8-K

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):  January 14, 2008

SI FINANCIAL GROUP, INC.

(Exact name of registrant as specified in its charter)

United States	0-50801	84-1655232
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation or organization)	File Number)	Identification No.)

803 Main Street, Willimantic, Connecticut  06226

(Address of principal executive offices)  (Zip Code)

(860) 423-4581

(Registrant's telephone number, including area code)

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))

TABLE OF CONTENTS
Item 8.01	Other Events
Item 9.01	Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
Exhibit 99.1	Press Release dated January 14, 2008

ITEM 8.01	OTHER EVENTS.
	On January 14, 2008 SI Financial Group, Inc., parent company of Savings Institute Bank & Trust Company, has completed its acquisition of Eastern Federal Bank’s branch office located in Colchester.  The press release announcing the agreement is included as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01	FINANCIAL STATEMENTS AND EXHIBITS.
(a)	Not applicable
(b)	Not applicable
(c)	Not applicable
(d)	Exhibits
Exhibit Number	Description
99.1	Press Release Dated January 14, 2008.

	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 thereunto duly authorized.
	SI FINANCIAL GROUP, INC.
Date:  January 14, 2008	By:  /s/ Rheo A. Brouillard
	Rheo A. Brouillard
	President and Chief Executive Officer

EXHIBIT INDEX

Exhibit Number	Description
99.1:	The Company's press release dated January 14, 2008.

EX-99.1

	PRESS RELEASE
	(NASDAQ: SIFI)

SAVINGS INSTITUTE BANK & TRUST COMPANY ACQUIRES EASTERN FEDERAL BANK COLCHESTER LOCATION

Willimantic, CT, January 14, 2008 – SI Financial Group, Inc. (the “Company”) (NASDAQ Global Market: SIFI), parent company of Savings Institute Bank & Trust Company (“SIBT”), has completed its acquisition of Eastern Federal Bank’s branch office located in Colchester.

Eastern Federal Bank closed its doors at 3:00 p.m. on Friday and after the successful conversion took place over the weekend, opened under the name of Savings Institute Bank & Trust Company on Monday morning.

“We are very excited about our 21st branch,” said Rheo A. Brouillard, President and Chief Executive Officer of SI Financial Group, Inc.  “This location complements our existing branches in East Hampton, Hebron and Lebanon.  It also allows us to better serve our significant customer base already established in Colchester.”  Mr. Brouillard added that he was especially pleased that SIBT has retained the Eastern Federal staff at the Colchester location.

 With an ever broadening variety of products and services plus access to 20 additional local branches, each with convenient hours and equipped with an ATM, the resources of the Savings Institute are making banking more convenient than ever before. At the customer’s convenience, a Savings Institute mortgage originator, a commercial lender and a financial advisor can be available to meet with customers to assist with their various financial needs at the new Colchester Branch.

In addition, hours are keyed on customer convenience as well. The Lobby is staying open on Thursdays until 6:00 p.m. and on Fridays until 5:00 p.m. Monday, Tuesday and Wednesday; the lobby will close at 4:00 p.m. The drive-up opens at 8:30 a.m. daily and closes at 4:00 p.m. on Monday, Tuesday and Wednesday and also stays open until 6:00 p.m. on Thursday and 5:00 p.m. on Friday. The bank is open until noon on Saturday.

Product specials tied to checking and money market accounts, opened with new money, are being offered during the opening.

SI Financial Group, Inc. is the holding company for Savings Institute Bank & Trust Company.  Established in 1842, the Savings Institute Bank & Trust Company is a community-oriented financial services institution headquartered in Willimantic, Connecticut.  Through its twenty-oneoffices, the Bank offers a full-range of financial services to individuals, businesses and municipalities within its market area.

CONTACT:

Sandra Mitchell

Vice President / Director of Corporate Communications

Phone:  (860) 456-6509 / Email:  investorrelations@banksi.com

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