SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20429

                                    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):        November 24, 1998
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                             SALISBURY BANCORP, INC.
                             -----------------------
               (Exact name of registrant as specified in charter)


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


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


Registrant's telephone number, including area code:   (860) 435-9801
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Form 8-K, Current Report
Salisbury Bancorp, Inc.

Item 5.     Other Matters.

            The Board of Directors of Salisbury Bancorp,  Inc., the parent
            company of Salisbury Bank and Trust Company, declared an $0.11
            per  share  quarterly  cash  dividend  and a $0.16  per  share
            special  cash  dividend  at  their  November  24,  1998  Board
            meeting.

            The  quarterly  cash dividend will be paid on January 29, 1999
            to shareholders of record as of December 31, 1998.

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

            c.       Exhibits.

            99.      Press release dated November 25, 1998

            Exhibit Index                                                Page
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            99.      Press release dated November 25, 1998                 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:   December 1, 1998                    SALISBURY BANCORP, INC.


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



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