NORTH VALLEY BANCORP
8-K, 2000-03-20
STATE COMMERCIAL BANKS
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                 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):  March 10, 2000


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


Commission File Number:  0-10652



     CALIFORNIA                            94-2751350
(State of incorporation)                (I.R.S. Employer
                                        identification number)


              880 E. Cypress Avenue, Redding, CA 96002
       (Address of principal executive offices and zip code)



                           (530) 221-8400
           (Registrant's area code and telephone number)

     Item 5:  Other Events


     On March 10, 2000, the Registrant issued a Press Release
which announced a cash dividend of $.10 (ten cents per share)
payable on April 10, 2000, to shareholders of record at the
close of business on March 31, 2000.   Attached hereto as
Exhibit 99 is said Press Release dated March 10, 2000.


     Item 7:   Financial Statements and Exhibits

     Listed below is the Exhibit filed as part of this report.

          (99) Press Release dated March 10, 2000.




                           SIGNATURE

     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.


                                   NORTH VALLEY BANCORP


                                   By    /s/ Sharon Benson
                                        Sharon Benson
                                        Senior Vice President &
Dated:  March 20, 2000                  Chief Financial Officer






                        PRESS RELEASE

                                            For Immediate Release
                                             March 10, 2000


         NORTH VALLEY BANCORP DECLARES CASH DIVIDEND


Redding, California -  (BUSINESS WIRE) - March 10, 2000 -
The Board of Directors of North Valley Bancorp (NASDAQ:
NOVB), parent company of North Valley Bank, declared a
quarterly cash dividend of $.10 (ten cents) per share.  The
dividend is payable on April 10, 2000 to holders of record
at the close of business on March 31, 2000.

North Valley Bank is a one-bank holding company
headquartered in Redding, California.  The Company's
principal subsidiary, North Valley Bank, operates twelve
commercial banking offices in Shasta and Trinity Counties in
Northern California including two in-store super-market
branches and a Business Banking Center.  The Bank offers a
wide range of consumer and business banking products and
services.  In addition to depository services, North Valley
Bank engages in a full complement of lending activities,
including consumer, commercial and real estate loans.  In
addition to its direct lending activities, the Bank
processes loans through its Dealer Finance Division and has
SBA Preferred Lender status.


For Further Information Please Contact:

Michael J. Cushman
President & Chief Executive Officer
or
Sharon Benson
Senior Vice President & Chief Financial Officer
880 E. Cypress Ave.
Redding, CA 96002
(530) 221-8400
FAX  (530) 221-4877



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