UNITED STATES
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): September 24, 2009
ATLANTIC COAST FEDERAL CORPORATION
(Exact name of Registrant as specified in its charter)
Federal | 000-50962 | 59-3764686 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
505 Haines Avenue, Waycross, Georgia 31501 |
(Address of principal executive offices) |
(800) 342-2824
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 8.01. OTHER EVENTS.
On September 25, 2009, Atlantic Coast Federal Corporation announced that its Board of Directors voted to suspend the regular quarterly cash dividend, effective immediately, in order to retain cash and maintain stronger liquidity in the face of an ongoing economic downturn. The full text of the press release is set forth in Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) | | Exhibits. |
| | | | |
| | 99.1 | | Press Release dated September 25, 2009 |
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.
| | | ATLANTIC COAST FEDERAL CORPORATION |
| | | |
| | | |
Date: | September 25, 2009 | By: | /s/ | Robert J. Larison, Jr. |
| | | | Robert J. Larison, Jr. |
| | | | President and Chief Executive Officer |
| | | | (Duly Authorized Representative) |
EXHIBIT INDEX
Exhibit | | |
Number | | Description of Exhibit(s) |
| | |
99.1 | | Copy of press release issued by the Company on September 25, 2009 |
