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     Exhibit 4.1 Specimen Stock Certificate of Clifton Savings Bancorp, Inc.



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COMMON STOCK                                                        COMMON STOCK
CERTIFICATE NO.
                                                                    SHARES


                          CLIFTON SAVINGS BANCORP, INC.
                  ORGANIZED UNDER THE LAWS OF THE UNITED STATES


THIS CERTIFIES THAT                   SPECIMEN

is the owner of:


       FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK $0.01 PAR VALUE
                   PER SHARE OF CLIFTON SAVINGS BANCORP, INC.
               A SUBSIDIARY STOCK HOLDING COMPANY ORGANIZED UNDER
                         THE LAWS OF THE UNITED STATES.

     The shares represented by this certificate are transferable only on the
stock transfer books of Clifton Savings Bancorp, Inc. (the "Company") by the
holder of record hereof, or by his duly authorized attorney or legal
representative, upon the surrender of this certificate properly endorsed. This
certificate and the shares represented hereby are issued and shall be held
subject to all the provisions of the Charter of the Company and any amendments
thereto (copies of which are on file with the Corporate Secretary of the
Company), to all of which provisions the holder by acceptance hereof, assents.
The shares evidenced by this certificate are not of an insurable type and are
not insured by the Federal Deposit Insurance Corporation.

     IN WITNESS WHEREOF, CLIFTON SAVINGS BANCORP, INC. has caused this
certificate to be executed by the signatures of its duly authorized officers and
has caused its corporate seal to be hereunto affixed.

Dated:                                         [SEAL]
             Chief Executive Officer                         Corporate Secretary

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The following abbreviations, when used in the inscription on the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

<TABLE>
<CAPTION>
<S>                                                                          <C>

TEN COM  -  as tenants in common                     UNIF GIFTS MIN ACT - __________ custodian __________
                                                                      (Cust)                     (Minor)

TEN ENT  -  as tenants by the entireties                                under Uniform Gifts to Minors Act

                                                                               ____________________
                                                                                      (State)
JT TEN   -  as joint tenants with right of
             survivorship and not as tenants
             in common
</TABLE>

     Additional abbreviations may also be used though not in the above list.

For value received __________ hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
   IDENTIFICATION NUMBER OF ASSIGNEE

________________________________________________________________________________
Please print or typewrite name and address including postal zip code of
assignee.


__________________________________________________ shares of the common stock
represented by this certificate and do hereby irrevocably constitute and appoint
______________________________________________________________________________,
attorney, to transfer the said stock on the books of the within-named bank with
full power of substitution in the premises.


DATED  ______________              _____________________________________________
                                   NOTICE: The signature to this assignment must
                                   correspond with the name as written upon the
                                   face of the certificate in every particular
                                   without alteration or enlargement or any
                                   change whatever.



SIGNATURE GUARANTEED:  ______________________________________________
                       THE SIGNATURE(S) SHOULD BE GUARANTEED
                       BY AN ELIGIBLE GUARANTOR INSTITUTION,
                       (BANKS, STOCKBROKERS, SAVINGS AND LOAN
                       ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP
                       IN AN APPROVED SIGNATURE GUARANTEE MEDALLION
                       PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15