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 28, 2005

                           FMS Financial Corporation
             ------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)

        New Jersey                        0-17353                  22-2916440
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State or other jurisdiction       (Commission File Number)       (IRS Employer
of incorporation)                                                Identification
Number)

3 Sunset Road, Burlington, New Jersey                           08016
- ----------------------------------------                     -----------
(Address of principal executive offices)                      (Zip Code)

Registrant's telephone number, including area code: (609)386-2400
                                                    -------------

                                 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

[ ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act

[ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

[ ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act





                           FMS FINANCIAL CORPORATION
                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------

Item 8.01. Other Events
- -----------------------

         On  September  28,  2005,  the  Board  of  Directors  of FMS  Financial
Corporation  (the "Company")  authorized the repurchase in the open market of up
to 200,000  shares of the Company's  outstanding  common stock.  The Company has
6,502,960  shares of common stock  outstanding.  A copy of the press  release is
attached as Exhibit 99.1 and is incorporated by reference herein.

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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.



                                    FMS FINANCIAL CORPORATION


Date: September 28, 2005            By: /s/Craig W. Yates
                                        ----------------------------------------
                                        Craig W. Yates
                                        President and Chief Executive Officer



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