8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

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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): October 24, 2007

CAPITAL CORP OF THE WEST

(Exact Name of Registrant as Specified in Charter)

California	0-27384	77-0147763
(State or Other Jurisdiction	(Commission File	(IRS Employer
of Incorporation)	Number)	Identification No.)

550 West Main Street, Merced, California  95340

(Address of Principal Executive Offices) (Zip Code)

(209) 725-2200

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

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 8.01 Other Events

On October 24, 2007, Capital Corp of the West (Nasdaq: CCOW) the holding company for County Bank, Central California’s Community Bank, announced its board of directors had declared a $0.11 cash dividend on the company’s common stock.  The dividend is payable on December 5, 2007 to stockholders of record as of November 14, 2007.  A copy of the press release related to this dividend announcement appears as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not Applicable

(b) Pro Forma Financial Information.

Not Applicable

(c) Exhibits

99.1Copy of press release, dated October 24, 2007, issued by Capital Corp of the West.

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.

Capital Corp of the West

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(Registrant)

Dated: October 24, 2007	By/s/ David A. Heaberlin
	David A. Heaberlin
	Executive Vice President and Chief Financial Officer

EX-99.1

PRESS RELEASE

Available for Immediate Publication:  October 24, 2007

Contacts:  Thomas T. Hawker, President / Chief Executive Officer (209) 725-2276

David Heaberlin, EVP / Chief Financial Officer (209) 725-7435

Web Site www.ccow.com

Capital Corp of the West Announces Cash Dividend

Merced, California, October 24, 2007 -Capital Corp of the West (NASDAQ:NMS: CCOW), the holding company for County Bank, Central California’s Community Bank, announced today, that on October 23, 2007 its board of directors had declared a $0.11 cash dividend on the company’s common stock.  The dividend is payable on December 5, 2007 to stockholders of record as of November 14, 2007.

“This cash dividend of $0.11 per share marks our sixteenth consecutive quarter of cash dividends that began in the first quarter of 2004,” stated Tom Hawker, Chief Executive Officer of Capital Corp of the West.  “This also marks the eleventh consecutive quarter that we have maintained, or increased, the level of our cash dividend after our nine for five stock split in the second quarter of 2005.  Our market penetration, in terms of deposits, represented 7.29% of all deposits within the six counties where most of our branches are located as of June 30, 2007.  With the addition of two recently announced acquisitions, the California offices of Stockmen’s Bank and Bay View Funding, by the end of the current year we will have 41 retail branches and six corporate lending centers, allowing us to offer an even greater range of products and services to existing and new customers within the Central Valley, and beyond,” continued Mr. Hawker.

Capital Corp of the West, a bank holding company established November 1, 1995, is the parent company of County Bank, which has 30 years of service as “Central California’s Community Bank.”  Currently County Bank has thirty branch offices serving the counties of Fresno, Madera, Mariposa, Merced, Sacramento, Stanislaus, San Joaquin, San Francisco, Santa Clara, Sacramento, and Tuolumne.  As of the latest FDIC data, County Bank has a 7.29% market share in the six Central California counties in which it has significant retail branches.  This ranks County Bank fifth out of forty-one financial institutions in this market area. For further information about the Company’s financial performance, contact Tom Hawker, President & Chief Executive Officer at (209) 725-2276, or David Heaberlin, Chief Financial Officer, at (209) 725-7435.