EXHIBIT 99.1
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Friday, October 6, 2006

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Contact: John F. Perotti - Chairman & CEO
860- 435-9801or jp@salisburybank.com

FOR IMMEDIATE RELEASE

SALISBURY BANCORP, INC. ANNOUNCES PLANS TO ENTER NEW YORK STATE

Lakeville,  Connecticut, October 6,  2006/PRNewswire....Salisbury  Bancorp, Inc.
(the  "Company"),  (AMEX:SAL)  the holding  company for Salisbury Bank and Trust
Company (the "Bank"),  announced today that the Bank had entered into a Purchase
and Assumption  Agreement with New York Community Bank to acquire certain assets
and liabilities of a small branch of New York Community Bank. The acquisition of
the branch is subject to state and federal regulatory  approvals.  The financial
terms of the transaction were not disclosed.

John F.  Perotti,  Chairman and Chief  Executive  Officer of the Company and the
Bank,  stated that "pursuant to New York Banking Laws,  this  acquisition of our
first  branch  in New York  will  open the  door  for us to  operate  additional
branches in New York State.  We believe  that this will allow us to better serve
our current and future customers."

Salisbury Bancorp, Inc.'s sole subsidiary,  Salisbury Bank and Trust Company, is
a Connecticut  chartered  commercial  bank.  The Company has assets in excess of
$400 million and capital in excess of $40 million and serves the  communities of
northwestern   Connecticut   and   proximate   communities   in  New   York  and
Massachusetts.  Salisbury Bank and Trust Company is  headquartered in Lakeville,
Connecticut and operates full service branches in Canaan, Salisbury,  Sharon and
Lakeville, Connecticut, as well as South Egremont and Sheffield,  Massachusetts.
The Bank offers a full complement of consumer and business  banking products and
services as well as trust and investment services.

Statements  contained in this news release  contain  forward-looking  statements
within the  meaning of the  Private  Securities  Litigation  Reform Act of 1995.
These statements are based on the beliefs and expectations of management as well
as the assumptions  made using  information  currently  available to management.
Since these statements reflect the views of management concerning future events,
these statements involve risks,  uncertainties and assumptions,  including among
others:  changes in market  interest  rates and  general and  regional  economic
conditions; changes in government regulations; changes in accounting principles;
and the quality or composition  of the loan and investment  portfolios and other
factors that may be described in the  Company's  quarterly  reports on Form 10-Q
and its annual report on Form 10-K,  each filed with the Securities and Exchange
Commission,  which are  available at the  Securities  and Exchange  Commission's
internet website (www.sec.gov) and to which reference is hereby made. Therefore,
actual future  results may differ  significantly  from results  discussed in the
forward-looking statements.