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                       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): January 16, 2007

                                 POLONIA BANCORP
                                 ---------------
             (Exact Name of Registrant as Specified in Its Charter)

      UNITED STATES                    0-52267           TO BE APPLIED FOR
      -------------                    -------           -----------------
(State or other jurisdiction of      (Commission          (IRS Employer
incorporation or organization)       File Number)        Identification No.)

     3993 HUNTINGDON PIKE, 3RD FLOOR, HUNTINGDON VALLEY, PENNSYLVANIA 19006
               (Address of principal executive offices) (Zip Code)

                                 (215) 938-8800
                                 --------------
              (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))


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ITEM 8.01       OTHER EVENTS.
                ------------

         On January 16, 2007, Polonia Bancorp (the "Company"), the holding
company for Polonia Bank (the "Bank"), announced that its common stock began
trading today on the OTC Bulletin Board under the symbol "PBCP." For more
information, reference is made to the Company's press release dated January 16,
2007, a copy of which is attached to this Report as Exhibit 99.1 and is
incorporated herein by reference.

ITEM 9.01       FINANCIAL STATEMENTS AND EXHIBITS.
                ---------------------------------


         (d)    Exhibits

                Number            Description
                ------            -----------

                99.1              Press Release dated January 16, 2007


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                                    SIGNATURE

         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.




Date: January 16, 2007                 By: /s/ Paul D. Rutkowski
                                           -------------------------------------
                                           Paul D. Rutkowski
                                           Chief Financial Officer and Treasurer