Item 8.01 Other Items.
On December 30, 2008 Blue Valley Ban Corp. (the "Company") completed its previously announced rights offering to holders of record of its common stock as of the close of business on November 10, 2008, of non-transferable subscription rights to purchase up to 334,000 shares of its common stock at a cash subscription price of $18.00 per share. The Company received gross cash proceeds of approximately $5.2 million in the rights offering, with 288,943 shares of common stock being issued.

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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 thereunto duly authorized.

Blue Valley Ban Corp.

Date: December 30, 2008 By: /s/ Mark A. Fortino Mark A. Fortino, Chief Financial Officer