EXHIBIT 31.1

                              CERTIFICATION OF THE
                             CHIEF EXECUTIVE OFFICER

          I, Robert D. Regnier, certify that:

          1. I have reviewed this annual report on Form 10-Q of Blue Valley Ban
Corp (the "Company");

          2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

          3. Based on my knowledge, the financial statements, and other
financial information included in this report, fairly present in all material
respects the condition, results of operations and cash flows of the registrant
as of, and for, the periods presented in this report;

          4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
registrant and have:

               a) Designed such disclosure controls and procedures, or caused
     such disclosure controls and procedures to be designed under our
     supervision, to ensure that material information relating to the
     registrant, including its consolidated subsidiaries, is made known to us by
     others within those entities, particularly during the period in which this
     annual report is being prepared;

               b) Designed such internal controls over financial reporting, or
     caused such internal control over financial reporting to be designed under
     our supervision, to provide reasonable assurance regarding the reliability
     of financial reporting and the preparation of financial statements for
     external purposes in accordance with accounting principles generally
     accepted in the United States of America;

               c) Evaluated the effectiveness of the registrant's disclosure
     controls and procedures and presented in this report our conclusions about
     the effectiveness of the disclosure controls and procedures, as of the end
     of the period covered by this report based on such evaluation; and

               d) Disclosed in this report any change in the registrant's
     internal control over financial reporting that occurred during the
     registrant's most recent fiscal quarter (the registrant's fourth fiscal
     quarter in the case of an annual report) that has materially affected, or
     is reasonably likely to materially affect, the registrant's internal
     control over financial reporting; and

          5. The registrant's other certifying officer and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the equivalent function):

               a) All significant deficiencies and material weaknesses in the
     design or operation of internal control over financial reporting which are
     reasonably likely to adversely affect the registrant's ability to record,
     process, summarize and report financial information; and

               b) Any fraud, whether or not material, that involves management
     or other employees who have a significant role in the registrant's internal
     control over financial reporting.

November 14, 2005


/s/ Robert D. Regnier
- ----------------------------------------
Robert D. Regnier,
President and Chief Executive Officer