<PAGE> 1
As filed with the Securities and Exchange Commission on April 11, 2000
                                              Registration No. 333-_____
================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM S-8
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
   (exact name of registrant as specified in its certificate of incorporation)
         DELAWARE                                        22-3615289
(state or other jurisdiction of               (IRS Employer Identification No.)
incorporation or organization)

                                  4651 ROUTE 42
                         TURNERSVILLE, NEW JERSEY 08012
                                 (856) 629-6000
               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)

                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
                             2000 STOCK OPTION PLAN
                                     and
                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
                           2000 RESTRICTED STOCK PLAN
                            (Full Title of the Plans)
                       ----------------------------------
ROBERT J. COLACICCO                       COPIES TO:
PRESIDENT AND CHIEF EXECUTIVE OFFICER     JOSEPH A. MULDOON, ESQUIRE
SOUTH JERSEY FINANCIAL CORPORATION, INC.  THOMAS J. HAGGERTY, ESQUIRE
4651 ROUTE 42                             KENT M. KRUDYS, ESQUIRE
TURNERSVILLE, NEW JERSEY 08012            MULDOON, MURPHY & FAUCETTE LLP
(856) 629-6000                            5101 WISCONSIN AVENUE, N.W.
                                          WASHINGTON, D.C. 20016
                                          (202) 362-0840
(Name, address, including zip code, and
telephone number, including area code, of agent for service)

        APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO PUBLIC: As
    soon as practicable after this Registration Statement becomes effective.

 If any of the securities being registered on this Form are to be offered on a
  delayed or continuous basis pursuant to Rule 415 under the Securities Act of
                      1933, check the following box. / X /
                                                     ----
<TABLE>
<CAPTION>
======================================================================================================
   Title of each Class of       Amount to be   Proposed Purchase   Estimated Aggregate  Registration
Securities to be Registered    Registered(1)   Price Per Share       Offering Price         Fee
------------------------------------------------------------------------------------------------------
     <S>                         <C>              <C>                  <C>                <C>
      Common Stock                379,343
     $.01 Par Value              Shares (2)       $15.50 (3)           $5,879,817         $1,552
------------------------------------------------------------------------------------------------------
      Common Stock                108,869
     $.01 Par Value              Shares (4)       $18.94 (5)           $2,061,979         $  544
------------------------------------------------------------------------------------------------------
(1) Together with an  indeterminate  number of  additional  shares  which may be
    necessary to adjust the number of shares  reserved for issuance  pursuant to
    the South Jersey  Financial  Corporation,  Inc.  2000 Stock Option Plan (the
    "Stock  Option  Plan")  and the South  Jersey  Financial  Corporation,  Inc.
    Restricted Stock Plan (the "Restricted Stock Plan") as the result of a stock
    split,  stock dividend or similar adjustment of the outstanding common stock
    of South Jersey pursuant to 17 C.F.R. Section 230.416(a).
(2) This  number represents the total number of shares of South Jersey Financial
    Corporation,  Inc.  currently  reserved or available  for issuance  upon the
    exercise  of stock  options  pursuant  to the  Stock  Option  Plan.  This is
    pursuant to 17 C.F.R. Section 457.
(3) Represents the fair market value of South Jersey Financial Corporation, Inc.
    Common Stock on February 16, 2000 for which options for 379,343 shares under
    the Stock Option Plan have been granted.
(4) Represents  the  total  number of shares currently reserved or available for
    issuance  upon the grant of stock awards  pursuant to the  Restricted  Stock
    Plan. This is pursuant to 17 C.F.R. Section 457.
(5) Represents  the fair market value of the South Jersey Financial Corporation,
    Inc. Common Stock on March 29, 2000.
</TABLE>
THIS  REGISTRATION  STATEMENT SHALL BECOME EFFECTIVE  IMMEDIATELY UPON FILING IN
ACCORDANCE  WITH SECTION 8(A) OF THE  SECURITIES  ACT OF 1933, AS AMENDED,  (THE
"SECURITIES ACT") AND 17 C.F.R. SECTION 230.462.
Number of Pages 35
Exhibit Index begins on Page 10

<PAGE> 2



SOUTH JERSEY FINANCIAL CORPORATION, INC.

PART I     INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

ITEMS 1 & 2. South Jersey  Financial  Corporation,  Inc.  (the  "Registrant"  or
"South  Jersey") is offering  shares of its common  stock  pursuant to the South
Jersey  Financial  Corporation,  Inc.  2000 Stock Option Plan (the "Stock Option
Plan") and the South Jersey  Financial  Corporation,  Inc. 2000 Restricted Stock
Plan (the "Restricted Stock Plan"). The documents containing the information for
the Stock Option Plan and the  Restricted  Stock Plan  required by Part I of the
Registration Statement will be sent or given to the participants in the plans as
specified by Rule  428(b)(1).  Such  documents are not filed with the Securities
and  Exchange  Commission  (the  "SEC")  either  as a part of this  Registration
Statement or as a prospectus  or prospectus  supplement  pursuant to Rule 424 in
reliance on Rule 428.

PART II   INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

      The following documents filed or to be filed with the SEC are incorporated
by reference in this Registration Statement:

      (a) The Form 10-KSB report filed on March 29, 2000 by the  Registrant  for
the fiscal year ended December 31, 1999 (File No.  000-24997) which includes the
consolidated   statement  of  financial  condition  of  South  Jersey  Financial
Corporation,  Inc. and subsidiary  (the  "Company") as of December 31, 1999, and
the related consolidated  statements of income,  changes in stockholders' equity
and cash flows for the year then  ended,  as well as the  related  statement  of
financial   condition  of  South  Jersey  Savings  and  Loan   Association  (the
"Predecessor Association") as of December 31, 1998 and the related statements of
income and retained  earnings,  and cash flows for the years ended  December 31,
1998 and 1997,  together  with the related  notes and  reports of  Deloitte  and
Touche LLP, dated January 28, 2000 (March 15, 2000 as to Note 17).

      (b) The description of Registrant's common stock contained in Registrant's
Form 8-A12G  (File No.  000-24497),  as filed with the SEC,  pursuant to Section
12(g) of the  Securities  Exchange  Act of 1934  (the  "Exchange  Act") and Rule
12b-15  promulgated  thereunder,  on October 26, 1998 and declared  effective on
December  16,  1998,  as  incorporated   by  reference  from  the   Registrant's
Registration  Statement on Form SB-2 (SEC No. 333-65519) as amended and declared
effective on December 16, 1998.

      (c) All documents  filed by the  Registrant  pursuant to Section 13(a) and
(c),  14 or 15(d) of the  Exchange  Act after the date  hereof  and prior to the
filing of a  post-effective  amendment  which  deregisters  all securities  then
remaining unsold.

       ANY STATEMENT CONTAINED IN THIS REGISTRATION  STATEMENT, OR IN A DOCUMENT
INCORPORATED OR DEEMED TO BE INCORPORATED BY REFERENCE  HEREIN,  SHALL BE DEEMED
TO BE MODIFIED OR SUPERSEDED FOR PURPOSES OF THIS REGISTRATION  STATEMENT TO THE
EXTENT THAT A STATEMENT  CONTAINED  HEREIN, OR IN ANY OTHER  SUBSEQUENTLY  FILED
DOCUMENT WHICH ALSO IS  INCORPORATED  OR DEEMED TO BE  INCORPORATED BY REFERENCE
HEREIN, MODIFIES OR SUPERSEDES SUCH STATEMENT. ANY SUCH STATEMENT SO MODIFIED OR
SUPERSEDED  SHALL  NOT BE  DEEMED,  EXCEPT  AS SO  MODIFIED  OR  SUPERSEDED,  TO
CONSTITUTE A PART OF THIS REGISTRATION STATEMENT.



                                        2

<PAGE> 3



ITEM 4.  DESCRIPTION OF SECURITIES

      The common  stock to be offered  pursuant to the Plan has been  registered
pursuant to Section 12 of the Exchange Act.  Accordingly,  a description  of the
common stock is not required herein.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

      None.

      The  validity of the Common Stock  offered  hereby has been passed upon by
Muldoon, Murphy & Faucette LLP, Washington, DC, for the Registrant.

ITEM 6.      INDEMNIFICATION OF DIRECTORS AND OFFICERS

      Directors and officers of the Registrant are indemnified and held harmless
against liability to the fullest extent  permissible by the General  Corporation
Law of the State of  Delaware  as it  currently  exists or as it may be  amended
provided any such amendment  provides  broader  indemnification  provisions than
currently exists.

In accordance  with the General  Corporation Law of the State of Delaware (being
Chapter  1 of  Title  8 of  the  Delaware  Code),  Articles  10  and  11 of  the
Registrant's Certificate of Incorporation provide as follows:

TENTH:

A. Each person who was or is made a party or is threatened to be made a party to
or is  otherwise  involved in any action,  suit or  proceeding,  whether  civil,
criminal,  administrative  or  investigative  (hereinafter a  "proceeding"),  by
reason  of the fact that he or she is or was a  Director  or an  Officer  of the
Corporation  or is or  was  serving  at the  request  of  the  Corporation  as a
Director, Officer, employee or agent of another corporation or of a partnership,
joint venture,  trust or other enterprise,  including service with respect to an
employee benefit plan (hereinafter an  "indemnitee"),  whether the basis of such
proceeding  is alleged  action in an official  capacity as a Director,  Officer,
employee  or agent,  or in any  other  capacity  while  serving  as a  Director,
Officer,  employee  or agent,  shall be  indemnified  and held  harmless  by the
Corporation to the fullest extent authorized by the Delaware General Corporation
Law, as the same exists or may  hereafter  be amended  (but,  in the case of any
such amendment,  only to the extent that such amendment  permits the Corporation
to  provide  broader   indemnification   rights  than  such  law  permitted  the
Corporation to provide prior to such amendment),  against all expense, liability
and loss (including  attorneys' fees,  judgments,  fines,  ERISA excise taxes or
penalties  and amounts paid in  settlement)  reasonably  incurred or suffered by
such indemnitee in connection  therewith;  provided,  however,  that,  except as
provided in Section C hereof with respect to  proceedings  to enforce  rights to
indemnification,   the  Corporation  shall  indemnify  any  such  indemnitee  in
connection with a proceeding (or part thereof) initiated by such indemnitee only
if such proceeding (or part thereof) was authorized by the Board of Directors of
the Corporation.

B. The right to  indemnification  conferred in Section A of this  Article  TENTH
shall include the right to be paid by the Corporation  the expenses  incurred in
defending any such proceeding in advance of its final  disposition  (hereinafter
an "advancement of expenses");  provided, however, that, if the Delaware General
Corporation Law requires,  an advancement of expenses  incurred by an indemnitee
in his or her capacity as a Director or Officer  (and not in any other  capacity
in which  service  was or is  rendered by such  indemnitee,  including,  without
limitation,  services  to an  employee  benefit  plan)  shall be made  only upon
delivery to the

                                      3

<PAGE> 4



Corporation of an undertaking (hereinafter an "undertaking"), by or on behalf of
such  indemnitee,  to repay all amounts so advanced  if it shall  ultimately  be
determined  by final  judicial  decision from which there is no further right to
appeal (hereinafter a "final adjudication") that such indemnitee is not entitled
to be indemnified for such expenses under this Section or otherwise.  The rights
to  indemnification  and to the advancement of expenses  conferred in Sections A
and B of this  Article  TENTH  shall be contract  rights and such  rights  shall
continue as to an indemnitee who has ceased to be a Director,  Officer, employee
or agent and shall inure to the benefit of the indemnitee's heirs, executors and
administrators.

C. If a claim under  Section A or B of this Article TENTH is not paid in full by
the Corporation within sixty days after a written claim has been received by the
Corporation,  except in the case of a claim for an advancement  of expenses,  in
which case the applicable period shall be twenty days, the indemnitee may at any
time thereafter  bring suit against the Corporation to recover the unpaid amount
of the claim.  If  successful in whole or in part in any such suit, or in a suit
brought by the Corporation to recover an advancement of expenses pursuant to the
terms of an  undertaking,  the indemnitee  shall be entitled to be paid also the
expenses of  prosecuting  or defending such suit. In (i) any suit brought by the
indemnitee to enforce a right to  indemnification  hereunder  (but not in a suit
brought by the  indemnitee to enforce a right to an  advancement of expenses) it
shall be a defense that,  and (ii) in any suit by the  Corporation to recover an
advancement of expenses  pursuant to the terms of an undertaking the Corporation
shall be entitled to recover such expenses upon a final  adjudication  that, the
indemnitee has not met any applicable  standard for indemnification set forth in
the Delaware  General  Corporation  Law.  Neither the failure of the Corporation
(including  its  Board  of  Directors,   independent   legal  counsel,   or  its
stockholders)  to have made a  determination  prior to the  commencement of such
suit that  indemnification  of the  indemnitee  is  proper in the  circumstances
because the indemnitee  has met the applicable  standard of conduct set forth in
the  Delaware  General  Corporation  Law,  nor an  actual  determination  by the
Corporation (including its Board of Directors, independent legal counsel, or its
stockholders)  that the  indemnitee  has not met  such  applicable  standard  of
conduct,  shall  create  a  presumption  that  the  indemnitee  has  not met the
applicable  standard  of conduct  or, in the case of such a suit  brought by the
indemnitee,  be a defense to such suit. In any suit brought by the indemnitee to
enforce a right to indemnification  or to an advancement of expenses  hereunder,
or by the  Corporation  to recover an  advancement  of expenses  pursuant to the
terms of an  undertaking,  the  burden of  proving  that the  indemnitee  is not
entitled  to be  indemnified,  or to such  advancement  of  expenses  under this
Article TENTH, or otherwise shall be on the Corporation.

D. The rights to indemnification and to the advancement of expenses conferred in
this  Article  TENTH shall not be  exclusive of any other right which any person
may have or hereafter acquire under any statute,  the Corporation's  Certificate
of  Incorporation,  Bylaws,  agreement,  vote of stockholders  or  Disinterested
Directors or otherwise.

E. The Corporation may maintain insurance, at its expense, to protect itself and
any Director,  Officer,  employee or agent of the  Corporation  or subsidiary or
Affiliate or another  corporation,  partnership,  joint venture,  trust or other
enterprise  against  any  expense,   liability  or  loss,  whether  or  not  the
Corporation  would have the power to indemnify such person against such expense,
liability or loss under the Delaware General Corporation Law.

F. The Corporation may, to the extent  authorized from time to time by the Board
of Directors, grant rights to indemnification and to the advancement of expenses
to any  employee  or agent  of the  Corporation  to the  fullest  extent  of the
provisions  of this  Article  TENTH  with  respect  to the  indemnification  and
advancement of expenses of Directors and Officers of the Corporation.

                                      4

<PAGE> 5



ELEVENTH:

A Director of this Corporation shall not be personally liable to the Corporation
or its  stockholders  for  monetary  damages for breach of  fiduciary  duty as a
Director,  except for liability:  (i) for any breach of the  Director's  duty of
loyalty to the Corporation or its  stockholders;  (ii) for acts or omissions not
in good faith or which involve intentional  misconduct or a knowing violation of
law; (iii) under Section 174 of the Delaware  General  Corporation  Law; or (iv)
for any  transaction  from  which the  Director  derived  an  improper  personal
benefit.  If the  Delaware  General  Corporation  Law is  amended  to  authorize
corporate  action  further  eliminating  or limiting the  personal  liability of
Directors,  then  the  liability  of a  Director  of the  Corporation  shall  be
eliminated or limited to the fullest  extent  permitted by the Delaware  General
Corporation Law, as so amended.

Any repeal or modification of the foregoing paragraph by the stockholders of the
Corporation  shall not adversely affect any right or protection of a Director of
the Corporation existing at the time of such repeal or modification.


ITEM 7.   EXEMPTION FROM REGISTRATION CLAIMED

      Not applicable.

ITEM 8.   LIST OF EXHIBITS

      The following  exhibits are filed with or  incorporated  by reference into
this  Registration  Statement on Form S-8  (numbering  corresponds  generally to
Exhibit Table in Item 601 of Regulation S-K):

      4        Stock Certificate of South Jersey Financial Corporation, Inc.1

      5        Opinion of Muldoon, Murphy & Faucette LLP, Washington,  DC, as to
               the legality of the Common Stock registered hereby.

      10.1     South Jersey Financial Corporation, Inc. 2000 Stock Option Plan

      10.2     South Jersey  Financial  Corporation,  Inc. 2000 Restricted Stock
               Plan

      23.1     Consent  of  Muldoon,  Murphy &  Faucette  LLP  (contained in the
               opinion included as Exhibit 5).

      23.2     Consent of Deloitte & Touche LLP.

      24       Power of Attorney is located on the signature pages.

--------------------------
1     Incorporated  herein  by  reference  from  the  Exhibit of the same number
      contained in the Registration  Statement on Form SB-2 (SEC No. 333-65519),
      as amended and declared effective on December 16, 1998.


                                        5

<PAGE> 6



ITEM 9.   UNDERTAKINGS

      (a)   The undersigned Registrant hereby undertakes:

            (1)   To  file,  during  any  period  in which  it  offers  or sells
                  securities,  a post-effective  amendment to this  Registration
                  Statement to:

                  (i)   Include any  Prospectus  required by Section 10(a)(3) of
                        the Securities Act;

                  (ii)  Reflect in the  Prospectus  any facts or events  arising
                        after the effective date of the  Registration  Statement
                        (or the most recent  post-effective  amendment  thereof)
                        which,  individually  or in the  aggregate,  represent a
                        fundamental   change   in   the   information   in   the
                        Registration  Statement.  Notwithstanding the foregoing,
                        any increase or decrease in volume of securities offered
                        (if the total dollar value of  securities  offered would
                        not exceed that which was  registered) and any deviation
                        from  the  low or  high  end of  the  estimated  maximum
                        offering   range  may  be   reflected  in  the  form  of
                        prospectus  filed with the  Commission  pursuant to Rule
                        424(b) if, in the  aggregate,  the changes in volume and
                        price  represent no more than a 20 percent change in the
                        maximum  aggregate  offering  price  set  forth  in  the
                        "Calculation of Registration Fee" table in the effective
                        Registration Statement; and

                  (iii) Include any  material  information  with  respect to the
                        plan of  distribution  not  previously  disclosed in the
                        Registration  Statement or any  material  change to such
                        information in the Registration Statement;


            PROVIDED,  HOWEVER,  that paragraphs (a)(1)(i) and (a)(1)(ii) do not
            apply if the information required to be included in a post-effective
            amendment by those paragraphs is contained in periodic reports filed
            by the registrant  pursuant to Section 13 or 15(d) of the Securities
            Exchange Act of 1934 that are  incorporated  by reference  into this
            Registration Statement.

            (2)   That,  for the  purpose  of  determining  liability  under the
                  Securities  Act, each such  post-effective  amendment shall be
                  deemed  to be a new  Registration  Statement  relating  to the
                  securities offered therein, and the offering of the securities
                  at that  time  shall be  deemed  to be the  initial  bona fide
                  offering thereof.

            (3)   To  remove  from  registration  by means  of a  post-effective
                  amendment any of the securities  registered that remain unsold
                  at the termination of the Offering.

      (b)   The undersigned  hereby undertakes that, for purposes of determining
            any  liability   under  the  Securities  Act,  each  filing  of  the
            Registrant's  or the Plan's annual report  pursuant to Section 13(a)
            or 15(d) of the  Exchange Act that is  incorporated  by reference in
            the Registration  Statement shall be deemed to be a new Registration
            Statement  relating  to the  securities  offered  therein,  and  the
            offering of such  securities  at that time shall be deemed to be the
            initial bona fide offering thereof.


                                        6

<PAGE> 7



      Insofar as  indemnification  for liabilities  arising under the Securities
Act of 1933 may be permitted to directors,  officers and controlling  persons of
the  Registrant  pursuant  to  the  foregoing  provisions,   or  otherwise,  the
Registrant  has been advised that in the opinion of the  Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore,  unenforceable. In the event that a claim for indemnification
against such  liabilities  (other than the payment by the Registrant of expenses
incurred or paid by a director,  officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.





                                        7

<PAGE> 8




                                   SIGNATURES

      The Registrant.

      Pursuant to the  requirements  of the  Securities Act of 1933, as amended,
South  Jersey  Financial  Corporation,  Inc.  certifies  that it has  reasonable
grounds to believe that it meets all of the  requirements for filing on Form S-8
and has duly caused this  registration  statement  to be signed on its behalf by
the undersigned,  thereunto duly authorized, in the City of Turnersville,  State
of New Jersey, on April 11, 2000.

                                      South Jersey Financial Corporation, Inc.

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

      KNOW ALL MEN BY THESE PRESENT,  that each person whose  signature  appears
below (other than Mr. Colacicco's)  constitutes and appoints Robert J. Colacicco
and Gregory M.  DiPaolo as the true and lawful  attorney-in-fact  and agent with
full power of substitution  and  resubstitution,  for him and in his name, place
and stead,  in any and all  capacities to sign any or all amendments to the Form
S-8 registration statement, and to file the same, with all exhibits thereto, and
other documents in connection  therewith,  with the U.S. Securities and Exchange
Commission,  respectively,  granting unto said  attorney-in-fact  and agent full
power and  authority to do and perform  each and every act and things  requisite
and  necessary  to be done as fully to all intents  and  purposes as he might or
could  do  in  person,   hereby   ratifying   and   confirming   all  that  said
attorney-in-fact and agent or his substitute or substitutes,  may lawfully do or
cause to be done by virtue hereof.

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

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

/s/ Robert J. Colacicco          President, Chief Executive    April 11, 2000
--------------------------       Officer and Director
Robert J. Colacicco              (principal executive
                                 officer)


/s/ Gregory M. DiPaolo           Executive Vice President,     April 11, 2000
--------------------------       Treasurer, Chief Operating
Gregory M. DiPaolo               Officer and Director (principal
                                 financial officer)



                                        8

<PAGE> 9



/s/ Joseph M. Sidebotham         Corporate Secretary and       April 11, 2000
---------------------------      Chief Accounting Officer
Joseph M. Sidebotham             (principal accounting officer)


/s/ Richard W. Culbertson, Jr.   Director and Chairman of      April 11, 2000
------------------------------   the Board
Richard W. Culbertson, Jr.



/s/ John V. Field                Director                      April 11, 2000
------------------------------
John V. Field


/s/ Richard G. Mohrfeld          Director                      April 11, 2000
------------------------------
Richard G. Mohrfeld


/s/ Ronald L. Woods              Director                      April 11, 2000
------------------------------
Ronald L. Woods


/s/ Richard Baer                 Director                      April 11, 2000
------------------------------
Richard Baer


/s/ Lawrence Seidman             Director                      April 11, 2000
------------------------------
Lawrence Seidman

                                        9

<PAGE> 10
<TABLE>
<CAPTION>

                                 EXHIBIT INDEX


                                                                                                        Sequentially
                                                                                                          Numbered
                                                                                                            Page
Exhibit No.   Description                                    Method of Filing                             Location
-----------   ---------------------------------------------  -----------------------------------------  ------------
  <S>         <C>                                            <C>                                             <C>
    4         Stock Certificate of South Jersey Financial    Incorporated herein by                          --
              Corporation, Inc.                              reference from the Exhibits of
                                                             the Registrant's Registration
                                                             Statement on Form  SB-2 declared
                                                             effective by SEC on December 16, 1998.

    5         Opinion of Muldoon, Murphy & Faucette LLP      Filed herewith.

  10.1        South Jersey Financial Corporation, Inc.       Filed herewith.
              2000 Stock Option Plan

  10.2        South Jersey Financial Corporation, Inc.       Filed herewith.
              2000 Restricted Stock Plan

  23.1        Consent of Muldoon, Murphy & Faucette LLP      Contained in Exhibit 5 hereof.

  23.2        Consent of Deloitte & Touche LLP               Filed herewith.

   24         Power of Attorney                              Located on the signature page.

</TABLE>




                                       10
[{"type": "S-8", "sequence": "1", "secsgml_size_bytes": 30092}]
{"company-data": {"conformed-name": "SOUTH JERSEY FINANCIAL CORP INC", "cik": "0001071346", "assigned-sic": "6036", "irs-number": "223615289", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-34526", "film-number": "598676"}, "business-address": {"street1": "4651 ROUTE 42", "street2": "P O BOX 4561 ROUTE 42", "city": "TURNERSVILLE", "state": "NJ", "zip": "08012", "phone": "6096296000"}, "mail-address": {"street1": "C/O SOUTH JERSEY SAVINGS & LOAN ASSOC", "street2": "P O BOX 4561 ROUTE 42", "city": "TURNERSVILLE", "state": "NJ", "zip": "08012"}}
1
As filed with the Securities and Exchange Commission on April 11, 2000
                                              Registration No. 333-_____
================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM S-8
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
   (exact name of registrant as specified in its certificate of incorporation)
         DELAWARE                                        22-3615289
(state or other jurisdiction of               (IRS Employer Identification No.)
incorporation or organization)

                                  4651 ROUTE 42
                         TURNERSVILLE, NEW JERSEY 08012
                                 (856) 629-6000
               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)

                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
                             2000 STOCK OPTION PLAN
                                     and
                    SOUTH JERSEY FINANCIAL CORPORATION, INC.
                           2000 RESTRICTED STOCK PLAN
                            (Full Title of the Plans)
                       ----------------------------------
ROBERT J. COLACICCO                       COPIES TO:
PRESIDENT AND CHIEF EXECUTIVE OFFICER     JOSEPH A. MULDOON, ESQUIRE
SOUTH JERSEY FINANCIAL CORPORATION, INC.  THOMAS J. HAGGERTY, ESQUIRE
4651 ROUTE 42                             KENT M. KRUDYS, ESQUIRE
TURNERSVILLE, NEW JERSEY 08012            MULDOON, MURPHY & FAUCETTE LLP
(856) 629-6000                            5101 WISCONSIN AVENUE, N.W.
                                          WASHINGTON, D.C. 20016
                                          (202) 362-0840
(Name, address, including zip code, and
telephone number, including area code, of agent for service)

        APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO PUBLIC: As
    soon as practicable after this Registration Statement becomes effective.

 If any of the securities being registered on this Form are to be offered on a
  delayed or continuous basis pursuant to Rule 415 under the Securities Act of
                      1933, check the following box. / X /
                                                     ----
======================================================================================================
   Title of each Class of       Amount to be   Proposed Purchase   Estimated Aggregate  Registration
Securities to be Registered    Registered(1)   Price Per Share       Offering Price         Fee
------------------------------------------------------------------------------------------------------
Common Stock                379,343
     $.01 Par Value              Shares (2)       $15.50 (3)           $5,879,817         $1,552
------------------------------------------------------------------------------------------------------
      Common Stock                108,869
     $.01 Par Value              Shares (4)       $18.94 (5)           $2,061,979         $  544
------------------------------------------------------------------------------------------------------
(1) Together with an  indeterminate  number of  additional  shares  which may be
    necessary to adjust the number of shares  reserved for issuance  pursuant to
    the South Jersey  Financial  Corporation,  Inc.  2000 Stock Option Plan (the
    "Stock  Option  Plan")  and the South  Jersey  Financial  Corporation,  Inc.
    Restricted Stock Plan (the "Restricted Stock Plan") as the result of a stock
    split,  stock dividend or similar adjustment of the outstanding common stock
    of South Jersey pursuant to 17 C.F.R. Section 230.416(a).
(2) This  number represents the total number of shares of South Jersey Financial
    Corporation,  Inc.  currently  reserved or available  for issuance  upon the
    exercise  of stock  options  pursuant  to the  Stock  Option  Plan.  This is
    pursuant to 17 C.F.R. Section 457.
(3) Represents the fair market value of South Jersey Financial Corporation, Inc.
    Common Stock on February 16, 2000 for which options for 379,343 shares under
    the Stock Option Plan have been granted.
(4) Represents  the  total  number of shares currently reserved or available for
    issuance  upon the grant of stock awards  pursuant to the  Restricted  Stock
    Plan. This is pursuant to 17 C.F.R. Section 457.
(5) Represents  the fair market value of the South Jersey Financial Corporation,
    Inc. Common Stock on March 29, 2000.
THIS  REGISTRATION  STATEMENT SHALL BECOME EFFECTIVE  IMMEDIATELY UPON FILING IN
ACCORDANCE  WITH SECTION 8(A) OF THE  SECURITIES  ACT OF 1933, AS AMENDED,  (THE
"SECURITIES ACT") AND 17 C.F.R. SECTION 230.462.
Number of Pages 35
Exhibit Index begins on Page 10
2

SOUTH JERSEY FINANCIAL CORPORATION, INC.

PART I     INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

ITEMS 1 & 2. South Jersey  Financial  Corporation,  Inc.  (the  "Registrant"  or
"South  Jersey") is offering  shares of its common  stock  pursuant to the South
Jersey  Financial  Corporation,  Inc.  2000 Stock Option Plan (the "Stock Option
Plan") and the South Jersey  Financial  Corporation,  Inc. 2000 Restricted Stock
Plan (the "Restricted Stock Plan"). The documents containing the information for
the Stock Option Plan and the  Restricted  Stock Plan  required by Part I of the
Registration Statement will be sent or given to the participants in the plans as
specified by Rule  428(b)(1).  Such  documents are not filed with the Securities
and  Exchange  Commission  (the  "SEC")  either  as a part of this  Registration
Statement or as a prospectus  or prospectus  supplement  pursuant to Rule 424 in
reliance on Rule 428.

PART II   INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

      The following documents filed or to be filed with the SEC are incorporated
by reference in this Registration Statement:

      (a) The Form 10-KSB report filed on March 29, 2000 by the  Registrant  for
the fiscal year ended December 31, 1999 (File No.  000-24997) which includes the
consolidated   statement  of  financial  condition  of  South  Jersey  Financial
Corporation,  Inc. and subsidiary  (the  "Company") as of December 31, 1999, and
the related consolidated  statements of income,  changes in stockholders' equity
and cash flows for the year then  ended,  as well as the  related  statement  of
financial   condition  of  South  Jersey  Savings  and  Loan   Association  (the
"Predecessor Association") as of December 31, 1998 and the related statements of
income and retained  earnings,  and cash flows for the years ended  December 31,
1998 and 1997,  together  with the related  notes and  reports of  Deloitte  and
Touche LLP, dated January 28, 2000 (March 15, 2000 as to Note 17).

      (b) The description of Registrant's common stock contained in Registrant's
Form 8-A12G  (File No.  000-24497),  as filed with the SEC,  pursuant to Section
12(g) of the  Securities  Exchange  Act of 1934  (the  "Exchange  Act") and Rule
12b-15  promulgated  thereunder,  on October 26, 1998 and declared  effective on
December  16,  1998,  as  incorporated   by  reference  from  the   Registrant's
Registration  Statement on Form SB-2 (SEC No. 333-65519) as amended and declared
effective on December 16, 1998.

      (c) All documents  filed by the  Registrant  pursuant to Section 13(a) and
(c),  14 or 15(d) of the  Exchange  Act after the date  hereof  and prior to the
filing of a  post-effective  amendment  which  deregisters  all securities  then
remaining unsold.

       ANY STATEMENT CONTAINED IN THIS REGISTRATION  STATEMENT, OR IN A DOCUMENT
INCORPORATED OR DEEMED TO BE INCORPORATED BY REFERENCE  HEREIN,  SHALL BE DEEMED
TO BE MODIFIED OR SUPERSEDED FOR PURPOSES OF THIS REGISTRATION  STATEMENT TO THE
EXTENT THAT A STATEMENT  CONTAINED  HEREIN, OR IN ANY OTHER  SUBSEQUENTLY  FILED
DOCUMENT WHICH ALSO IS  INCORPORATED  OR DEEMED TO BE  INCORPORATED BY REFERENCE
HEREIN, MODIFIES OR SUPERSEDES SUCH STATEMENT. ANY SUCH STATEMENT SO MODIFIED OR
SUPERSEDED  SHALL  NOT BE  DEEMED,  EXCEPT  AS SO  MODIFIED  OR  SUPERSEDED,  TO
CONSTITUTE A PART OF THIS REGISTRATION STATEMENT.

                                        2
3

ITEM 4.  DESCRIPTION OF SECURITIES

      The common  stock to be offered  pursuant to the Plan has been  registered
pursuant to Section 12 of the Exchange Act.  Accordingly,  a description  of the
common stock is not required herein.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

      None.

      The  validity of the Common Stock  offered  hereby has been passed upon by
Muldoon, Murphy & Faucette LLP, Washington, DC, for the Registrant.

ITEM 6.      INDEMNIFICATION OF DIRECTORS AND OFFICERS

      Directors and officers of the Registrant are indemnified and held harmless
against liability to the fullest extent  permissible by the General  Corporation
Law of the State of  Delaware  as it  currently  exists or as it may be  amended
provided any such amendment  provides  broader  indemnification  provisions than
currently exists.

In accordance  with the General  Corporation Law of the State of Delaware (being
Chapter  1 of  Title  8 of  the  Delaware  Code),  Articles  10  and  11 of  the
Registrant's Certificate of Incorporation provide as follows:

TENTH:

A. Each person who was or is made a party or is threatened to be made a party to
or is  otherwise  involved in any action,  suit or  proceeding,  whether  civil,
criminal,  administrative  or  investigative  (hereinafter a  "proceeding"),  by
reason  of the fact that he or she is or was a  Director  or an  Officer  of the
Corporation  or is or  was  serving  at the  request  of  the  Corporation  as a
Director, Officer, employee or agent of another corporation or of a partnership,
joint venture,  trust or other enterprise,  including service with respect to an
employee benefit plan (hereinafter an  "indemnitee"),  whether the basis of such
proceeding  is alleged  action in an official  capacity as a Director,  Officer,
employee  or agent,  or in any  other  capacity  while  serving  as a  Director,
Officer,  employee  or agent,  shall be  indemnified  and held  harmless  by the
Corporation to the fullest extent authorized by the Delaware General Corporation
Law, as the same exists or may  hereafter  be amended  (but,  in the case of any
such amendment,  only to the extent that such amendment  permits the Corporation
to  provide  broader   indemnification   rights  than  such  law  permitted  the
Corporation to provide prior to such amendment),  against all expense, liability
and loss (including  attorneys' fees,  judgments,  fines,  ERISA excise taxes or
penalties  and amounts paid in  settlement)  reasonably  incurred or suffered by
such indemnitee in connection  therewith;  provided,  however,  that,  except as
provided in Section C hereof with respect to  proceedings  to enforce  rights to
indemnification,   the  Corporation  shall  indemnify  any  such  indemnitee  in
connection with a proceeding (or part thereof) initiated by such indemnitee only
if such proceeding (or part thereof) was authorized by the Board of Directors of
the Corporation.

B. The right to  indemnification  conferred in Section A of this  Article  TENTH
shall include the right to be paid by the Corporation  the expenses  incurred in
defending any such proceeding in advance of its final  disposition  (hereinafter
an "advancement of expenses");  provided, however, that, if the Delaware General
Corporation Law requires,  an advancement of expenses  incurred by an indemnitee
in his or her capacity as a Director or Officer  (and not in any other  capacity
in which  service  was or is  rendered by such  indemnitee,  including,  without
limitation,  services  to an  employee  benefit  plan)  shall be made  only upon
delivery to the

                                      3
4

Corporation of an undertaking (hereinafter an "undertaking"), by or on behalf of
such  indemnitee,  to repay all amounts so advanced  if it shall  ultimately  be
determined  by final  judicial  decision from which there is no further right to
appeal (hereinafter a "final adjudication") that such indemnitee is not entitled
to be indemnified for such expenses under this Section or otherwise.  The rights
to  indemnification  and to the advancement of expenses  conferred in Sections A
and B of this  Article  TENTH  shall be contract  rights and such  rights  shall
continue as to an indemnitee who has ceased to be a Director,  Officer, employee
or agent and shall inure to the benefit of the indemnitee's heirs, executors and
administrators.

C. If a claim under  Section A or B of this Article TENTH is not paid in full by
the Corporation within sixty days after a written claim has been received by the
Corporation,  except in the case of a claim for an advancement  of expenses,  in
which case the applicable period shall be twenty days, the indemnitee may at any
time thereafter  bring suit against the Corporation to recover the unpaid amount
of the claim.  If  successful in whole or in part in any such suit, or in a suit
brought by the Corporation to recover an advancement of expenses pursuant to the
terms of an  undertaking,  the indemnitee  shall be entitled to be paid also the
expenses of  prosecuting  or defending such suit. In (i) any suit brought by the
indemnitee to enforce a right to  indemnification  hereunder  (but not in a suit
brought by the  indemnitee to enforce a right to an  advancement of expenses) it
shall be a defense that,  and (ii) in any suit by the  Corporation to recover an
advancement of expenses  pursuant to the terms of an undertaking the Corporation
shall be entitled to recover such expenses upon a final  adjudication  that, the
indemnitee has not met any applicable  standard for indemnification set forth in
the Delaware  General  Corporation  Law.  Neither the failure of the Corporation
(including  its  Board  of  Directors,   independent   legal  counsel,   or  its
stockholders)  to have made a  determination  prior to the  commencement of such
suit that  indemnification  of the  indemnitee  is  proper in the  circumstances
because the indemnitee  has met the applicable  standard of conduct set forth in
the  Delaware  General  Corporation  Law,  nor an  actual  determination  by the
Corporation (including its Board of Directors, independent legal counsel, or its
stockholders)  that the  indemnitee  has not met  such  applicable  standard  of
conduct,  shall  create  a  presumption  that  the  indemnitee  has  not met the
applicable  standard  of conduct  or, in the case of such a suit  brought by the
indemnitee,  be a defense to such suit. In any suit brought by the indemnitee to
enforce a right to indemnification  or to an advancement of expenses  hereunder,
or by the  Corporation  to recover an  advancement  of expenses  pursuant to the
terms of an  undertaking,  the  burden of  proving  that the  indemnitee  is not
entitled  to be  indemnified,  or to such  advancement  of  expenses  under this
Article TENTH, or otherwise shall be on the Corporation.

D. The rights to indemnification and to the advancement of expenses conferred in
this  Article  TENTH shall not be  exclusive of any other right which any person
may have or hereafter acquire under any statute,  the Corporation's  Certificate
of  Incorporation,  Bylaws,  agreement,  vote of stockholders  or  Disinterested
Directors or otherwise.

E. The Corporation may maintain insurance, at its expense, to protect itself and
any Director,  Officer,  employee or agent of the  Corporation  or subsidiary or
Affiliate or another  corporation,  partnership,  joint venture,  trust or other
enterprise  against  any  expense,   liability  or  loss,  whether  or  not  the
Corporation  would have the power to indemnify such person against such expense,
liability or loss under the Delaware General Corporation Law.

F. The Corporation may, to the extent  authorized from time to time by the Board
of Directors, grant rights to indemnification and to the advancement of expenses
to any  employee  or agent  of the  Corporation  to the  fullest  extent  of the
provisions  of this  Article  TENTH  with  respect  to the  indemnification  and
advancement of expenses of Directors and Officers of the Corporation.

                                      4
5

ELEVENTH:

A Director of this Corporation shall not be personally liable to the Corporation
or its  stockholders  for  monetary  damages for breach of  fiduciary  duty as a
Director,  except for liability:  (i) for any breach of the  Director's  duty of
loyalty to the Corporation or its  stockholders;  (ii) for acts or omissions not
in good faith or which involve intentional  misconduct or a knowing violation of
law; (iii) under Section 174 of the Delaware  General  Corporation  Law; or (iv)
for any  transaction  from  which the  Director  derived  an  improper  personal
benefit.  If the  Delaware  General  Corporation  Law is  amended  to  authorize
corporate  action  further  eliminating  or limiting the  personal  liability of
Directors,  then  the  liability  of a  Director  of the  Corporation  shall  be
eliminated or limited to the fullest  extent  permitted by the Delaware  General
Corporation Law, as so amended.

Any repeal or modification of the foregoing paragraph by the stockholders of the
Corporation  shall not adversely affect any right or protection of a Director of
the Corporation existing at the time of such repeal or modification.

ITEM 7.   EXEMPTION FROM REGISTRATION CLAIMED

      Not applicable.

ITEM 8.   LIST OF EXHIBITS

      The following  exhibits are filed with or  incorporated  by reference into
this  Registration  Statement on Form S-8  (numbering  corresponds  generally to
Exhibit Table in Item 601 of Regulation S-K):

      4        Stock Certificate of South Jersey Financial Corporation, Inc.1

      5        Opinion of Muldoon, Murphy & Faucette LLP, Washington,  DC, as to
               the legality of the Common Stock registered hereby.

      10.1     South Jersey Financial Corporation, Inc. 2000 Stock Option Plan

      10.2     South Jersey  Financial  Corporation,  Inc. 2000 Restricted Stock
               Plan

      23.1     Consent  of  Muldoon,  Murphy &  Faucette  LLP  (contained in the
               opinion included as Exhibit 5).

      23.2     Consent of Deloitte & Touche LLP.

      24       Power of Attorney is located on the signature pages.

--------------------------
1     Incorporated  herein  by  reference  from  the  Exhibit of the same number
      contained in the Registration  Statement on Form SB-2 (SEC No. 333-65519),
      as amended and declared effective on December 16, 1998.

                                        5
6

ITEM 9.   UNDERTAKINGS

      (a)   The undersigned Registrant hereby undertakes:

            (1)   To  file,  during  any  period  in which  it  offers  or sells
                  securities,  a post-effective  amendment to this  Registration
                  Statement to:

                  (i)   Include any  Prospectus  required by Section 10(a)(3) of
                        the Securities Act;

                  (ii)  Reflect in the  Prospectus  any facts or events  arising
                        after the effective date of the  Registration  Statement
                        (or the most recent  post-effective  amendment  thereof)
                        which,  individually  or in the  aggregate,  represent a
                        fundamental   change   in   the   information   in   the
                        Registration  Statement.  Notwithstanding the foregoing,
                        any increase or decrease in volume of securities offered
                        (if the total dollar value of  securities  offered would
                        not exceed that which was  registered) and any deviation
                        from  the  low or  high  end of  the  estimated  maximum
                        offering   range  may  be   reflected  in  the  form  of
                        prospectus  filed with the  Commission  pursuant to Rule
                        424(b) if, in the  aggregate,  the changes in volume and
                        price  represent no more than a 20 percent change in the
                        maximum  aggregate  offering  price  set  forth  in  the
                        "Calculation of Registration Fee" table in the effective
                        Registration Statement; and

                  (iii) Include any  material  information  with  respect to the
                        plan of  distribution  not  previously  disclosed in the
                        Registration  Statement or any  material  change to such
                        information in the Registration Statement;

            PROVIDED,  HOWEVER,  that paragraphs (a)(1)(i) and (a)(1)(ii) do not
            apply if the information required to be included in a post-effective
            amendment by those paragraphs is contained in periodic reports filed
            by the registrant  pursuant to Section 13 or 15(d) of the Securities
            Exchange Act of 1934 that are  incorporated  by reference  into this
            Registration Statement.

            (2)   That,  for the  purpose  of  determining  liability  under the
                  Securities  Act, each such  post-effective  amendment shall be
                  deemed  to be a new  Registration  Statement  relating  to the
                  securities offered therein, and the offering of the securities
                  at that  time  shall be  deemed  to be the  initial  bona fide
                  offering thereof.

            (3)   To  remove  from  registration  by means  of a  post-effective
                  amendment any of the securities  registered that remain unsold
                  at the termination of the Offering.

      (b)   The undersigned  hereby undertakes that, for purposes of determining
            any  liability   under  the  Securities  Act,  each  filing  of  the
            Registrant's  or the Plan's annual report  pursuant to Section 13(a)
            or 15(d) of the  Exchange Act that is  incorporated  by reference in
            the Registration  Statement shall be deemed to be a new Registration
            Statement  relating  to the  securities  offered  therein,  and  the
            offering of such  securities  at that time shall be deemed to be the
            initial bona fide offering thereof.

                                        6
7

      Insofar as  indemnification  for liabilities  arising under the Securities
Act of 1933 may be permitted to directors,  officers and controlling  persons of
the  Registrant  pursuant  to  the  foregoing  provisions,   or  otherwise,  the
Registrant  has been advised that in the opinion of the  Securities and Exchange
Commission such indemnification is against public policy as expressed in the Act
and is, therefore,  unenforceable. In the event that a claim for indemnification
against such  liabilities  (other than the payment by the Registrant of expenses
incurred or paid by a director,  officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.

                                        7
8

                                   SIGNATURES

      The Registrant.

      Pursuant to the  requirements  of the  Securities Act of 1933, as amended,
South  Jersey  Financial  Corporation,  Inc.  certifies  that it has  reasonable
grounds to believe that it meets all of the  requirements for filing on Form S-8
and has duly caused this  registration  statement  to be signed on its behalf by
the undersigned,  thereunto duly authorized, in the City of Turnersville,  State
of New Jersey, on April 11, 2000.

                                      South Jersey Financial Corporation, Inc.

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

      KNOW ALL MEN BY THESE PRESENT,  that each person whose  signature  appears
below (other than Mr. Colacicco's)  constitutes and appoints Robert J. Colacicco
and Gregory M.  DiPaolo as the true and lawful  attorney-in-fact  and agent with
full power of substitution  and  resubstitution,  for him and in his name, place
and stead,  in any and all  capacities to sign any or all amendments to the Form
S-8 registration statement, and to file the same, with all exhibits thereto, and
other documents in connection  therewith,  with the U.S. Securities and Exchange
Commission,  respectively,  granting unto said  attorney-in-fact  and agent full
power and  authority to do and perform  each and every act and things  requisite
and  necessary  to be done as fully to all intents  and  purposes as he might or
could  do  in  person,   hereby   ratifying   and   confirming   all  that  said
attorney-in-fact and agent or his substitute or substitutes,  may lawfully do or
cause to be done by virtue hereof.

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

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

/s/ Robert J. Colacicco          President, Chief Executive    April 11, 2000
--------------------------       Officer and Director
Robert J. Colacicco              (principal executive
                                 officer)

/s/ Gregory M. DiPaolo           Executive Vice President,     April 11, 2000
--------------------------       Treasurer, Chief Operating
Gregory M. DiPaolo               Officer and Director (principal
                                 financial officer)

                                        8
9

/s/ Joseph M. Sidebotham         Corporate Secretary and       April 11, 2000
---------------------------      Chief Accounting Officer
Joseph M. Sidebotham             (principal accounting officer)

/s/ Richard W. Culbertson, Jr.   Director and Chairman of      April 11, 2000
------------------------------   the Board
Richard W. Culbertson, Jr.

/s/ John V. Field                Director                      April 11, 2000
------------------------------
John V. Field

/s/ Richard G. Mohrfeld          Director                      April 11, 2000
------------------------------
Richard G. Mohrfeld

/s/ Ronald L. Woods              Director                      April 11, 2000
------------------------------
Ronald L. Woods

/s/ Richard Baer                 Director                      April 11, 2000
------------------------------
Richard Baer

/s/ Lawrence Seidman             Director                      April 11, 2000
------------------------------
Lawrence Seidman

                                        9
10
EXHIBIT INDEX

                                                                                                        Sequentially
                                                                                                          Numbered
                                                                                                            Page
Exhibit No.   Description                                    Method of Filing                             Location
-----------   ---------------------------------------------  -----------------------------------------  ------------
4         Stock Certificate of South Jersey Financial    Incorporated herein by                          --
              Corporation, Inc.                              reference from the Exhibits of
                                                             the Registrant's Registration
                                                             Statement on Form  SB-2 declared
                                                             effective by SEC on December 16, 1998.

    5         Opinion of Muldoon, Murphy & Faucette LLP      Filed herewith.

  10.1        South Jersey Financial Corporation, Inc.       Filed herewith.
              2000 Stock Option Plan

  10.2        South Jersey Financial Corporation, Inc.       Filed herewith.
              2000 Restricted Stock Plan

  23.1        Consent of Muldoon, Murphy & Faucette LLP      Contained in Exhibit 5 hereof.

  23.2        Consent of Deloitte & Touche LLP               Filed herewith.

   24         Power of Attorney                              Located on the signature page.
10