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): February 26, 2010

                             CHICOPEE BANCORP, INC.
             (Exact Name of Registrant as Specified in its Charter)

        Massachusetts                  0-51996                  20-4840562
----------------------------     ---------------------     --------------------
(State or Other Jurisdiction     (Commission File No.)     (I.R.S. Employer
 of Incorporation)                                          Identification No.)

70 Center Street, Chicopee, Massachusetts                         01013
-----------------------------------------                       ----------
(Address of Principal Executive Offices)                        (Zip Code)

Registrant's telephone number, including area code:  (413) 594-6692

                                 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 (see General Instruction A.2. below):

[  ]  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 8.01      Other Events

On February 26, 2010,  Chicopee Bancorp,  Inc., the holding company for Chicopee
Savings Bank, announced that the Company is commencing a fourth stock repurchase
program  to  acquire  318,952  shares,  or  approximately  5%, of the  Company's
outstanding  common  stock.  The  press  release  announcing  the  fourth  stock
repurchase  program is included as Exhibit  99.1 and is  incorporated  herein by

Item 9.01      Financial Statements and Exhibits

     Exhibit 99.1        Press Release dated February 26, 2010


     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.

                                  CHICOPEE BANCORP, INC.

DATE:  March 1, 2010              By:  /s/ W. Guy Ormsby
                                       W. Guy Ormsby
                                       Executive Vice President, Chief Financial
                                       Officer and Treasurer