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


                                January 20, 2005
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                Date of report (Date of earliest event reported)


                           Chester Valley Bancorp Inc.
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             (Exact name of registrant as specified in its charter)


 Pennsylvania                         000-18833                   23-2598554
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(State or other jurisdiction         (Commission                (IRS Employer
of incorporation)                    File Number)            Identification No.)


100 E. Lancaster Avenue, Downingtown, Pennsylvania                      19335
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(Address of principal executive offices)                              (Zip Code)


                                 (610) 269-9700
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              (Registrant's telephone number, including area code)


                                 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 (see General Instruction A.2. below):

[X] 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 January 20, 2005, Chester Valley Bancorp Inc. and Willow Grove Bancorp, Inc.
issued a press release announcing that their boards of directors have approved a
definitive agreement to combine their companies. A copy of the press release is
being filed as Exhibit 99.1 hereto and is incorporated herein by reference.

For additional information, reference is made to the press release dated January
20, 2005, which is included as Exhibit 99.1 and is incorporated herein by
reference thereto.

ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

The following exhibit is filed herewith.

       Exhibit                                         Description
       -------                            -------------------------------------
       99.1                                Press Release dated January 20, 2005

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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 thereunto duly authorized.


                                       Chester Valley Bancorp Inc.


Date         01/20/05                  By:  /s/ Joseph T. Crowley
    -----------------------------           ------------------------------------
                                            Joseph T. Crowley
                                            Chief Financial Officer & Treasurer


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