SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

~~CURRENT~~Current ~~REPORT~~Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Pursuant~~Date toof ~~Section 13~~Report ~~or 15~~(d)Date of ~~the Securities~~Earliest ~~Exchange~~event ~~Act~~reported): ofMay 25, ~~1934~~2005

~~Date~~BAY ofVIEW ~~report~~DEPOSIT CORPORATION (~~Date~~Exact name of ~~earliest~~registrant ~~event~~as ~~reported):~~specified ~~February 17,~~in ~~2005~~ charter)

BAY VIEW DEPOSIT CORPORATION


Delaware	333-121380	26-0100667

State or other jurisdiction of incorporation or organization	(Commission File No.)	(I.R.S. Employer Identification No.)

(Exact name of Registrant as specified in its charter)


1840 Gateway Drive
San Mateo, California		94404

Address of principal executive offices		Zip Code

Delaware	333-121380	26-0100667
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

Registrant’s telephone number, including area code: (650) 312-6857

1840 Gateway Drive, Suite 400, San Mateo, California		94404
(Address of Principal Executive Offices)		(Zip Code)

(Former name, former address, and former fiscal year, if changed since last report)

~~Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code~~if ~~(650)~~the Form ~~312~~8-~~7300~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

N/A

(Former Name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

Item ~~8.01. Other Events Item~~ 9.01. Financial Statements and Exhibits ~~SIGNATURES~~Signatures ~~Underwriting~~EXHIBIT ~~Agreement Trust and Servicing Agreement Indenture Validity Opinion Federal Income Tax Opinion~~99.1

Item 89.01. ~~Other~~Financial ~~Events.~~Statements and Exhibits

~~Reference is hereby made to the Registrant’s Registration Statement on Form S-3~~ (~~File No. 333-121380~~c) ~~filed with the Securities and Exchange Commission (the “Commission”) on December~~ ~~17,~~Exhibit ~~2004 (the “Registration Statement”), pursuant to which the Registrant registered $600,000,000~~ aggregate principal amount of its auto loan backed notes and auto loan backed certificates for sale in accordance with the provisions of the Securities Act of 1933, as amended. Reference is also hereby made to the prospectus and the related prospectus supplement (collectively, the “Prospectus”), which was filed with the Commission pursuant to Rule 424(b)(5) on February 17, 2005, with respect to the Registrant’s Auto Loan Backed Notes, Series 2005-LJ-1 (the “Offered Notes”).

~~The Offered Notes were sold to Barclays Capital Inc~~Exhibit 99.1 ~~(“Barclays”)~~Monthly ~~and~~Servicing ~~UBS~~Report ~~Securities~~for ~~LLC (“UBS”, and, together with Barclays,~~ the ~~“Underwriters”)~~Collection ~~pursuant~~Period toending ~~the terms of the Underwriting Agreement, dated February~~April 1630, 2005 ~~among the Registrant, Bay View Acceptance Corporation (“BVAC”)~~ ~~and the Underwriters and the terms of the Underwriting Agreement Standard Provisions, dated~~ ~~February 16, 2005 among the Registrant, BVAC and the Underwriters (the “Underwriting Agreement”).~~ ~~A copy of the Underwriting Agreement is filed herewith as Exhibit 1.1.~~

~~Trust and Servicing Agreement~~Signatures

~~The~~Pursuant ~~definitive~~to ~~Trust and Servicing Agreement for~~ the ~~Bay~~requirements ~~View~~of ~~2005-LJ-1 Owner Trust (~~the ~~“Trust”),~~ ~~dated~~Securities asExchange Act of ~~February 1~~1934, ~~2005, among~~ the ~~Registrant,~~registrant ashas ~~transferor,~~caused this ~~BVAC,~~report asto ~~servicer, Deutsche~~be ~~Bank~~signed ~~Trust~~on ~~Company~~behalf ~~Americas,~~of asBay ~~indenture~~View ~~trustee,~~Transaction ~~CenterOne~~Corporation ~~Financial~~by ~~Services~~the ~~LLC,~~undersigned asthereunto ~~back-up~~duly ~~servicer, and Wilmington Trust Company, as owner trustee, is filed herewith as Exhibit 4~~authorized.2.

Indenture


BY:	BAY VIEW 2005-LJ-1 OWNER TRUST BAY VIEW DEPOSIT CORPORATION ORIGINATOR OF TRUST
Dated: May 25, 2005	By:	/s/ Lisa Staab
		Lisa Staab
		VP, Controller

The definitive Indenture, dated as of February 1, 2005, between the Trust, as issuer, and Deutsche Bank Trust Company Americas, as indenture trustee, is filed herewith as Exhibit 4.3.

Validity Opinion

The legal opinion dated February 17, 2005 relating to the validity of the Offered Notes is filed herewith as Exhibit 5.1.

Tax Opinion

The Federal income tax opinion dated February 17, 2005 relating to the Trust is filed herewith as Exhibit 8.1.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.		Description
1.1		Underwriting Agreement, dated February 16, 2005, for the Bay View 2005-LJ-1 Owner Trust
4.2		Trust and Servicing Agreement, dated as of February 1, 2005, for the Bay View 2005-LJ-1 Owner Trust
4.3		Indenture, dated as of February 1, 2005, between the Bay View 2005-LJ-1 Owner Trust, as issuer, and Deutsche Bank Trust Company Americas, as indenture trustee
5.1		Validity Opinion for the Offered Notes, dated February 17, 2005
8.1		Federal income tax opinion dated February 17, 2005

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf of Bay View Deposit Corporation by the undersigned hereunto duly authorized.

	BAY VIEW DEPOSIT CORPORATION
Date: February 24, 2005	By:	/s/ John Okubo
		John Okubo
		Chief Financial Officer

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