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): April 25, 2006
                                                          --------------

                        MONADNOCK COMMUNITY BANCORP, INC.
                        ---------------------------------
             (Exact Name of Registrant as Specified in its Charter)

       Federal                         000-50810                 42-1634975
- -----------------------------     -----------------------    -------------------
(State or Other Jurisdiction)      (Commission File No.)      (I.R.S. Employer
  of Incorporation)                                          Identification No.)


One Jaffrey Road, Peterborough, NH                                   03458
- ----------------------------------                                   -----
(Address of Principal Executive Offices)                           (Zip Code)

Registrant's telephone number, including area code:  (603) 924-9654
                                                     --------------

                                 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 (see General Instruction A.2. below):

[ ] 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 5.03.  Amendments to Articles of Incorporation or Bylaws;  Change in Fiscal
Year.
- --------------------------------------------------------------------------------

The Board of Directors of Monadnock  Community  Bancorp,  Inc.  (the  "Company")
approved an amendment to Article II, Section 2 of the Company's  bylaws to state
that the annual meeting of stockholders  shall be held within 181 days after the
end of the Company's  fiscal year.  This  amendment  will be effective as of the
date of approval by the Office of Thrift  Supervision.  The Amended and Restated
Bylaws, following the proposed amendment, are included herein as Exhibit 3.2.


Item 9.01. Financial Statements and Exhibits.
- ---------------------------------------------

(a) Financial Statements of Businesses Acquired: None

(b) Pro Forma Financial Information: None

(c) Shell Company Transactions: None

(d) Exhibits:

    Exhibit  3.2:  The  Amended  and  Restated  Bylaws of  Monadnock  Community
    Bancorp, Inc.





                                   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.

                                MONADNOCK COMMUNITY BANCORP, INC.


DATE:  April 28, 2006           By: /s/ William M. Pierce, Jr.
                                    -------------------------------------
                                    William M. Pierce, Jr.
                                    President and Chief Executive Officer