8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 5, 2010

SALISBURY BANCORP, INC.

(Exact name of registrant as specified in charter)

Connecticut	000-24751	06-1514263
.(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
5 Bissell Street, Lakeville, Connecticut		06039-1868
(Address of principal executive offices)		(zip code)

Registrant’s telephone number, including area code:  (860) 435-9801

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instructions A.2. below):

[    ] Written communications pursuant to Rule 425 under the Securities Act (17 C.F.R. 230.425)

[    ] Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 C.F.R. 240.14a-12)

[    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 C.F.R. 240.14d-2(b))

[    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 C.F.R. 240.13e-4(c))

Form 8-K, Current Report

Salisbury Bancorp, Inc.

Section 5.     Corporate Governance and Management

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

                Michael A. Varet, the current Presiding Director of the Company and Bank, was elected to serve as Chairman of the Boards of Directors of the Company and the Bank. This appointment was effective April 30, 2010.

Section 8.      Other Events

Item 8.01.       Other Events

On May 5, 2010, the Company issued a press release related to the election of Michael A. Varet as Chairman of the Boards of Directors of the Company and the Bank effective April 30, 2010.

Section 9.      Financial Statements and Exhibits

Item 9.01.       Financial Statements and Exhibits

(d)        Exhibits

99.1 Press Release dated May 5, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

Dated: May 5, 2010	SALISBURY BANCORP, INC.
	By:	/s/ B. Ian McMahon
		B. Ian McMahon
		Chief Financial Officer

EX-99.1

NEWS RELEASE

Contact:

Richard J. Cantele, Jr., President and CEO

Salisbury Bank and Trust Company

5 Bissell Street

Lakeville, CT 06039

(860) 435-9801

rick@salisburybank.com

FOR IMMEDIATE RELEASE

SALISBURY BANCORP, INC. ANNOUNCES THE ELECTION OF CHAIRMAN

Lakeville, Connecticut, May 5, 2010/PRNewswire...  Salisbury Bancorp, Inc. (“Salisbury”), NYSE Amex Equities:  “SAL”, the holding company for Salisbury Bank and Trust Company (the “Bank”), announced the election of Michael A. Varet as Chairman of the Boards of Directors of the Company and the Bank effective April 30, 2010.

"We are very pleased to have Michael as Chairman of our Boards” said Rick Cantele, President and Chief Executive Officer. "His education and experience enables him to provide valuable knowledge to the Board and his legal background and analytical skills provide insight into financial services and corporate governance matters."

Mr. Varet has been a Director of the Company since 1998 and of the Bank since 1997.  Most recently, Mr. Varet served as Presiding Director of the Company and the Bank, a position he has held since May of 2007.  Mr. Varet has performed the functions of Chairman since John Perotti’s retirement in June of 2009.  In this position, Mr. Varet’s primary responsibilities include leadership of board meetings, preparation of the agenda, presiding over meetings and making committee assignments.

Mr. Varet graduated with a B.S. in Economics from the University of Pennsylvania, Wharton School in 1962 and from Yale Law School with an LL.B. in 1965.  Mr. Varet is Senior Counsel to the law firm of DLA Piper LLP (US).

Salisbury Bancorp, Inc. is the parent company of Salisbury Bank and Trust Company; a Connecticut chartered commercial bank serving the communities of northwestern Connecticut and proximate communities in New York and Massachusetts, since 1848, through full service branches in Canaan, Lakeville, Salisbury and Sharon, Connecticut, South Egremont and Sheffield, Massachusetts and Dover Plains and Millerton, New York. The Bank offers a full complement of consumer and business banking products and services as well as trust and wealth advisory 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 Salisbury’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.