Effective October 28, 2008, Vineyard National Bancorp (the "Company") and First Tennessee Bank National Association ("First Tennessee") entered into that certain Sixth Modification Agreement and Covenant Waiver (the "Modification Agreement") which, among other things, extended the maturity date of the Company's loan from First Tennessee from October 28, 2008 to November 28, 2008, granted and/or extended the waiver by First Tennessee of certain financial and other covenant failures of the Company, including the signing of a consent order with the Office of the Comptroller of the Currency and the signing of a written agreement with the Federal Reserve Bank of San Francisco, which constituted events of default, through November 28, 2008. The outstanding balance of the loan was $48,300,000 at October 28, 2008.

The foregoing description of the Modification Agreement is qualified in its entirety by reference thereto, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.

(d) Exhibits.

Exhibit   Description
Number

10.1      Sixth Modification Agreement and Covenant
          Waiver effective October 28, 2008 between Vineyard
          National Bancorp and First Tennessee Bank National
          Association.