**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      8-K**

**CURRENT      REPORT**

**AJS      BANCORP, INC.**

| Federal                                                        | 000-33405                            | 36-4485429                         |
|----------------------------------------------------------------|--------------------------------------|------------------------------------|
| (State                or Other Jurisdiction)                   | (Commission                File No.) | (I.R.S.                Employer    |
| of                Incorporation)                               |                                 | Identification                No.) |
|                                                           |                                 |                               |
|                                                           |                                 |                               |
| 14757                South Cicero Avenue, Midlothian, Illinois |                                 | 60445                              |
| (Address                of Principal Executive Offices)        |                                 | (Zip                Code)          |

| 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      1.01.             Entry into a Material Definitive Agreement.**

**Item      2.02.              Results      of Operations and Financial Condition**

**Item      9.01               Financial      Statements and Exhibits**

|   | 99 | Employment                Agreement |
|--------|----|-------------------------------------|

|   | 99.1 | Announcement                of the results of operations and dividend declaration, for AJS Bancorp,                Inc. for September 30, 2007. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                                  | **AJS                BANCORP, INC.**             |
|---------------------------------------|--------------------------------------------------|
|                                  |                                             |
|                                  |                                             |
|                                  |                                             |
| DATE:                October 19, 2007 | By:                /s/ Lyn G. Rupich             |
|                                  | Lyn                G. Rupich                     |
|                                  | President/Chief                Operating Officer |

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**EXHIBIT      INDEX**

| Exhibit                No. | Description                                                                                                                                     |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |                                                                                                                                            |
| 99                         | Amended                Employment Agreement dated October 16, 2007                                                                              |
|                       |                                                                                                                                            |
| 99.1                       | Announcement                of the results of operations and dividend declaration, for AJS Bancorp,                Inc. for September 30, 2007. |