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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): December 21, 2009
DELANCO BANCORP, INC.
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(Exact name of registrant as specified in its charter)
UNITED STATES 0-52517 36-4519533
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(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
615 BURLINGTON AVENUE, DELANCO, NEW JERSEY 08075
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (856) 461-0611
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NOT APPLICABLE
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(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 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
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APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
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CERTAIN OFFICERS.
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On December 21, 2009, John W. Seiber, Chairman of the Board of Delanco
MHC (the "MHC"), Delanco Bancorp (the "Company") and its wholly-owned
subsidiary, Delanco Federal Savings Bank (the "Bank" and together with the MHC
and the Company, "Delanco"), notified Delanco that he is retiring as a director
of each of the Delanco entities effective December 31, 2009. Mr. Seiber arrived
at this decision as part of his plans to retire from business activities. From
1992 until 2004, Mr. Seiber served as President and Chief Executive Officer of
the Bank. Mr. Seiber also served as President and Chief Executive Officer of the
MHC and the Company from 2002 until 2004.
Also on December 21, 2009, Delanco's Boards of Directors appointed
James E. Igo, Delanco's current President and Chief Executive Officer, as a
director of each of the MHC, the Company and the Bank, subject to and effective
upon receipt of Office of Thrift Supervison approval.
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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.
DELANCO BANCORP, INC.
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(Registrant)
Date: December 22, 2009 By: /s/ James E. Igo
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James E. Igo
President and Chief Executive Officer