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): April 730, 2010

Citizens First Bancorp, Inc.

(Exact name of registrant as specified in its charter)


Delaware	0-32041	38-3573852
(State or other	(Commission	(I.R.S. Employer
jurisdiction of	File Number)	Identification
incorporation)		Number)

525 Water Street, Port Huron, Michigan		48060
(Address of principal executive offices)		(Zip Code)


525 Water Street, Port Huron, Michigan (Address of principal executive offices)		48060 (Zip Code)

Registrant’s telephone number, including area code: (810) 987-8300

N/A
(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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d—2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~o Soliciting material pursuant to Rule~~Item ~~14a-12~~1.03 ~~under~~Bankruptcy ~~the~~or ~~Exchange Act (17 CFR 240~~Receivership.~~14a-12)~~

o ~~Pre-commencement~~On ~~communications~~April 30, ~~pursuant~~2010, tothe ~~Rule 14d-2(b)~~Michigan ~~under~~Office ~~the~~of ~~Exchange~~Financial ~~Act~~and Insurance Regulation closed CF Bancorp (17the ~~CFR~~“Bank”), ~~240~~which is a wholly owned banking subsidiary of Citizens First Bancorp, Inc.~~14d—2~~ (bthe “Company”), and the Federal Deposit Insurance Corporation (“FDIC”) was named as the receiver of the Bank. The Company’s principal asset is the capital stock it owns in the Bank. As a result of the closure of the Bank, the Company has minimal remaining assets.

o ~~Pre-commencement~~As ~~communications~~the ~~pursuant~~direct owner of all of the capital stock of the Bank, the Company would be entitled to the ~~Rule 13e-4(c)~~net ~~under~~recoveries, if any, following the ~~Exchange~~liquidation ~~Act~~or sale of the Bank or its assets by the ~~(17~~FDIC. ~~CFR~~However, ~~240~~at this time, the Company does not believe that any recovery will be realized.~~13e-4(c))~~ Accordingly, the Company’s common stock is likely to be of no value.

~~Item 1.02~~ The ~~Termination~~Company ofis ~~Material~~currently ~~Definitive~~evaluating ~~Agreement~~its options for winding down the affairs of the Company.

On In ~~April 7,~~connection ~~2010,~~with the ~~Registrant~~closure ~~received~~of ~~written~~the ~~notice~~Bank, ~~from~~ the ~~Federal~~FDIC ~~Home~~issued ~~Loan~~a ~~Mortgage Corporation~~press ~~(“Freddie~~release, ~~Mac”)~~dated ~~that~~April 30, 2010, itproviding ~~had terminated~~ the ~~Registrant’s eligibility to sell and service~~following: ~~mortgages through its subsidiary CF Bancorp Mortgage Company (“CF Bancorp”) effective as of such date.~~

~~Freddie~~• ~~Mac~~The FDIC entered into a purchase and assumption agreement with First Michigan Bank, Troy, Michigan to assume all of the deposits of the Bank. Accordingly, all depositors of the Bank, including those with deposits in excess of the FDIC’s ~~notice~~insurance ~~indicated~~limits, ~~that~~will ~~its~~automatically ~~termination~~become ~~was~~depositors aof “First Michigan Bank for ~~cause”~~the ~~termination~~full amount of their deposits, and ~~asserted~~they ~~the following~~will ascontinue to have uninterrupted access to their deposits. Deposits with First Michigan Bank will continue to be insured by the ~~basis~~FDIC, so there is no need for ~~such~~customers ~~termination:~~to ~~(i) failure~~change their banking relationship to ~~maintain~~retain ~~qualified~~their ~~loan~~deposit ~~origination~~insurance. ~~and servicing~~• ~~staff~~The ,Bank’s ~~(ii) failure~~22 tobanking ~~meet~~offices ~~the~~reopened ~~requirements~~on ~~prescribed~~Saturday, byMay ~~Freddie~~1, ~~Mac~~2010, as branches of First Michigan Bank. However, for a ~~Seller/Servicer~~ period of time, ~~(iii) failure~~customers toof ~~comply~~the ~~with~~Bank should continue to use the ~~terms~~Bank’s ~~and~~office ~~provisions~~locations until First Michigan Bank can fully integrate the deposit records of the ~~purchase~~Bank. ~~documents~~• ~~under which~~Customers ~~Freddie~~who ~~Mac~~have ~~purchased~~questions ~~mortgages~~about ~~from~~the CFforegoing ~~Bancorp~~matters, ~~and~~or ~~(iv) failure~~who towould ~~account~~like ~~properly~~more ~~for disposition~~information about the closure of ~~monies~~the ~~required~~Bank, tocan bevisit ~~safeguarded~~the inFDIC’s ~~custodial~~web ~~accounts~~site located at http://www. fdic.gov, or call the FDIC toll-free at (800) 895-3212.

~~The Registrant~~ A ~~disagrees~~complete ~~with~~copy ~~the~~of ~~basis for~~ the ~~termination~~FDIC’s bypress ~~Freddie~~release ~~Mac and~~can ~~expects~~be tofound ~~exercise its right to appeal such determination by written application to Freddie Mac within 15 days of its notice of termination which will occur~~ on ~~April~~the ~~22,~~Internet ~~2010~~at www.fdic.gov.

Item 4.01 Changes in Registrant’s Certifying Accountant

On May 3, 2010, the Company received notification from BDO Seidman (“BDO”) of their resignation as the Company’s independent registered public accounting firm. BDO’s reports on the Company’s consolidated financial statements for each of the years ended December 31, 2008 and 2007 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principle.

During the years ended December 31, 2008 and 2007, and through May 4, 2010, there were no disagreements between the Company and BDO on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to BDO’s satisfaction, would have caused BDO to make reference to thereto in its reports on the consolidated financial statements of the Company for such years.

Except for the following, none of the reportable events described in Item 304(a)(1)(v) of Regulation S-K occurred during the years ended December 31, 2008 and 2007, or through May 4, 2010. BDO’s report dated April 15, 2009 expressed an adverse opinion in connection with its audit of the Company’s internal control over financial reporting as of December 31, 2008, as a result of an identified material weakness regarding management’s other-than-temporary impairment of its non-agency collateralized mortgage obligation portfolio and a material weakness regarding controls over the financial reporting close and the Form 10-K preparation process.

The Company has furnished BDO with a copy of the foregoing disclosure and requested that BDO furnish it with a letter addressed to the Securities and Exchange Commission, stating whether it agrees with the statements made by the Company herein and, if not, stating the respects in which it does not agree. A copy of the letter is filed as Exhibit 16.1 to this Form 8-K.

No successor accountant has been selected or engaged at this time.

Item 5.02 Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On May 1, 2010, immediately following the closure of the Bank, Mr. Thomas J. Young, Interim CFO of the Company, resigned.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

16.1 Letter from BDO to the Securities and Exchange Commission, dated May 6, 2010, regarding agreement with the statements made in this Form 8-K.

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.

Dated: April 13, 2010	Citizens First Bancorp, Inc.
Dated: May 6, 2010	Citizens First Bancorp, Inc.
	By:	/s/ ~~Matthew~~Marshall ~~Kirst~~J. Campbell
		Matthew Kirst
		Marshall J. Campbell
		Interim Chief Operating Officer
		Chairman, President and Chief Executive Officer

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