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 20, 2007
                                                         -----------------



                        NEW YORK COMMUNITY BANCORP, INC.
             (Exact name of registrant as specified in its charter)




          Delaware                    1-31565                   06-1377322
------------------------------  -----------------------    -------------------
 (State or other jurisdiction   Commission File Number     (I.R.S. Employer
    of incorporation or                                    Identification No.)
      organization)


                  615 Merrick Avenue, Westbury, New York 11590
                    (Address of principal executive offices)


                                 (516) 683-4100
              (Registrant's telephone number, including area code)



                                 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-4c under the Exchange
     Act (17 CFR 240.13e-4(c))


                           CURRENT REPORT ON FORM 8-K


Item 8.01         Other Events

     On February 20, 2007, New York Community Bancorp, Inc. (the "Company")
issued a press release announcing that the prospective merger of Penn Federal
Savings Bank, the primary subsidiary of PennFed Financial Services, Inc.
("PennFed"), with and into New York Community Bank, the Company's savings bank
subsidiary, was approved by the FDIC. The merger is expected to be completed
immediately following the acquisition of PennFed by New York Community Bancorp,
Inc. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01         Financial Statements and Exhibits

(d)  Attached as Exhibit 99.1 is the press release issued by the Company on
     February 20, 2007 to announce the FDIC's approval of the merger of Penn
     Federal Savings Bank with and into New York Community Bank.






                                    SIGNATURE


     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.

Date: February 20, 2007                      NEW YORK COMMUNITY BANCORP, INC.
      -----------------

                                         /s/ Ilene A. Angarola
                                         ------------------------------------
                                             Ilene A. Angarola
                                             First Senior Vice President
                                             and Director, Investor Relations



                                  EXHIBIT INDEX


Exhibit 99.1    Press release issued by the Company on February 20, 2007.