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                                  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 20, 2002

                             BOSTONFED BANCORP, INC.
                             -----------------------
             (Exact Name of Registrant as Specified in Its Charter)

         Delaware                        1-13936                 52-1940834
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(State or other Jurisdiction of       (Commission               (IRS Employer
 Incorporation or Organization)       File Number)           Identification No.)

         17 New England Executive Park, Burlington, Massachusetts 01803
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               (Address of Principal Executive Offices) (Zip Code)

                                 (781) 273-0300
                                 ---------------
              (Registrant's Telephone Number, including Area Code)

                                 Not Applicable
                                 --------------
          (Former Name or Former Address, If Changed Since Last Report)









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ITEM 5.  OTHER EVENTS.
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     On September  20, 2002,  BostonFed  Bancorp,  Inc., a Delaware  corporation
("BostonFed"),  the parent of Boston Federal Savings Bank and Broadway  National
Bank,  announced  that  its  wholly-  owned,  indirect  subsidiary,  Diversified
Ventures, Inc., has resolved all its disputes with a claimant bank.

     The press release issued by BostonFed is filed herewith as Exhibit 99.1.


ITEM 7(C).   FINANCIAL STATEMENTS AND EXHIBITS.
             ---------------------------------

Exhibit 99.1     Press Release issued by BostonFed Bancorp, Inc. on September
20, 2002.




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CONFORMED



                                   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.


                                                     BOSTONFED BANCORP, INC.



Dated:  September 24, 2002         By:   /s/ John A. Simas
                                         --------------------------------------
                                   Name:  John A. Simas
                                   Title: Executive Vice President,
                                          Chief Financial Officer and Secretary