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) May 6, 2002 (April 23, 2002)

                      Alliance Bancorp of New England, Inc.
               (Exact Name of Registrant as Specified in Charter)

          Delaware                      001-13405                 06-1495617
(State of Other Jurisdiction        (Commission File             IRS Employer
     of Incorporation)                   Number)              Identification No.

           348 Hartford Turnpike, Vernon, CT              06066
        (Address of Principal Executive Offices)        (Zip Code)

Registrant's telephone number, including area code (860) 875-2500

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

<PAGE>

Item 5. Other Events.

     On April 23,  2002,  the Board of  Directors  of  Alliance  Bancorp  of New
England,  Inc.  declared  a 10%  stock  split in the  form of a stock  dividend,
payable May 21,  2002 to  shareholders  of record as of May 7, 2002.  Fractional
shares will be paid in cash based on a price of $14.50 per share.  A copy of the
press release  announcing  the stock  dividend is included as Exhibit 99 to this
report, and is incorporated by reference herein and made a part hereof.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     (a)  Financial Statements of Businesses Acquired

          Not applicable

     (b)  Pro Forma Financial Information

          Not applicable

     (c)  Exhibits

          (99) Press release dated April 23, 2002.

<PAGE>

                                   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 hereto duly authorized.

                                            ALLIANCE BANCORP OF
                                              NEW ENGLAND, INC.
                                            Registrant


Date: May 6, 2002                       By: /s/ David H. Gonci
                                            ------------------------------------
                                            David H. Gonci
                                            Senior Vice President/Chief
                                            Financial Officer
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{"company-data": {"conformed-name": "ALLIANCE BANCORP OF NEW ENGLAND INC", "cik": "0001046002", "assigned-sic": "6036", "irs-number": "061495617", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13405", "film-number": "02634741"}, "business-address": {"street1": "348 HARTFORD TURNPIKE", "city": "VERNON", "state": "CT", "zip": "06066", "phone": "8608752500"}, "mail-address": {"street1": "348 HARTFORD TURNPIKE", "street2": "348 HARTFORD TURNPIKE", "city": "VERNON", "state": "CT", "zip": "06066"}}
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) May 6, 2002 (April 23, 2002)

                      Alliance Bancorp of New England, Inc.
               (Exact Name of Registrant as Specified in Charter)

          Delaware                      001-13405                 06-1495617
(State of Other Jurisdiction        (Commission File             IRS Employer
     of Incorporation)                   Number)              Identification No.

           348 Hartford Turnpike, Vernon, CT              06066
        (Address of Principal Executive Offices)        (Zip Code)

Registrant's telephone number, including area code (860) 875-2500

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.

     On April 23,  2002,  the Board of  Directors  of  Alliance  Bancorp  of New
England,  Inc.  declared  a 10%  stock  split in the  form of a stock  dividend,
payable May 21,  2002 to  shareholders  of record as of May 7, 2002.  Fractional
shares will be paid in cash based on a price of $14.50 per share.  A copy of the
press release  announcing  the stock  dividend is included as Exhibit 99 to this
report, and is incorporated by reference herein and made a part hereof.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     (a)  Financial Statements of Businesses Acquired

          Not applicable

     (b)  Pro Forma Financial Information

          Not applicable

     (c)  Exhibits

          (99) Press release dated April 23, 2002.
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 hereto duly authorized.

                                            ALLIANCE BANCORP OF
                                              NEW ENGLAND, INC.
                                            Registrant

Date: May 6, 2002                       By: /s/ David H. Gonci
                                            ------------------------------------
                                            David H. Gonci
                                            Senior Vice President/Chief
                                            Financial Officer