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): July 22, 2008
HOMETOWN BANCORP, INC.
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(Exact name of registrant as specified in its charter)
United States 000-52674 02-0783010
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
12 Main Street, Walden, New York 12586
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (845) 778-2171
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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))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
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(d) On July 22, 2008, the Board of Directors of Hometown Bancorp, Inc. (the
"Company"), its mutual holding company parent Hometown Bancorp, MHC and its
wholly owned subsidiary, Walden Federal Savings and Loan Association appointed
Steven E. Howell to each of their respective Board of Directors. Mr. Howell is a
certified public accountant and is a partner with Vanacore, DeBenedictus,
DiGovanni & Weddell, LLP, CPAs. The Company anticipates appointing Mr. Howell to
the Audit Committee of the Company. As a director of the Company, Mr. Howell
will be eligible to participate in the Company's Director Retirement Plan. Under
this plan, directors who have attained the normal retirement age of 65 receive a
retirement benefit based on their length of service upon termination as a member
of the Company's Board of Directors.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
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In conjunction with the appointment of the new director described above,
Article III, Section 2 of the Company's bylaws was amended to increase the
size of the Company's Board of Directors from seven members to eight
members.
The Amended and Restated Bylaws are included herein as Exhibit 3.2.
Item 9.01 Financial Statements and Exhibits.
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(d) Exhibits
Number Description
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3.2 Amended and Restated Bylaws of Hometown 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.
HOMETOWN BANCORP, INC.
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(Registrant)
Date: July 25, 2008 By: /s/ Stephen W. Dederick
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Stephen W. Dederick
Vice President and Chief Financial
Officer