Item 8.01 Other Events

On March 12, 2009, TFS Financial Corporation (the "Company") announced the completion of its third repurchase program of 2,200,000 shares of its outstanding common stock. A combined total of 23,000,000 shares were purchased under the three previous repurchase programs.

Additionally, the Board of Directors of TFS Financial Corporation approved the Company's fourth repurchase program which authorizes the repurchase of up to an additional 3,300,000 shares of the Company's outstanding common stock. The new repurchase program will commence immediately.

The stock repurchase program may be carried out at the direction of management, subject to the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other legal requirements, and any further limitations that may be established by the Board of Directors. Repurchases may be made through open market purchases, block trades, and in negotiated private transactions. The stock may be repurchased on an ongoing basis and will be subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital and the Company's financial performance. The program may be suspended, terminated or modified at any time for any reason. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes.

The information contained herein and in the accompanying exhibit shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof. The information in this report, including the exhibit hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

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