SOUTH JERSEY FINANCIAL CORP INC
POS AM, 1999-05-19
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
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<PAGE> 1

      As filed with the Securities and Exchange Commission on May 19, 1999
                                                    Registration No. 333-65519

================================================================================


                   U.S. SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                        POST-EFFECTIVE AMENDMENT TO THE
                                  FORM SB-2
            REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                   SOUTH JERSEY FINANCIAL CORPORATION, INC.
                (Name of Small Business Issuer in its Charter)

   DELAWARE                           6036                       22-3615289
(State or Other                (Primary Standard               (IRS Employer 
Jurisdiction of                    Industrial                Identification No.)
Incorporation or           Classification Code Number         
Organizaiton                         
                         
                    
                                       SOUTH JERSEY SAVINGS AND LOAN ASSOCIATION
    4651 ROUTE 42                                  4651 ROUTE 42
TURNERSVILLE, NEW JERSEY 08012              TURNERSVILLE, NEW JERSEY 08012
   (609) 629-6000                                 (609) 629-6000
(Address and Telephone Number           (Address of Principal Place of Business
of Principal Executive Offices)         or Intended Principal Place of Business)

                             ROBERT J. COLACICCO
                    PRESIDENT AND CHIEF EXECUTIVE OFFICER
                  SOUTH JERSEY SAVINGS AND LOAN ASSOCIATION
                                4651 ROUTE 42
                           TURNERSVILLE, NEW JERSEY
                                (609) 629-6000
          (Name, Address and Telephone Number of Agent for Service)

                                  Copies to:
                       JOSEPH A. MULDOON, JR., ESQUIRE
                         THOMAS J. HAGGERTY, ESQUIRE
                           KENT M. KRUDYS, ESQUIRE
                        MULDOON, MURPHY & FAUCETTE LLP
                         5101 WISCONSIN AVENUE, N.W.
                            WASHINGTON, D.C. 20016
                                (202) 362-0840




          SALE TO THE PUBLIC CONCLUDED FEBRUARY 12, 1999


================================================================================




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      This  Post-Effective   Amendment  No.  1  is  filed  for  the  purpose  of
deregistering  905,677  shares of the $.01 par value  Common  Stock (the "Common
Stock") of South Jersey Financial  Corporation,  Inc. (the "Company") heretofore
registered and offered  pursuant to the terms of the  Prospectus  dated December
16, 1998 (the "Prospectus").  The remaining 3,793,430 shares registered pursuant
to this  Registration  Statement  on Form  SB-2  have  been  issued  and sold as
described in the Prospectus.

      The Company has determined  that no further  shares will be offered,  sold
and  issued  pursuant  to  the  Prospectus.   The  Company  therefore   requests
deregistration  of the unissued  shares of Common Stock  registered  pursuant to
this  Registration  Statement as soon as is practicable  after the filing of the
Post-Effective Amendment No. 1.




<PAGE> 3



CONFORMED
                                  SIGNATURES

      In accordance  with the  requirements  of the  Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets all
the  requirements  of  filing  on Form  SB-2 and  authorized  this  registration
statement  to be  signed  on its  behalf  by the  undersigned,  in the  City  of
Turnersville, State of New Jersey, on May 19, 1999.

South Jersey Financial Corporation, Inc.


By:   /s/ Robert J. Colacicco
      ------------------------------------
      Robert J. Colacicco
      President, Chief Executive Officer and Director

      In accordance  with the  requirements  of the Securities Act of 1933, this
Registration Statement was signed by the following persons in the capacities and
on the dates stated.

    Name                        Title                               Date
    ----                        -----                               ----


/s/ Robert J. Colacicco         President, Chief Executive      May 19, 1999
- ---------------------------     Officer and Director                  
Robert J. Colacicco            (principal executive
                                officer)


/s/ Gregory M. DiPaolo          Executive Vice President,       May 19, 1999
- ----------------------------    Treasurer, Chief Operating            
Gregory M. DiPaolo              Officer and Director (principal
                                financial officer)


 /s/ Joseph M. Sidebotham       Corporate Secretary and         May 19, 1999
- ----------------------------    Chief Accounting Officer              
Joseph M. Sidebotham            (principal accounting officer)


*                               Director and Chairman of
- ----------------------------    the Board
Richard W. Culbertson, Jr. 

*                               Director
- ----------------------------
Arthur E. Armitage, Jr.


*                               Director
- ----------------------------
John V. Field


*                               Director
- ----------------------------
Richard G. Mohrfeld




<PAGE> 4


*                               Director
- ----------------------------
Martin Rosner


*                               Director
- ----------------------------
Ronald L. Woods

*Pursuant to the Power of Attorney filed as Exhibit 24.1 to the Registration
Statement on Form SB-2 for South Jersey Financial Corporation, Inc. on October
9, 1998.

/s/ Robert J. Colacicco         President, Chief Executive      May 19, 1999
- ----------------------------    Officer and Director                  
Robert J. Colacicco            



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