8-K

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                                 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

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        Date of report (Date of earliest event reported): July 24, 2007


                      WESTBOROUGH FINANCIAL SERVICES, INC.
             (Exact name of registrant as specified in its charter)


        Massachusetts                000-27997               04-3504121
(State or other jurisdiction        (Commission            (IRS Employer
     of incorporation)              File Number)        Identification No.)

                   100 E. Main Street, Westborough, MA 01581
              (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (508) 366-4111

                                 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
      (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 July 24, 2007, the shareholders of Westborough Financial Services, Inc. (the
"Company") approved the Agreement and Plan of Merger, dated as of November 13,
2006, among Assabet Valley Bancorp, HudWest Financial Services, Inc., Hudson
Savings Bank and Westborough Bancorp, MHC, the Company and The Westborough Bank
(the "Merger Agreement") at the annual meeting of shareholders.

A copy of the press release dated July 24, 2007 announcing shareholder approval
of the Merger Agreement is attached as Exhibit 99.1 hereto.

On July 24, 2007, the corporators of Westborough Bancorp, MHC approved the
Merger Agreement at the annual meeting of corporators.

A copy of the press release dated July 25, 2007 announcing corporator approval
of the Merger Agreement is attached as exhibit 99.2 hereto.

Item 9.01 Financial Statements and Exhibits.

(d)   The following exhibits are furnished with this report:

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

      99.1            Press release of Westborough Financial Services, Inc.
                      dated July 24, 2007.

      99.2            Press release of Westborough Bancorp, MHC dated
                      July 25, 2007.


                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.


                                   WESTBOROUGH FINANCIAL SERVICES, INC.


                                   By:     /s/ John L. Casagrande
                                           -----------------------------------
                                   Name:   John L. Casagrande
                                   Title:  Senior Vice President and Treasurer

Date: July 25, 2007

EX-99

                                                                   Exhibit 99.1

News Release

Contact:

Joseph F. MacDonough
President and Chief Executive Officer
Westborough Financial Services, Inc.
(774) 760-1201
jmacdonough@westboroughbank.com

FOR IMMEDIATE RELEASE

July 24, 2007

               WESTBOROUGH FINANCIAL SERVICES, INC. SHAREHOLDERS
                   APPROVE MERGER WITH ASSABET VALLEY BANCORP

                 Majority of Public Shares Voting Are In Favor

      Westborough, Massachusetts July 24, 2007 -- Westborough Financial
Services, Inc. (OTC Bulletin Board: WFSM.OB) ("Westborough Financial")
announced today that its shareholders have voted to approve the previously
announced agreement and plan of merger with Assabet Valley Bancorp at
Westborough Financial's annual meeting of shareholders. 1,263,572 shares, or
78.5% of the outstanding shares, voted in favor of the merger agreement, while
181,171 shares, or 11.3% of the outstanding shares, voted against the merger
agreement. There were also 1,275 abstentions. 162,956 shares, or 10.1% of the
outstanding shares, did not vote on the proposal. Westborough Bancorp, MHC, the
mutual holding company parent of Westborough Financial, owns 1,027,893 shares,
or 63.9% of Westborough Financial's outstanding common stock.

      These results also reflect that a majority of the shares voting that are
not owned by Westborough Bancorp, MHC approved the merger agreement. Of those
shares, 235,679 voted in favor, 181,171 voted against and 1,275 abstained.
Accordingly, approximately 56.4% of minority shares voting were cast in favor.

      "We are extremely pleased with the results of the shareholders meeting,"
stated Joseph F. MacDonough, President and Chief Executive Officer of
Westborough Financial. "The fact that over fifty six percent of the public
shares present at the meeting voted in favor of the merger indicates that a
majority our minority shareholders are pleased with the transaction and support
the Board of Directors' efforts to position Westborough Bank for future growth
through this merger. Of the shares that voted against the merger, we believe
that a substantial portion are owned or controlled by a small number of
previously identified shareholders who had expressed opposition to the
transaction."

      As of this date, both the Federal Deposit Insurance Corporation and the
Board of Governors of the Federal Reserve System have approved the transactions
contemplated by the merger agreement. The Massachusetts Board of Bank
Incorporation hearing regarding the transaction is scheduled for later this
week.

      About Westborough Financial Services, Inc. Westborough Financial
Services, Inc. is the stock holding company parent of The Westborough Bank.
Westborough Bank has offices in Westborough, Northborough and Shrewsbury,
Massachusetts. It employs 75 people and has assets of approximately $296
million. Westborough Financial's common stock is traded on the OTC Bulletin
Board under the symbol "WFSM.OB." Additional information about Westborough
Financial and Westborough Bank can be found at www.westboroughbank.com.

Forward-looking Information

THIS PRESS RELEASE CONTAINS CERTAIN STATEMENTS THAT ARE FORWARD-LOOKING
STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS
AMENDED, AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
RELIANCE SHOULD NOT BE PLACED ON FORWARD-LOOKING STATEMENTS BECAUSE THEY
INVOLVE UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH ARE, IN SOME
CASES, BEYOND THE CONTROL OF WESTBOROUGH FINANCIAL SERVICES, INC. ACTUAL
EVENTS, PERFORMANCE AND RESULTS COULD DIFFER MATERIALLY FROM THE ANTICIPATED
EVENT, PERFORMANCE OR RESULTS EXPRESSED OR IMPLIED IN SUCH FORWARD-LOOKING
STATEMENTS. THE FACTORS WHICH MAY CAUSE SUCH DIFFERENCES INCLUDE, AMONG OTHER
FACTORS, THE ABILITY OF THE PARTIES TO CONSUMMATE THE TRANSACTIONS CONTEMPLATED
BY THE AGREEMENT, CONDITIONS IMPOSED ON THE CONSUMMATION OF SUCH TRANSACTIONS
BY REGULATORY AGENCIES, THE COMPETITIVE ENVIRONMENT AND GENERAL ECONOMIC
CONDITIONS.

EX-99

                                                                   Exhibit 99.2

News Release

Contact:

Joseph F. MacDonough
President and Chief Executive Officer
Westborough Financial Services, Inc.
(774) 760-1201
jmacdonough@westboroughbank.com

FOR IMMEDIATE RELEASE

July 25, 2007

                      WESTBOROUGH BANCORP, MHC CORPORATORS
                   APPROVE MERGER WITH ASSABET VALLEY BANCORP

             Voting Corporators Unanimously In Favor Of Transaction

      Westborough, Massachusetts July 25, 2007 -- Westborough Bancorp, MHC, the
mutual holding company parent of Westborough Financial Services, Inc. (OTC
Bulletin Board: WFSM.OB), announced today that the previously announced
agreement and plan of merger with Assabet Valley Bancorp was unanimously
approved by Westborough Bancorp, MHC corporators in attendance at the annual
meeting last evening. The corporator vote met the statutory requirement that at
least two-thirds of Westborough Bancorp, MHC's corporators approve the merger
agreement.

      Earlier yesterday, the merger agreement was approved by the shareholders
of Westborough Financial Services, Inc.

      As of this date, both the Federal Deposit Insurance Corporation and the
Board of Governors of the Federal Reserve System have approved the transactions
contemplated by the merger agreement. The Massachusetts Board of Bank
Incorporation hearing regarding the transaction is scheduled for later this
week.

      About Westborough Financial Services, Inc. Westborough Financial
Services, Inc. is the stock holding company parent of The Westborough Bank.
Westborough Bank has offices in Westborough, Northborough and Shrewsbury,
Massachusetts. It employs 75 people and has assets of approximately $296
million. Westborough Financial's common stock is traded on the OTC Bulletin
Board under the symbol "WFSM.OB." Additional information about Westborough
Financial and Westborough Bank can be found at www.westboroughbank.com.

Forward-looking Information

THIS PRESS RELEASE CONTAINS CERTAIN STATEMENTS THAT ARE FORWARD-LOOKING
STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS
AMENDED, AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
RELIANCE SHOULD NOT BE PLACED ON FORWARD-LOOKING STATEMENTS BECAUSE THEY
INVOLVE UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH ARE, IN SOME
CASES, BEYOND THE CONTROL OF WESTBOROUGH FINANCIAL SERVICES, INC. ACTUAL
EVENTS, PERFORMANCE AND RESULTS COULD DIFFER MATERIALLY FROM THE ANTICIPATED
EVENT, PERFORMANCE OR RESULTS EXPRESSED OR IMPLIED IN SUCH FORWARD-LOOKING
STATEMENTS. THE FACTORS WHICH MAY CAUSE SUCH DIFFERENCES INCLUDE, AMONG OTHER
FACTORS, THE ABILITY OF THE PARTIES TO CONSUMMATE THE TRANSACTIONS CONTEMPLATED
BY THE AGREEMENT, CONDITIONS IMPOSED ON THE CONSUMMATION OF SUCH TRANSACTIONS
BY REGULATORY AGENCIES, THE COMPETITIVE ENVIRONMENT AND GENERAL ECONOMIC
CONDITIONS.