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


                                  March 8, 2006
                ------------------------------------------------
                Date of Report (Date of earliest event reported)



                            TF FINANCIAL CORPORATION
          -------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)


           Delaware                  0-24168                74-2705050
----------------------------        ----------         ------------------------
(State or other jurisdiction        (File No.)            (IRS Employer
 of incorporation)                                        Identification Number)

3 Penns Trail, Newtown, Pennsylvania                          18940
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(Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code:        (215) 579-4000
                                                         ------------------

                                 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

     |_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act

     |_|  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act

     |_|  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
          Exchange Act




                            TF FINANCIAL CORPORATION

                      INFORMATION TO BE INCLUDED IN REPORT

                            Section 8 - Other Events


Item 8.01.  Other Events.

         By letter dated March 8, 2006, the Office of Thrift Supervision ("OTS")
terminated the Supervisory  Agreement dated August 2, 2005 (the  "Agreement") by
and  between  the OTS and Third  Federal  Bank (the  "Bank"),  the  Registrant's
wholly-owned  federal  savings  bank  subsidiary.  The  Bank  entered  into  the
Agreement  with the OTS related  solely to information  technology  matters.  No
operating restrictions were imposed on the Bank pursuant to the Agreement.

         For a complete  description  of all of the terms and  conditions of the
Agreement,  reference is made to the Registrant 's Quarterly Report on Form 10-Q
for the  quarter  ended  June 30,  2005,  which is  incorporated  herein by this
reference.












                                   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.

                            TF FINANCIAL CORPORATION


Date: March 14, 2006        By:    /s/Dennis R. Stewart
                                   --------------------------------------------
                                   Dennis R. Stewart
                                   Executive Vice President and Chief Financial
                                   Officer
                                   (Duly Authorized Representative)