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): March 19, 2008 -------------- COMMUNITY FINANCIAL SHARES, INC. -------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-51296 36-4387843 -------- ------- ---------- (State or other Jurisdiction of (Commission (IRS Employer incorporation or organization) File Number) Identification No.) 357 Roosevelt Road, Glen Ellyn, Illinois 60137 ---------------------------------------------- (Address of principal executive offices) (630) 545-0900 -------------- (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 March 21, 2008, Community Financial Shares, Inc. (the "Company"), the holding company for Community Bank of Wheaton/Glen Ellyn, announced that its Board of Directors declared a quarterly cash dividend on March 19, 2008 of $0.06 per share. The cash dividend will be paid on April 30, 2008 to shareholders of record at the close of business on April 16, 2008. For more information, reference is made to the Company's press release dated March 21, 2008, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. --------------------------------- (d) Exhibits Number Description ------ ----------- 99.1 Press Release dated March 21, 2008 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. Dated: March 21, 2008 By: /s/ Eric J. Wedeen ------------------------------------------ Eric J. Wedeen VICE PRESIDENT AND CHIEF FINANCIAL OFFICER