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): February 9, 2006


                              Lincoln Park Bancorp
             (Exact name of registrant as specified in its charter)

           Federal                    000-51078                   61-1479859
----------------------------      ---------------------      -------------------
(State or other jurisdiction      (Commission File No.)       (I.R.S. Employer
      of incorporation)                                      Identification No.)

31 Boonton Turnpike, Lincoln Park, New Jersey                        07035
---------------------------------------------                     ----------
(Address of Principal Executive Offices)                          (Zip Code)

Registrant's telephone number, including area code:  (973) 694-0330
                                                     --------------

                                 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 8.01.     Other Events
               ------------

     On February 9, 2006 the Board of  Directors  of Lincoln  Park  Bancorp (the
"Company")  declared a special cash  dividend on the  Company's  common stock of
$0.05 per share.  The dividend will be payable to  stockholders  of record as of
March 2, 2006 and will be paid on March 16, 2006.

     Lincoln Park Bancorp, MHC, majority stockholder of the Company and owner of
999,810  shares  of  the  1,851,500  total  shares  outstanding,  announced  its
intention  to waive the right to  receive  its entire  portion of the  dividend,
subject to regulatory approval.

     A copy of the  press  release  dated  February  10,  2006,  giving  details
associated with the dividend is attached as Exhibit 99 to this report.

Item 9.01      Financial Statements and Exhibits
               ---------------------------------

(a)            Financial statements of businesses acquired. Not Applicable.

(b)            Pro forma financial information. Not Applicable.

(c)            Shell company transactions: Not Applicable.

(d)            Exhibits.

               The following exhibit is attached as part of this report:

               Exhibit 99       Press Release of Lincoln Park Bancorp dated
                                February 10, 2006







                                   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, hereunto duly authorized.

                                           LINCOLN PARK BANCORP


DATE:  February 15, 2006               By: /s/ Donald S. Hom
                                           -------------------------------------
                                           Donald S. Hom
                                           President and Chief Executive Officer







                                   EXHIBIT 99

                      PRESS RELEASE OF LINCOLN PARK BANCORP