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)         January 24, 2007
                                                  ------------------------------


                   Harleysville Savings Financial Corporation
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             (Exact name of registrant as specified in its charter)


Pennsylvania                          0-29709                        23-3028464
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(State or other jurisdiction     (Commission File Number)        (IRS Employer
of incorporation)                                            Identification No.)


271 Main Street,  Harleysville, Pennsylvania                          19438
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(Address of principal executive offices)                              (Zip Code)


(Registrant's telephone number, including area code)     (215) 256-8828
                                                    ----------------------------


                                 Not Applicable
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          (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 (see General Instruction A.2 below):

[_]   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 240.14d-2(b))
[_]   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))

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Item 2.02         Results of Operations and Financial Condition
                  ---------------------------------------------

         On January 24, 2007,  Harleysville  Savings Financial  Corporation (the
"Company")  issued a press release  announcing its results of operations for the
three months ended December 31, 2006. A copy of the press release is included as
Exhibit 99.1 and is incorporated herein by reference.

         This  information,  including  the press release filed as Exhibit 99.1,
shall not be deemed to be "filed" for  purposes of Section 18 of the  Securities
Exchange Act of 1934 nor shall it be deemed to be  incorporated  by reference in
any filing under the Securities Act of 1933.

Item 8.01         Other Events
                  ------------

         On January 24,  2007,  the  Company  also  announced  that the board of
directors  approved a regular  quarterly  cash dividend of $0.17 per share to be
paid by the Company on its outstanding shares of common stock. The cash dividend
is payable February 21, 2007 to stockholders of record as of February 7, 2007.

Item 9.01         Financial Statements and Exhibits
                  ---------------------------------

      (a)         Not applicable.

      (b)         Not applicable.

      (c)         Not applicable.

      (d)         The following exhibits are included with this Report:

      Exhibit No.                Description
      ----------                 --------------------------------------

      99.1                       Press Release, dated January 24, 2007


                                       2

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                                   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.

                                      Harleysville Savings Financial Corporation


Date:  January 26, 2007              By: /s/ Brendan J. McGill
                                         ---------------------------------
                                         Name:  Brendan J. McGill
                                         Title: Senior Vice President and Chief
                                                  Financial Officer

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                                  EXHIBIT INDEX

              Exhibit No.               Description
              ---------------           ----------------------------------------
              99.1                      Press Release dated January 24, 2007