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) July 23, 1999


                                 REGENCY BANCORP
            (Exact name of registrant as specified in its charter)


        California                       000-23815               77-0378956
(State or other jurisdiction      (Commission File Number)     (IRS Employer
     of incorporation)                                       Identification No.)


7060 N. Fresno, Fresno, California                                   93720
(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:   (209) 438-2600


                                 Not Applicable
         (Former name or former address, if changed since last report).


                                                               Page 1 of 5 pages


                                                 The Exhibit Index is on Page 4.



Item 5.           OTHER EVENTS.

                  The Registrant issued a press release dated July 23, 1999
                  announcing that it has declared a $.10 per share cash dividend
                  for its shareholders of record August 6, 1999. The dividend
                  will be paid on September 2, 1999. The foregoing is qualified
                  by reference to the press release attached as exhibit 99.1

Item 7.           FINANCIAL STATEMENTS AND EXHIBITS.

         (a)      FINANCIAL STATEMENTS.

                  Not Applicable.

         (b)      PRO FORMA FINANCIAL INFORMATION.

                  Not Applicable.

         (c)      EXHIBITS.

                  (99.1)   Press Release dated July 23, 1999


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                                   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 hereunto duly authorized.


                                       REGENCY BANCORP


Date: July 23, 1999                    /s/ STEVEN R. CANFIELD
                                       ----------------------
                                       Steven R. Canfield
                                       EVP & CFO


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                                  EXHIBIT INDEX



     Exhibit No.                       Description
     -----------                       ------------
                          
         99.1                Press Release dated July 23, 1999



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