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 25, 2014
 
COLONIAL FINANCIAL SERVICES, INC.
(Exact name of Registrant as specified in its charter)

Maryland
(State or Other Jurisdiction
of Incorporation)
001-34817
(Commission
File Number)
90-0183739
(I.R.S. Employer
Identification No.)

2745 S. Delsea Drive, Vineland, New Jersey
08360
(Address of principal executive offices)
(Zip Code)
 

(856) 205-0058
Registrant's telephone number, including area code

Not Applicable
(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:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
   
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
   



 
 

 

Item 5.02
Departure of Directors or Certain officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 25, 2014, the boards of directors of Colonial Financial Services, Inc. (the “Company”) and its wholly owned subsidiary, Colonial Bank, FSB (the “Bank”), appointed Corissa J. Briglia as a director.  These appointments were required by the previously disclosed Settlement Agreement dated December 18, 2013 entered into by the Company and the Bank with Stilwell Value Partners II, L.P., Stilwell Value Partners V, L.P., Stilwell Value Partners VII, L.P., Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, and Joseph Stilwell.  It has not been determined what committees of the boards of directors, if any, Ms. Briglia will be appointed to.

Item 9.01.               Financial Statements and Exhibits

Not applicable

 
 

 


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 hereunto duly authorized.

 
COLONIAL FINANCIAL SERVICES, INC.
   
   
Date:  March 28, 2014
By:  /s/ Edward J. Geletka                                                             
 
        Edward J. Geletka
 
        President and Chief Executive Officer