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): June 6, 2006
                                                           ------------

                        ATLANTIC LIBERTY FINANCIAL CORP.
                        --------------------------------
               (Exact Name of Registrant as Specified in Charter)

            Delaware                    000-49967               16-1615014
-----------------------            ------------------       -------------------
(State or Other Jurisdiction)     (Commission File No.)       (I.R.S. Employer
      of Incorporation)                                     Identification No.)


186 Montague Street, Brooklyn, New York                          11201
---------------------------------------                       ----------
(Address of Principal Executive Offices)                      (Zip Code)

Registrant's telephone number, including area code:  (718) 855-3555
                                                     --------------



                                 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 8.01     Other Events
              ------------

On June 6,  2006 the  Company  announced  the  Office  of  Thrift  Supervision's
approval of Flushing  Financial  Corporation's  acquisition of Atlantic  Liberty
Financial Corporation. A press release is included as an exhibit.

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

(a)           Financial Statements of businesses acquired. Not Applicable.

(b)           Pro forma financial information. Not Applicable.

(c)           Exhibits.

              The following Exhibit is attached as part of this report:


              99.1     Press release dated June 6, 2006 announcing the
                       Office of Thrift Supervision's approval of Flushing
                       Financial Corporation's Acquisition of Atlantic
                       Liberty Financial Corporation.








                                   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.

                                  ATLANTIC LIBERTY FINANCIAL CORP.



DATE: June 9, 2006                By: /s/ William M. Gilfillan
                                      -------------------------
                                         William M. Gilfillan
                                           Chief Financial Officer







                                  EXHIBIT INDEX

         Exhibit No.                Description
         -----------                -----------

          99.1                      Press release dated June 6, 2006 announcing
                                    the Office of Thrift  Supervision's
                                    approval of Flushing Financial Corporation's
                                    Acquisition  of Atlantic  Liberty
                                    Financial Corporation.