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): OCTOBER 10, 2006
                         NORTH FORK BANCORPORATION, INC.
               (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

      DELAWARE                          1-10458                  36-3154608
(STATE OR OTHER JURISDICTION    (COMMISSION FILE NUMBER)       (IRS EMPLOYER
     OF INCORPORATION)                                    IDENTIFICATION NUMBER)

 275 BROADHOLLOW ROAD MELVILLE, NEW YORK                            11747
 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                         (ZIP CODE)
       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (631) 844-1004
                                 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 5.04  TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT'S EMPLOYEE BENEFIT
           PLANS.

         Pursuant to an Agreement and Plan of Merger between North Fork
Bancorporation, Inc. (the "Company") and Capital One Financial Corporation
("Capital One") dated as of March 12, 2006, the Company is expected to merge
into Capital One (the "Merger"), provided that the Company's shareholders
approve the merger, regulatory approval is obtained and certain other conditions
are satisfied. In connection with the Merger, a temporary suspension of
transactions involving the Company's 401(k) Retirement Savings Plan (the "401(k)
Plan" or the "Plan") is required in order to allow the Plan's recordkeeper to
process consideration elections made by participants in the Plan in connection
with the Merger.

         On July 26, 2006, the Company sent a notice to its directors and
executive officers informing them of a temporary suspension of transactions by
directors and executive officers involving Company equity securities in
connection with the blackout period under the 401(k) Plan. The Company sent a
notice to its directors and executive officers on August 28, 2006 notifying them
that the commencement of the blackout period with respect to the Company's
401(k) Plan described in the July 26th Notice had been delayed. The Company
subsequently sent a notice to its directors and executive officers on October
10, 2006 notifying them that the commencement of the blackout period with
respect to the Company's 401(k) Plan described in the August 28, 2006 Notice has
been delayed and is now scheduled to commence on Wednesday, October 18, 2006, at
2:00 p.m., Eastern Time. The blackout period has been delayed because the
deadline for stockholders generally to make elections in connection with the
merger between the Company and Capital One is now expected to be no earlier than
October 25, 2006, and the related deadline for participants in the 401(k) Plan
to make an election with respect to the Company common stock held in the Company
stock fund under the 401(k) Plan is delayed until Wednesday, October 18, 2006.

         The notice, which was provided to the Company's directors and executive
officers in accordance with Section 306(a) of the Sarbanes-Oxley Act of 2002 and
Rule 104 of Regulation BTR, is attached as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated herein by reference.


ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS

      (d) Exhibits:


EXHIBIT NO.       DESCRIPTION

99.1              Notice sent to directors and executive officers of North Fork
                  Bancorporation on October 10, 2006









                                    SIGNATURE

         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 hereunto duly authorized.

Date: October 10, 2006

                                                NORTH FORK BANCORPORATION, INC.

                                                /s/ John Adam Kanas
                                                -------------------------------
                                                John Adam Kanas
                                                Chairman of the Board, President
                                                and Chief Executive Officer







                                  EXHIBIT INDEX

EXHIBIT NO.       DESCRIPTION

99.1              Notice sent to directors and executive officers of North Fork
                  Bancorporation on October 10, 2006

EX-99.1

                                                                   EXHIBIT 99.1
[NORTH FORK LOGO]

                                   MEMORANDUM

                 IMPORTANT NOTICE CONCERNING LIMITATIONS ON YOUR
 TRADING IN NORTH FORK BANCORPORATION, INC. DURING 401(K) PLAN BLACKOUT PERIOD

                                                            October 10, 2006

To:  Directors and Executive Officers of North Fork Bancorporation, Inc.

From:  North Fork Bancorporation, Inc.


1.    Please be advised that a "blackout period" for the Company's 401(k)
      Retirement Savings Plan (the "401(k) Plan") will be imposed on
      transactions involving the North Fork Bancorporation (the "Company")
      common stock fund (the "Company stock fund") under the 401(k) Plan.  This
      blackout period, described in more detail below, is necessary for the
      401(k) Plan trustees to process and implement participants' instructions
      with respect to the election of consideration in the merger contemplated
      by the Agreement and Plan of Merger, dated as of March 12, 2006, by and
      among Capital One Financial Corporation ("Capital One") and the Company.
      UNDER THE SARBANES-OXLEY LAW ENACTED IN 2002, THE DIRECTORS AND EXECUTIVE
      OFFICERS OF THE COMPANY WILL GENERALLY BE PROHIBITED FROM ENGAGING IN
      TRANSACTIONS INVOLVING THE COMPANY EQUITY SECURITIES (INCLUDING OPTIONS
      AND OTHER DERIVATIVES BASED ON COMPANY STOCK) DURING THIS BLACKOUT PERIOD
      IN ADDITION TO OTHERWISE COMPLYING WITH THE COMPANY'S INSIDER TRADING
      POLICY. Dispositions of equity securities of the Company in connection
      with the Merger, including your election of merger consideration, are
      exempt under Sarbanes-Oxley from the blackout period trading restrictions.

2.    As a result of the need to process participant election instructions about
      the Merger, during the blackout period, participants in the 401(k) Plan
      will be temporarily unable to (1) make exchanges into or out of the
      Company stock fund under the 401(k) Plan, (2) take distributions of money
      invested in the Company stock fund under the 401(k) Plan, and (3) take
      loans of money invested in the Company common stock fund under the 401(k)
      Plan.

3.    The blackout period for the 401(k) Plan is expected to begin at 2:00 P.M.
      EASTERN STANDARD TIME ON WEDNESDAY, OCTOBER 18, 2006, and, assuming the
      Merger is completed on November 1, 2006, is currently expected to end on
      Monday, November 13, 2006. The blackout period will also be lifted
      promptly if the Merger is not completed. We will notify you of any changes
      that affect the dates of the blackout period. In addition, you can confirm
      the status of the blackout period by speaking with Aurelie Campbell.

4.    Generally, during the blackout period, you are prohibited from directly or
      indirectly, purchasing, selling or otherwise transferring any equity
      security of the Company that you acquired in connection with your service
      as a director or an executive officer. "Equity securities" are defined
      broadly to include options and other derivatives. Covered







      transactions are not limited to those involving your direct ownership, but
      include any transaction in which you have a pecuniary interest. You may be
      deemed to have an interest in transactions in equity securities of the
      Company by your family members. As indicated above, however, dispositions
      of equity securities of the Company in connection with the Merger are
      excluded from the trading restrictions.

5.    The prohibition covers securities acquired "in connection with service as
      a director or employment as an executive officer."  This includes, among
      other things, securities acquired under a compensatory plan or contract
      (such as under a stock option, or a restricted stock grant), as a direct
      or indirect inducement to employment or joining the Board of Directors, in
      transactions between the individual and the Company, and as director
      qualifying shares.  Securities acquired outside of an individual's service
      as a director or executive officer (such as shares acquired when the
      person was an employee but not yet an executive officer) are not covered.
      However, if you hold both covered shares and non-covered shares, any
      shares that you sell will be presumed to come first from thE covered
      shares unless you can identify the source of the sold shares and show that
      you use the same identification for all related purposes (such as tax
      reporting and disclosure requirements).

6.    The following are examples of transactions that you may not engage in
      during the blackout period:

               >> Exercising stock options granted to you in connection with
                  your service as a director or executive officer

               >> Selling Company stock that you acquired by exercising options

               >> Selling Company stock that you originally received as a
                  restricted stock grant

7.    There are certain exemptions, including:

               >> Purchases or sales under 10b5-1(c) trading plans (so long
                  as you do not make or modify your election during the blackout
                  period or at a time when you are aware of the actual or
                  approximate dates of the blackout)

               >> Bona fide gifts, bequests and transfers pursuant to domestic
                  relations orders

               >> Acquisitions and dispositions of equity securities in
                  connection with a merger, acquisition, divestiture, or similar
                  transaction

8.    If you engage in a transaction that violates these rules, you can be
      required to disgorge your profits from the transaction, and you are
      subject to civil and criminal penalties.

THE RULES SUMMARIZED ABOVE ARE COMPLEX, AND THE CRIMINAL AND CIVIL PENALTIES
THAT COULD BE IMPOSED UPON DIRECTORS AND EXECUTIVE OFFICERS WHO VIOLATE THEM
COULD BE SEVERE.

WE THEREFORE REQUEST THAT YOU CONTACT AURELIE CAMPBELL BEFORE ENGAGING IN ANY
TRANSACTION INVOLVING THE COMPANY STOCK OR DERIVATIVES BASED ON THE COMPANY
STOCK DURING THE BLACKOUT PERIOD, OR IF YOU BELIEVE THAT ANY SUCH TRANSACTION IN
WHICH YOU HAVE A PECUNIARY INTEREST MAY OCCUR DURING THE BLACKOUT PERIOD.