CONSENT OF DANIELSON ASSOCIATES, INC.



We hereby  consent  to the use of our firm's  name in the Form S-4  Registration
Statement of Valley National  Bancorp  relating to the registration of shares of
Valley common stock to be issued in connection  with the proposed acquisition of
Ramapo  Financial  Corporation.  We also consent to the inclusion of our opinion
letter as an Appendix to the Proxy Statement-Prospectus  included as part of the
Form S-4 Registration  Statement,  and to the references to our opinion included
in the Proxy Statement-Prospectus.


                                                      DANIELSON ASSOCIATES, INC.


                                                  By:  JON D. HOLTAWAY
                                                       -------------------------
                                                       Jon D. Holtaway
                                                       Senior Vice President

Date:  March 16, 1999