UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) November 1418, 2014

FRATERNITY COMMUNITY BANCORP, INC.

(Exact name of registrant as specified in its charter)

Maryland

0-54271

27-3683448

(State or other jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

764 Washington Boulevard, Baltimore, Maryland 21230

(Address of principal executive offices) (Zip Code)

(410) 539-1313

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

Item 15.0102 ~~Entry~~Departure ~~into~~of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On November 18, 2014, Fraternity Community Bancorp, Inc. (the “Company”) ~~entered~~and ~~into~~Fraternity anFederal ~~Agreement~~Savings and Loan Association (the “~~Agreement~~Association”) ~~with~~entered ~~Stilwell~~into ~~Value~~amendments ~~Partners~~to ~~II,~~the ~~L.P.,~~amended ~~Stilwell~~and ~~Value~~restated ~~Partners~~employment ~~VII,~~agreements Lwith Thomas K.P. Sterner, ~~Stilwell~~Chairman ~~Activist~~and ~~Fund,~~Chief ~~L.P.,~~Executive ~~Stilwell~~Officer ~~Activist~~of ~~Investments~~the Company and the Association, Land Richard C.~~P., Stilwell~~ ~~Partners~~Schultze, LPresident and Chief Operating Officer of the Company and the Association.~~P.,~~ ~~Stilwell~~The ~~Value~~amendments ~~LLC~~to the amended and ~~Joseph~~restated ~~Stilwell~~employment ~~(collectively,~~agreements change the ~~“Stilwell~~terms ~~Group”)~~of the amended and ~~Corissa~~restated J.employment agreements ~~Briglia~~previously entered into by Messrs. ~~The~~Sterner ~~Stilwell~~and ~~Group~~Schultze ~~owns~~solely ~~approximately~~with ~~8.1%~~respect ofto ~~the~~provisions ~~outstanding~~covering ~~shares~~renewal, oftermination following disability and the ~~Company’s~~definition ~~common~~of ~~stock~~Good Reason in the employment agreements.

~~The~~Previously, ~~Agreement~~under ~~provides~~the ~~that~~employment agreements, on each anniversiary of the ~~Company~~effective ~~and~~date ~~its~~of ~~wholly~~the ~~owned~~employment ~~subsidiary~~agreements, ~~Fraternity~~the ~~Federal~~disinterested members ~~Savings~~of ~~and~~the ~~Loan~~board ~~Association~~of (directors could elect to extend the ~~“Bank”),~~ ~~will~~employment beagreement ~~expanded~~term byfor ~~one~~an ~~Board~~additional ~~seat~~year. As amended, ~~and~~on ~~Ms.~~September ~~Briglia~~2 ~~will~~of beeach ~~appointed~~year, asthe aemployment ~~director~~agreements ofare ~~the~~automatically ~~Company~~renewed ~~and~~for an additional year beyond the then-current ~~Bank,~~expiration todate unless either the ~~class~~Company ofor ~~directors~~Mr. Sterner ~~with~~or ~~terms~~Mr. Schultze ~~expiring~~provides at60 ~~the~~days ~~annual~~prior ~~meeting~~written notice of ~~shareholders~~its or his intent not to extend the applicable employment agreement.

~~During~~In ~~the~~addition, ~~term~~under of the ~~Agreement,~~amendments ~~which is scheduled~~ to ~~continue through~~ the ~~date~~amended ~~of the Company’s annual meeting of shareholders in 2016, the Stilwell Group~~ and ~~Ms. Briglia~~restated ~~will~~employment ~~not~~agreements, ~~among~~if ~~other things, solicit proxies in opposition to any recommendations or proposals of~~ the Company’s ~~Board of Directors, initiate~~ or ~~solicit~~the ~~shareholder~~Association ~~proposals or seek to place any~~terminates ~~additional representatives on the Company~~Mr. Sterner’s ~~Board of Directors other than Ms. Briglia (~~or ~~any replacement director selected by the Stilwell Group in the event Ms~~Mr. ~~Briglia~~Schultze’s ~~position~~employment as a ~~director~~result of ~~the~~a ~~Company~~“disability,” oras ~~the~~that ~~Bank~~term is ~~terminated~~ ~~during~~defined ~~the~~in ~~term of~~ the ~~Agreement~~employment ~~due to her resignation~~agreements, ~~death,~~he ~~permanent~~will ~~disability~~continue orto ~~otherwise),~~receive ~~oppose~~his ~~any~~base ~~proposal~~salary orfor ~~director~~a ~~nomination~~period ~~submitted by the Board~~ of ~~Directors~~six to(6) months ~~the Company’s shareholders~~and, thereafter, ~~vote~~at ~~for~~a ~~any~~rate ~~nominee~~of ~~to the~~two-thirds ~~Company’s Board~~ (2/3) of ~~Directors~~his ~~other~~base ~~than~~salary ~~those~~through ~~nominated or supported by~~ the ~~Board~~earliest ~~of Directors, seek~~ to ~~exercise~~occur ~~any control or influence over the management~~ of ~~the~~(i) his ~~Company~~death or (ii) the ~~Boards~~date ofon ~~Directors~~which of the ~~Company~~then orcurrent ~~the~~term ~~Bank~~of ~~(although nothing in~~ the ~~Agreement~~employment ~~will~~agreement ~~prevent~~would ~~Ms. Briglia,~~have ~~from~~expired ~~expressing~~but ~~her~~for ~~views to other members of~~ the ~~Board~~termination employment atas ~~duly~~a ~~convened~~result ~~meetings~~ of ~~the~~disability. ~~Boards~~The amount of ~~Directors),~~any ~~propose~~payments orby ~~seek to effect a merger or sale of~~ the Company or ~~initiate~~the ~~litigation against~~Association ~~the~~to ~~Company~~Mr. Sterner ~~The~~or ~~Stilwell~~Mr. Schultze ~~Group~~as ~~also~~a ~~agreed~~result ~~not~~of toa ~~acquire~~disability ~~any~~will ~~additional~~be ~~shares~~reduced ofby the ~~outstanding Company common stock and~~amount, atif any, ~~Company~~payable ~~annual~~to orsuch ~~special~~individual ~~meeting of shareholders~~ during the ~~term~~same period ofunder ~~the~~any ~~Agreement,~~disability tobenefit ~~vote~~plan ~~all~~of ~~shares~~the of Company ~~common~~or ~~stock~~the itAssociation ~~beneficially~~covering ~~owns:~~him inat ~~favor of~~ the ~~nominees~~time ~~for~~of ~~election~~termination. orPrior ~~reelection~~to asthe aamendment, ~~director of~~ the ~~Company~~employment ~~selected~~agreements byprovided ~~the~~that ~~Company’s~~there ~~Board~~would ofbe ~~Directors;~~no ~~and,~~termination ~~with~~benefit ~~respect~~paid to ~~any~~Mr. Sterner ~~other proposal submitted by any Company~~or ~~shareholder,~~Mr. Schultze in ~~accordance with~~ the ~~recommendation~~event of ~~the~~termination ~~Company’s~~due ~~Board~~to ~~of Directors~~disability.

~~Upon~~Further, ~~Ms. Briglia’s~~the ~~appointment~~employment ~~and commencement~~agreements ofprovide ~~service~~for ~~as a director,~~ the ~~parties~~payment ~~will~~of ~~also~~certain benefits ~~enter~~following ~~into~~termination aby ~~Non-Disclosure~~Mr. Sterner ~~Agreement,~~or inSchultze ~~the~~for ~~form~~Good ~~attached~~Reason, toas ~~the~~defined. ~~Agreement~~Previously, ~~providing that~~ the ~~Stilwell~~definition ~~Group will maintain the confidentiality~~ of ~~any~~Good ~~non-public~~Reason ~~information~~included ~~regarding the~~a ~~Company~~material ordiminution ~~the~~of ~~Bank~~base insalary ~~full~~unless ~~compliance with federal securities laws. In~~ the ~~event~~reduction ~~the Agreement~~ is ~~terminated~~part ~~prior~~of toa ~~the~~company-wide ~~Company’s~~or ~~annual~~executive-level restructuring ~~meeting~~ of ~~shareholders in 2016, Ms~~compensation. ~~Briglia~~ ~~will~~The beamendments ~~required~~ to ~~resign from~~ the ~~Boards~~employment ~~of Directors~~agreements ofeliminated the ~~Company~~reference ~~and~~to ~~the~~executive-level ~~Bank~~restructuring.

The foregoing ~~description~~summary of the amendments to the amended and restated employment agreements is not complete and is qualified in its entirety by reference to the ~~full~~complete text of ~~the Agreement~~such documents, which isare ~~attached~~filed ~~hereto~~ as ~~Exhibit~~Exhibits 10.1, 10.2, 10.3 and is10.4 to this Form 8-K and which are incorporated herein by reference in their entirety.

Item 29.0201 ~~Results~~Financial ofStatements ~~Operations~~ and ~~Financial~~Other ~~Condition~~Exhibits

On(d) November 14, 2014, the Company announced its unaudited financial results for the three and nine months ended September, 2014. For more information, reference is made to the Company’s press release dated November 14, 2014, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith. Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


Number		Description

10.1		Amendment to the Amended and Restated Employment Agreement between Fraternity Federal Savings and Loan Association and Thomas K. Sterner

10.2		Amendment to the Amended and Restated Employment Agreement between Fraternity Federal Savings and Loan Association and Richard C. Schultze

10.3		Amendment to the Amended and Restated Employment Agreement between Fraternity Community Bancorp, Inc. and Thomas K. Sterner

10.4		Amendment to the Amended and Restated Employment Agreement between Fraternity Community Bancorp, Inc. and Richard C. Schultze

~~(d)~~SIGNATURE On November 18, 2014, the Company and the Bank expanded their Boards of Directors by one member and appointed Ms. Briglia as a director of both entities. Ms. Briglia was appointed pursuant to the terms of the Agreement described in Item 1.01 herein. No determination has been made at this time as to any specific committees of the Company’s Board of Directors to which Ms. Briglia may be appointed. There are no transactions since the beginning of the Company’s last fiscal year, or any currently proposed transaction, in which the Company was or is to be a participant and the amount involved exceeds $120,000, and in which Ms. Briglia had or will have a direct or indirect material interest.

~~For~~Pursuant ~~more~~to ~~information,~~the ~~reference is~~requirements ~~made~~of to the ~~Company’s~~Securities ~~press~~Exchange ~~release~~Act ~~dated~~of ~~November 19~~1934, ~~2014,~~the aregistrant ~~copy~~has ofduly ~~which~~caused isthis ~~attached~~report to ~~this~~be ~~Report~~signed ason ~~Exhibit~~its ~~99.2~~behalf ~~and~~by the isundersigned ~~incorporated~~thereunto ~~herein~~duly ~~by reference~~authorized.

Item 8.01 Other Events

On November 19, 2014, the Company announced its intention to terminate the registration of the Company’s common stock and suspend its reporting obligations with the Securities and Exchange Commission. For additional information, reference is made to the Company’s press release, which is attached as Exhibit 99.2 to this report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable.

(b) Not applicable.

(d) The following exhibit is furnished herewith:

Exhibit 10.1		Agreement, dated November 18, 2014, by and among, Fraternity Community Bancorp, Inc., Stilwell Value Partners II, L.P., Stilwell Value Partners VII, L.P., Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, Joseph Stilwell and Corissa J. Briglia
Exhibit 99.1		Press Release dated November 14, 2014
Exhibit 99.2		Press Release dated November 19, 2014

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 thereunto duly authorized.

FRATERNITY COMMUNITY BANCORP, INC.

Date: November 24, 2014

/s/ Richard C. Schultze

Richard C. Schultze

President and Chief Operating Officer

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