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


                                  MARCH 8, 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
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 (State or other jurisdiction       (SEC Commission         (IRS Employer
     of incorporation)               File No.)              Identification
                                                            Number)

120 Passaic Avenue, Fairfield, New Jersey                       07004
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(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 March 8, 2006,  the Company  entered into a Rule 10b5-1  trading plan in
order to facilitate the previously  announced market purchases of shares to fund
the Company's 2005 Stock Compensation and Incentive Plan Trust. This Rule 10b5-1
trading  plan  provides  for  the  repurchase  of up to  400,000  shares  of the
Company's  common  stock  between  the dates of March 13,  2006 and May 5, 2006,
subject to  conditions  specified in the plan.  Shares of the  Company's  common
stock  repurchased  under  the  10b5-1  trading  plan will be  disclosed  in the
Company's  quarterly report on Form 10-Q for the period ended March 31, 2006 and
on the Company's annual report on Form 10-K for the period ended June 30, 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: March 21, 2006                           By:/s/ Albert E. Gossweiler
                                                  ------------------------------
                                                  Albert E. Gossweiler
                                                  Senior Vice President and
                                                  Chief Financial Officer