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):    March 28, 2001
                                                  -----------------------

                             SALISBURY BANCORP, INC.
                        --------------------------------
               (Exact name of registrant as specified in charter)

         Connecticut                                    06-1514263
      (State or other                       (IRS  Employer Identification No.)
jurisdiction of incorporation)

5 Bissell Street, Lakeville, Connecticut                  06039-1868
(Address of principal executive offices)                  (zip code)


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




Form 8-K, Current Report
Salisbury Bancorp, Inc.

Item 5.  Other Matters.
         -------------

         Salisbury  Bank  and  Trust  Company,  a  wholly-owned  subsidiary  of
         Salisbury  Bancorp Inc.  and  People's  Bank entered into a definitive
         agreement  for Salisbury  Bank and Trust Company to purchase  People's
         Canann,  CT  banking  office  with  approximately   $27.5  million  in
         deposits.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
         ------------------------------------------------------------------

         c.     Exhibits.

         99.    Press Release dated March 28, 2001

         Exhibit Index                                          Page
         -------------                                          ----

         99.    Press Release dated March 28, 2001               3


     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: March 29, 2001                         SALISBURY BANCORP, INC.



                                              By:   /s/ John F. Perotti
                                                 ------------------------------
                                                 John F. Perotti, President and
                                                 Chief Executive Officer