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): December 17, 2004

                        COMMISSION FILE NUMBER: 001-15933

                              BLUE VALLEY BAN CORP
             (Exact name of registrant as specified in its charter)

               KANSAS                                  48-1070996
  (State or other jurisdiction of                   (I.R.S. Employer
   incorporation or organization)                 Identification No.)

            11935 RILEY                                66225-6128
       OVERLAND PARK, KANSAS

  (Address of principal executive                      (Zip Code)
              offices)

       Registrant's telephone number, including area code: (913) 338-1000





Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:


/ / Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

/ / Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

/ / Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

/ / Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c)





ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS



        (c) EXHIBITS

           99.1 Press Release Dated December 17, 2004.



ITEMS 2.02 AND 7.01. REGULATION FD DISCLOSURE AND RESULTS OF OPERATION AND
  FINANCIAL CONDITION.

          The Registrant's press release dated December 17, 2004, announcing the
          decision by its Board of Directors to declare a dividend on its common
          stock is attached hereto as Exhibit 99.1, and is incorporated herein
          by reference.







                                   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 thereunto duly authorized.



                                               BLUE VALLEY BAN CORP



        Date:  December 17, 2004               By:  /s/  Mark A. Fortino
                                                   -----------------------------
                                                   Mark A. Fortino, Treasurer