SOUTH BRANCH VALLEY BANCORP INC
8-K, 1998-05-21
NATIONAL 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 Act of 1934


Date of Report (Date of earliest event reported) . . . . . . . . . May 21, 1998
                                                                   ------------


                        SOUTH BRANCH VALLEY BANCORP, INC.
              ----------------------------------------------------- 
             (Exact name of registrant as specified in its charter)



      West Virginia             0-16587                        55-0672148
- ------------------------     ----------------           ------------------------
     (State of other          (Commission                   (I.R.S. Employer
      jurisdiction              File Number)                 Identification No.)


                     310 Main Street, Moorefield, WV,           26836
           --------------------------------------------------------------
            (Address of principal executive offices)         (Zip Code)




       Registrant's telephone number, including area code . . (304) 538-2353
                                                              --------------


                                       N/A
          --------------------------------------------------------------
          (Former name or former address, if changed since last report.)











<PAGE>



Item 5.  Other Events

      The registrant may, at its option, report under this item any events, with
      respect to which  information  is not  otherwise  called for by this form,
      that the registrant deems of importance to security holders.


Response:

      The  Board  of  Directors  of  South  Branch  Valley  Bancorp,  Inc.  (the
      "Company") has  authorized  management to purchase from time to time up to
      5,000 shares of Company stock. Purchases may or may not be made up to this
      full amount. Management will purchase shares at prices it believes to be a
      good  investment.  One use of the  acquired  shares  will  be to fund  the
      Company's benefit plans.





<PAGE>





Pursuant  to the  requirement  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.


                                          South  Branch Valley Bancorp, Inc.

May 21, 1998                              By  /s/  H. Charles Maddy, III
- -------------                             -------------------------------------
 (Date)                                   H. Charles Maddy, III
                                          Its President and
                                          Chief Executive Officer





CHS163067



<PAGE>


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