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


                                  JULY 17, 2006
              ----------------------------------------------------
                                 Date of Report
                        (Date of earliest event reported)


                             KEARNY FINANCIAL CORP.
              ----------------------------------------------------
             (Exact name of Registrant as specified in its Charter)

       United States                        0-51093                22-3803741
---------------------------------      ---------------           ---------------
 (State or other jurisdiction          (SEC Commission           (IRS Employer
     of incorporation)                  File No.)                Identification
                                                                 Number)

120 Passaic Avenue, Fairfield, New Jersey                           07004
-----------------------------------------                        ----------
(Address of principal executive offices)                         (Zip Code)

Registrant's telephone number, including area code: (973)244-4500
                                                    -------------

                                 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



                             KEARNY FINANCIAL CORP.


                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------


ITEM 8.01 OTHER EVENTS
          ------------

     On July 17,  2006,  the  Company's  board  of  directors  approved  a stock
repurchase  plan for up to 5% of the currently  outstanding  common  stock.  The
repurchases  will occur from time to time as deemed prudent by  management,  and
there is no expiration date for the plan.

     A copy of the July 18, 2006 press release announcing the repurchase plan is
furnished with this Form 8-K as an exhibit.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
          ---------------------------------

     (d) Exhibits:

             99 Press Release dated July 18, 2006




                                   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.


                                             KEARNY FINANCIAL CORP.


Date: July 17, 2006                          By:/s/ Craig Montanaro
                                                --------------------------------
                                                Craig Montanaro
                                                Senior Vice President