**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      8-K**

**CURRENT      REPORT**

| Date                of Report (Date of earliest event reported) |                  November 21, 2006 |
|-----------------------------------------------------------------|-----------------------------------------|

| Stewardship                Financial Corporation                                     |
|--------------------------------------------------------------------------------------|
| (Exact                name of registrant as specified in its                charter) |

| New                Jersey                      |   | 0-21855                     |   | 22-3351447                         |
|------------------------------------------------|--------|-----------------------------|--------|------------------------------------|
| (State                or other jurisdiction of |   | (Commission                 |   | (IRS                Employer       |
| incorporation)                                 |   | File                Number) |   | Identification                No.) |

| 630                Godwin Avenue, Midland Park, NJ      |   | 07432                     |
|---------------------------------------------------------|--------|---------------------------|
| (Address                of principal executive offices) |   | (Zip                Code) |

| Registrant’s                telephone number, including area code | (201)                444-7100 |
|-------------------------------------------------------------------------|-------------------------------|

|                                                                                        |
|---------------------------------------------------------------------------------------------|
| (Former                name or former address, if changed since last                report) |

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| o | Written                communications pursuant to Rule 425 under the Securities Act (17                CFR                230.425) |
|---|------------------------------------------------------------------------------------------------------------------------------------|

| o | Soliciting                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR                240.14a-12) |
|---|----------------------------------------------------------------------------------------------------------------------|

| o | Pre-commencement                communications pursuant to Rule 14d-2(b) under the Exchange Act (17                CFR                240.14d-2(b)) |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| o | Pre-commencement                communications pursuant to Rule 13e-4(c) under the Exchange Act (17                CFR                240.13e-4(c)) |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item      8.01   Other Events**

**Item      9.01.   Financial Statements and Exhibits**

|   | (d) | The                following exhibit is furnished pursuant to Item 8.01 and shall not                be                deemed to be “filed”: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Exhibit                No.  |   | Description                                          |   |
|--------|-----------------------------|--------|------------------------------------------------------|--------|
|   |                        |   |                                                 |   |
|   | Exhibit                99.1 |   | Press                Release dated November 22, 2006 |   |

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**Signatures**

| Date:                November                24, 2006 | Stewardship                Financial Corporation |                                               |
|-------------------------------------------------------|--------------------------------------------------|----------------------------------------------------|
|                                                  |                                             |                                               |   |
|                                                  | /s/                                         |  Julie              E. Holland                |   |
|                                                  |                                             | Julie                E. Holland                    |   |
|                                                  |                                             | Senior                Vice President and Treasurer |   |