Exhibit 99.1

SALISBURY BANCORP,  INC. ANNOUNCES RECEIPT OF $8,816,000 FROM TREASURY'S CAPITAL
PURCHASE PROGRAM

Lakeville, Connecticut , March 13, 2009 /PR Newswire.....Salisbury Bancorp, Inc.
(the "Company"),  NYSE  AMEX:"SAL"),  the holding company for Salisbury Bank and
Trust  Company  (the  "Bank"),  announced  today  that it has  sold to the  U.S.
Treasury  Department  $8,816,000 of Preferred  Stock under the Capital  Purchase
Program (the "CPP") of the Emergency  Economic  Stabilization  Act of 2008.  The
shareholders of the Company  approved an amendment of the Company's  Certificate
of  Incorporation  to authorize  25,000  shares of preferred  stock at a Special
Meeting held on March 10, 2009.

Salisbury Chairman and Chief Executive Officer John F. Perotti  commented,  "The
Bank  has  capital   ratios  in  excess  of  those  required  to  be  considered
`well-capitalized'  under  banking  regulations.   Nevertheless,   in  order  to
strengthen our capital  position during these uncertain  times, we determined to
accept  this  additional  capital  under the CPP. We will use these funds in the
communities  we serve by making loans to our customers to purchase  homes,  grow
their  businesses  and meet their needs for credit in the  challenging  economic
environment."

The  Treasury  purchased  Preferred  Stock that  qualifies as Tier 1 capital for
regulatory  purposes and ranks senior to the Common Stock.  The Preferred  Stock
pays a cumulative dividend of 5 percent per annum for the first five years it is
outstanding and thereafter at a rate of 9 percent per annum. The Preferred Stock
is non-voting,  other than voting rights on matters that could adversely  affect
the shares.  The Preferred Stock is callable at one hundred percent of the issue
price plus any accrued and unpaid dividends.

As part of the CPP,  the  Company  issued to the  Treasury a 10-year  Warrant to
purchase 57,671 shares of Common Stock at an exercise price of $22.93 per share.
If the Warrant were fully  exercised,  the Company  estimates that the ownership
percentage of the current  shareholders  would be diluted by approximately  3.3%
percent.  If the Company redeems all the shares of Preferred Stock, it has first
refusal rights to buy back the Warrant- or the shares  received upon exercise of
the Warrant at their fair market value if they are then held by the Treasury.

The terms and conditions of the transaction  conform to those established by the
Treasury  and  further  details  may be  found  at  the  Treasury's  website  at
http://treas.gov/initiatives/eesa.

Salisbury  Bancorp's sole  subsidiary,  Salisbury  Bank and Trust Company,  is a
community  bank. At December 31, 2008,  the Company had assets in excess of $495
million and capital in excess of $38 million.  Salisbury  Bank and Trust Company
has served the communities of northwestern Connecticut and proximate communities
in New York and  Massachusetts  for approximately 150 years. It is headquartered
in  Lakeville,  Connecticut,  and in addition to the main office,  operates full
service  branches in North  Canaan,  Salisbury  and Sharon,  Connecticut,  South
Egremont and  Sheffield,  Massachusetts  and Dover  Plains,  New York.  The Bank
offers a full complement of consumer and business  banking products and services
as well as trust /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.
Because  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.