Mail Stop 4561
								September 23, 2005


By U.S. Mail and facsimile to (973) 669-2919

Ms. Claire M. Chadwick
Executive Vice President and Chief Financial Officer
Pennfed Financial Services, Inc.
622 Eagle Rock Avenue
West Orange, NJ  07052-2989

Re:	Pennfed Financial Services, Inc.
	Item 4.02 Form 8-K
      Filed September 7, 2005
	File No. 000-24040

Dear Ms. Chadwick:

      We have reviewed your response letter dated September 21,
2005
and have the following comment.  Where indicated, we think you
should
revise your document in response to this comment.  If you
disagree,
we will consider your explanation as to why our comment is
inapplicable or a revision is unnecessary.  Please be as detailed
as
necessary in your explanation.

	Please understand that the purpose of our review process is
to
assist you in your compliance with the applicable disclosure
requirements and to enhance the overall disclosure in your filing.
We look forward to working with you in these respects.  We welcome
any questions you may have about our comments or any other aspect
of
our review.  Feel free to call us at the telephone numbers listed
at
the end of this letter.


*    *    *    *    *    *    *


1. In your Form 10-Q for the quarter ended September 30, 2005,
please
include disclosure in Item 4 about the restatement of your
September
30, 2004 financial statements and the effect of this restatement
on
the officers` conclusions regarding the effectiveness of the
company`s disclosure controls and procedures as of September 30,
2005. If the officers conclude that disclosure controls and
procedures are effective as of September 30, 2005, include in your
disclosure the corrective measures you have taken in light of the
restatement to support your effectiveness conclusion.

 *    *    *    *    *    *    *

       As appropriate, please amend your filing and respond to
this
comment within five business days or tell us when you will provide
us
with a response.  Please furnish a cover letter with your
amendment
that keys your response to our comment.  Detailed cover letters
greatly facilitate our review.

	If you have any questions, please call Lisa Haynes at (202)
551-
3424.


								Sincerely,



								Amit Pande
								Assistant Chief Accountant







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Claire M. Chadwick
Pennfed Financial Services, Inc.
September 23, 2005
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