Exhibit Number 99.1


                 YARDVILLE NATIONAL BANCORP ANNOUNCES CHANGE TO
                   RECENTLY COMPLETED PRIVATE EQUITY OFFERING


   HAMILTON, N.J. - September 28, 2001 - Yardville National Bancorp (NNM:YANB)
announced revised results of the private equity offering completed on August
22nd. Pursuant to negotiated revisions to the terms of the offering, to which
one of the investors did not agree and therefore withdrew with the Company's
consent, the Company issued and sold 596,654 shares of Common Stock for an
aggregate purchase price of $7,787,464.

   Yardville National Bancorp, a financial holding company headquartered in
Hamilton Township, N.J. with $1.8 billion in assets, provides retail and
commercial banking services through its wholly-owned subsidiary, The Yardville
National Bank.

Certain of these statements contained in this release which are not historical
facts are forward-looking statements that are subject to risks and uncertainties
that could cause actual results to differ materially from those set forth in the
forward-looking statements, including the uncertainties inherent in the process
of auditing and making end-of-year adjustments to a corporation's financial
statements. By making these forward-looking statements, the Company undertakes
no obligation to update these statements for revisions or changes after the date
of this release.