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
Date of Report (Date of earliest event reported): January 16, 2007
GREENE COUNTY BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)
Federal 0-25165 14-1809721
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(State or Other Jurisdiction (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
302 Main Street, Catskill NY 12414
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (518) 943-2600
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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 (see General Instruction A.2. below):
[ ] 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
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On January 16, 2007, the Board of Directors of Greene County Bancorp, Inc.
approved a semiannual cash dividend of $0.25 per share. A press release
announcing the details of the declaration is filed as Exhibit 99.1.
Greene County Bancorp, MHC, majority stockholder of the Greene County
Bancorp, Inc. and owner of 2,304,632 shares of the 4,146,826 total shares
outstanding, waived the right to receive its portion of the dividend, based on
action of its Board of Directors. Accordingly, the dividend will be paid only on
the 1,842,194 shares owned by minority stockholders of Greene County Bancorp,
Inc.
Exhibit No. Description
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99 Press release dated January 17, 2007
SIGNATURES
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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.
GREENE COUNTY BANCORP, INC.
DATE: January 22, 2006 By: /s/ J. Bruce Whittaker
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J. Bruce Whittaker
President and Chief Executive Officer