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 29, 2004
                                                         ------------------

                        PENNFED FINANCIAL SERVICES, INC.
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             (Exact name of Registrant as specified in its charter)


          Maryland                         0-24040             22-3297339
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(State or other jurisdiction of          (Commission        (I.R.S. Employer
 incorporation or organization)          File Number)     Identification Number)


622 Eagle Rock Avenue, West Orange, New Jersey                     07052-2989
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(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:  (973) 669-7366
                                                    ----------------------------

                                       N/A
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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))






Item 8.01.  Other Events

     On September  29, 2004,  PennFed  Financial  Services,  Inc.  (the Company)
issued  the press  release  attached  hereto as  Exhibit  99.1,  announcing  the
declaration of a 2-for-1 split in the form of a 100% stock dividend.

Item 9.01.  Financial Statements and Exhibits

     (c)  Exhibits

            Regulation
            S-K Exhibit
               Number                              Document
            -----------                       -------------------

                99.1                          Press Release dated
                                              September 29, 2004





                                   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 thereunto duly authorized.



                                            PENNFED FINANCIAL SERVICES, INC.



Date: September 29, 2004                    By:  /s/ Joseph L. LaMonica
                                                -----------------------
                                                Joseph L. LaMonica
                                                President and Chief
                                                Executive Officer