUAL NOMINEE, STRIKE A LINE THROUGH THE
                    NOMINEE'S NAME.

(2)  Approval of a 1996 Broad National Bancorporation Incentive
     Stock Option Plan, which enables a stock option committee of
     the Board of Directors to grant options to key employees of
     the Corporation and its subsidiaries to purchase Corporation
     common stock.

          [  ] FOR       [  ] AGAINST        [  ] ABSTAIN

(3)  Approval of a 1996 Broad National Bancorporation Directors
     Non-Statutory Stock Option Plan, which enables the Board of
     Directors to grant options to members of the Board of
     Directors to purchase Corporation common stock.

          [  ] FOR       [  ] AGAINST        [  ] ABSTAIN

(4)  Approval of an amendment to the Company's Certificate of
     Incorporation to increase the number of authorized shares of
     the Company's capital stock from 7,020,000 shares to
     11,520,000 shares and to increase the number of authorized
     shares of the Company's common stock, $1.00 par value, from
     5,500,000 shares to 10,000,000 shares.

          [  ] FOR       [  ] AGAINST        [  ] ABSTAIN

(5)  Approval of an amendment to ARTICLE THIRD of the Certificate
     of Incorporation of the Corporation to establish certain
     additional limitations with respect to the preemptive rights
     of the holders of the Corporation's capital stock.

          [  ] FOR       [  ] AGAINST        [  ] ABSTAIN







(6)  Ratification of the selection of the accounting firm of KPMG
     Peat Marwick, LLP as the Corporation's independent auditors
     for the year ending December 31, 1997.

          [  ] FOR       [  ] AGAINST        [  ] ABSTAIN

     In their discretion, the Proxies are authorized to vote upon
     such other business as may properly come before the meeting.

THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER
DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER(S).  IF NO
DIRECTION IS MADE, THE SHARES REPRESENTED HEREBY SHALL BE VOTED
FOR THE PROPOSALS SPECIFICALLY SET FORTH ABOVE.  THIS PROXY IS
SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS AND MAY BE REVOKED
PRIOR TO ITS EXERCISE.

Please sign exactly as your name appears on stock
certificates(s).  Where stock is issued in two or more names, all
should sign.  If signing as attorney, executor, administrator,
trustee or guardian, give full title as such.  A corporation
should sign by an authorized officer and affix seal.  A
partnership should sign in partnership name by authorized person.

          PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY CARD
          PROMPTLY USING THE ENCLOSED POSTAGE PREPAID ENVELOPE.

          Dated:    _______________________________________, 1997

          Signature: ___________________________________________

          Signature: ___________________________________________

          [  ] STOP ANNUAL REPORT MAILINGS TO THIS SHAREHOLDER
               SINCE DUPLICATE COPIES NOW COME TO THIS ADDRESS