X0202 4 2007-02-13 0001163428 WILLOW FINANCIAL BANCORP, INC. WFBC 0001259295 CROWLEY JOSEPH T C/O WILLOW FINANCIAL BANK 170 SOUTH WARNER ROAD WAYNE PA 19087 0 1 0 0 Chief Financial Officer Common Stock 2007-02-13 4 I 0 226.223 13.39 A 6866.475 I By 401(k) Plan Common Stock 12364 D Common Stock 154 I By self as custodian for children Common Stock 130 I By Spouse Common Stock 47 I By First Financial Bank ESOP Stock Option (Right to Buy) 15.22 2016-01-03 Common Stock 500 500 D Reflects a discretionary transaction by the reporting person in the Issuer's 401(k) Plan in accordance with Rule 16b-3(f) resulting in the acquisition of Issuer securities. The information in this report is based on a report as of February 15, 2007. Includes 1,550.687 shares acquired under the Issuer's 401(k) plan since the date of the reporting person's last ownership report. Includes 4,086 shares granted pursuant to the 2005 Recognition and retention Plan ("RRP") which reflect the unvested portion of a grant amount covering 6,129 shares that commenced vesting at a rate of 33.33% per year on January 6, 2007. Also includes the grant of 5,419 shares pursuant to the RRP that vest over three years at 33.33% per year commencing on January 5, 2008. The 47 shares are held in the First Financial Bank Employee Stock Ownership Plan ("ESOP"). Such plan will be terminated and the shares held thereby distributed to participants upon receipt of a qualified determination letter. Does not reflect final allocation of shares held in such ESOP. The options vest at a rate of 20% per year beginning on the first anniversary of the date of grant. Joseph T. Crowley 2007-02-15