Exhibit 99.1
Company Press Release

Source: Salisbury Bancorp, Inc.
Friday, January 16, 2009

Salisbury Contact: John F. Perotti-Chairman and Chief Executive Officer
                   (860) 435-9801 x 1001 or jp@salisburybank.com

FOR IMMEDIATE RELEASE

Salisbury  Bancorp,  Inc.  Announces  Preliminary  Approval of  Participation in
Treasury's Capital Purchase Program

Lakeville,  Connecticut, January 16, 2009/PRNewswire...  Salisbury Bancorp, Inc.
(NYSE Alternext US:SAL)(the  "Company"),  the holding company for Salisbury Bank
and Trust  Company,  announced  today that the Company has received  preliminary
approval  from  the U.S.  Treasury  to  participate  in the  Treasury's  Capital
Purchase Program in the amount of Eight Million,  Eight Hundred Sixteen Thousand
Dollars  ($8,816,000).  If the Company  participates  in the Treasury's  Capital
Purchase  Program,  it will  issue  to the U.S.  Treasury  Preferred  Stock  and
Warrants to purchase Common Stock.

If the Company  determines to  participate in the  Treasury's  Capital  Purchase
Program,  it will be  necessary  to hold a meeting of  shareholders  to consider
approval of an  amendment  to the  Company's  Certificate  of  Incorporation  to
authorize shares of Preferred Stock.

There can be no assurance  that the Company will  participate  in the Treasury's
Capital  Purchase  Program or if it does, the amount of its  participation.  The
terms of  participation in the Capital Purchase Program and of any securities to
be issued may be viewed at www.treasury.gov/initiatives/eesa.

This press release is not a request to execute or not execute,  or to revoke,  a
proxy.  Shareholders  are  advised to read the proxy  statement  for any meeting
should it become available because it would contain important  information.  Any
such proxy  statement would be available for free at the Securities and Exchange
Commission's  website at  www.sec.gov.  The Company would also provide a copy of
any definitive  proxy statement for free when it becomes  available upon written
request to John F.  Foley,  Chief  Financial  Officer,  Treasurer  &  Secretary,
Salisbury Bancorp, Inc., P. O. Box 1868, Lakeville, Connecticut 06039-1868.

Salisbury  Bancorp's sole  subsidiary,  Salisbury  Bank and Trust Company,  is a
community  bank. The Company has assets in excess of $480 million and capital in
excess of $38 million and has served the communities of northwestern Connecticut
and proximate  communities in New York and  Massachusetts  for approximately 150
years.   Salisbury  Bank  and  Trust  Company  is  headquartered  in  Lakeville,
Connecticut and operates full service  branches in Canaan,  Salisbury and Sharon
as well as Lakeville,  Connecticut, South Egremont and Sheffield,  Massachusetts

                                      -3-





and Dover Plains,  New York.  The Bank offers a full  complement of consumer and
business  banking  products  and  services as well as trust and wealth  advisory
services.

Statements  contained in this news release  contain  forward-looking  statements
within the  meaning of the  Private  Securities  Litigation  Reform Act of 1995.
These statements are based on the beliefs and expectations of management as well
as the assumptions  made using  information  currently  available to management.
Because  these  statements  reflect the views of  management  concerning  future
events, these statements involve risks, uncertainties and assumptions, including
among others: changes in market interest rates and general and regional economic
conditions; changes in government regulations; changes in accounting principles;
and the quality or composition  of the loan and investment  portfolios and other
factors that may be described in the  Company's  quarterly  reports on Form 10-Q
and its annual report on Form 10-K,  each filed with the Securities and Exchange
Commission,  which are  available at the  Securities  and Exchange  Commission's
internet website (www.sec.gov) and to which reference is hereby made. Therefore,
actual future  results may differ  significantly  from results  discussed in the
forward- looking statements.


                                      -4-