<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>bvfinancial8kjune5.txt
<TEXT>
<PAGE> 1




                                  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): June 5, 2007

                               BV FINANCIAL, INC.
                               ------------------
             (Exact name of registrant as specified in its charter)

     UNITED STATES                      0-51014             14-1920944
     -------------                      -------             ----------
(State or other jurisdiction of       (Commission          (IRS Employer
incorporation or organization)        File Number)        Identification No.)

                7114 NORTH POINT ROAD, BALTIMORE, MARYLAND 21219
                ------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                 (410) 477-5000
                                 --------------
              (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))

<PAGE> 2

ITEM 8.01       OTHER ITEMS
                -----------

         On June 5, 2007, BV Financial, Inc. (the "Company") announced the
adoption of a Rule 10b5-1 repurchase plan with Sandler O'Neill & Partners, L.P.
to facilitate the repurchase of its shares of common stock under its previously
announced stock repurchase plan for up to 132,250 shares, or 5% of the Company's
outstanding common stock held by persons other than Bay-Vanguard, M.H.C.

         The press release announcing the Plan is filed as Exhibit 99.1 and is
incorporated herein by reference.

ITEM 9.01       FINANCIAL STATEMENTS AND EXHIBITS
                ---------------------------------

         (a)    Financial Statements of Businesses Acquired: Not applicable

         (b)    Pro Forma Financial Information: Not applicable

         (c)    Shell Company Transactions: Not Applicable

         (d)    Exhibits

                Number                    Description
                ------                    -----------

                99.1                      Press Release Dated June 5, 2007

<PAGE> 3



                                   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.

                                   BV FINANCIAL, INC.




Date:  June 5, 2007                By: /s/ Edmund T. Leonard
                                       -----------------------------------------
                                       Edmund T. Leonard
                                       Chairman of the Board and Chief Financial
                                       Officer
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