8-K

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):  May 5, 2009

DIME COMMUNITY BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Delaware	0-27782	11-3297463
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

209 Havemeyer Street, Brooklyn, New York   11211

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code:                                                                                                           (718) 782-6200

None

(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 240.14d-2(b))
	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 Plan

On or about May 5, 2009, the plan trustee for the The Dime Savings Bank of Williamsburgh 401(K) Plan (the "Plan") mailed a notice to directors, executive officers, officers and employees of Dime Community Bancshares, Inc. (the "Company") and its wholly owned subsidiary, the Dime Savings Bank of Williamsburgh (the "Bank"), informing them that a blackout period with respect to the Plan will be in effect beginning at 4:00 PM Eastern Time on June 12, 2009, and ending on June 30, 2009.  The notice was provided to the directors and executive officers in accordance with Section 306 of the Sarbanes-Oxley Act of 2002, and Rule 104 of Regulation BTR.  Outside directors of both the Company and Bank are not eligible to participate in the Plan.  Three employee directors of both the Company and Bank, as well as all executive officers of both the Company and Bank, do participate in the Plan.

A copy of the notice dated May 5, 2009 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.   Financial Statements and Exhibits.

          (d) Exhibits

  Exhibit No.                                Description

99.1                   Notice sent to executive officers, officers and employee participants of The Dime Savings Bank of Williamsburgh 401(k) Plan on or about May 5, 2009.

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.

DIME COMMUNITY BANCSHARES, INC.

/s/ KENNETH J. MAHON

By:  ___________________________________________

Kenneth J. Mahon

First Executive Vice President and Chief Financial Officer

Dated: May 14, 2009

EX-99.1

Exhibit 99.1

PENTEGRA RETIREMENT SERVICES

MEMO

Date:        May 5, 2009

To:           The Dime Savings Bank of Williamsburgh 401(k) Savings Plan Participants

From:       Pentegra Retirement Services, your new retirement plan service provider

Re:           Important information about the interruption of access to your retirement account due to a

change of plan recordkeeper from 4:00 PM ET Friday, June 12, 2009 to

Tuesday, June 30, 2009, a Blackout Period

Pentegra Retirement Services is pleased to be your new retirement plan provider through its acquisition of RSGroup.  One of the many benefits of our new organization is the ability to provide you with superior technology, enhanced services and improved plan communication through a new quarterly account statement.  So you can fully experience these benefits, we must transition your plan to Pentegra's recordkeeping system.  During the transition period noted above, you will not be able to access your account for the following:

·   To direct or diversify investment

·   To obtain a distribution

·   To obtain a loan, if permitted by your plan

You will be able to:

·   Continue previously initiated payroll deductions and employer contributions

·   Continue repayments to existing loan

Note:  There will be no changes to your existing investment funds.  Your investments will transition exactly as they exist in your account today.

You should consider your immediate retirement concerns and how a lack of access to your account for a period of approximately two weeks may affect both your retirement and your overall financial plans – especially in this period of historic financial market volatility. For instance, it is very important that you review and consider the appropriateness of your current investments during the Blackout Period.  This is an excellent time to look at your long-term retirement security.  You should carefully consider the following:

·   The importance of a well-balanced and diversified investment portfolio taking into account all your assets, income and investments

·   The additional risks associated with holding substantial portions of your assets in the securities of any one company due to the wider price swings up and down in short periods compared to more diversified funds

·   Stocks that have wide price swings and might have a large loss during the Blackout Period when you would not be able to direct the sale of those stocks from your account, especially important to consider at this time due to the extreme stock market volatility we are experiencing

You will receive a letter from Pentegra containing your Personal Identification Number (PIN) to access your plan through www.pentegra.com.  This letter will signal the end of the Blackout Period.

Future communications will provide more information about Pentegra's system.

Questions

Please contact Pentegra's Participant Call Center at (212) 503-2814 or email

PentegraAnswers@pentegra.com or contact your employer plan representative

For more information on Pentegra please visit www.pentegra.com.