Item 8.01 Other Events

On November 24, 2008, Willow Financial Bancorp, Inc. (the "Company") issued a press release announcing a $0.115 per share cash dividend, payable on the shares of the Company's common stock. The cash dividend will be payable on December 5, 2008 to shareholders of record as of the close of business on December 1, 2008.

For additional information, reference is made to the Company's press release dated November 24, 2008, which is included as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits

The following exhibits are included herewith.

Exhibit Number Description
99.1 Press release dated November 24, 2008

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