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):  February 29, 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 March 6, 2008

ITEM 8.01	OTHER EVENTS.
	On February 29, 2008 SI Financial Group, Inc., parent company of Savings Institute Bank & Trust Company, completed its acquisition of The Bank of Southern Connecticut’s branch office located in New London.  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 March 6, 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:  March 6, 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 March 6, 2008.

EX-99.1

	PRESS RELEASE
	(NASDAQ: SIFI)

SAVINGS INSTITUTE BANK & TRUST COMPANY ACQUIRES NEW BRANCH IN NEW LONDON

Willimantic, Connecticut—March 6, 2008.  SI Financial Group, Inc. (NASDAQ Global Market: SIFI), parent company of Savings Institute Bank & Trust Company (“Savings Institute”), has completed its acquisition of Bank of Southeastern Connecticut’s branch office located in New London, Connecticut.  The New London branch opened on Monday, March 3rd at 15 Masonic Street, next to the post office, in the heart of New London as Savings Institute’s 22nd branch office.

“The New London location now brings the Savings Institute's unique brand of banking and convenience to five communities in the New London region,” explains Bill Anderson, Vice President, Retail Banking.  “Unique products like e.SI Rewards CheckingTM, 501 CheckingTM for Non-Profits and, in many branches, our signature LifeStyle LobbyTM are all now more accessible to customers from East Lyme to Gales Ferry.”

While the bank has long had branches in Stonington and Groton, it has over the course of the last three years opened new branches in Gales Ferry, East Lyme, Colchester and now New London. With five locations in the immediate area, Savings Institute is looking to bring an added dimension of choice to not only personal banking customers, but also commercial customers throughout southeastern Connecticut.  The Savings Institute's New London branch is pleased to retain the majority of the Bank of Southeastern Connecticut's staff.

“One of the key advantages of being a bank of our size is our ability to fill what we see as a void in the marketplace,” comments Paul Suprin, the New London branch's Commercial Loan Officer.  “With 22 branches in total, we're at a size that can provide important value to customers needing slightly larger financing…. while not being so big that decisions are delayed in bureaucratic red tape,” concludes Mr. Suprin.

SI Financial Group, Inc. is the holding company for Savings Institute Bank and Trust Company.  Established in 1842, Savings Institute Bank and Trust Company is a community-oriented financial institution headquartered in Willimantic, Connecticut.  Through its branch locations, 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

Email:  investorrelations@banksi.com

(860) 456-6509