SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                ----------------

                                 SCHEDULE 13G/A
                                 (Rule 13d-102)

                                ----------------

           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
            RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                                PURSUANT TO 13d-2

                               (Amendment No. 3)*


                             Chicopee Bancorp, Inc.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    168565109
                                 (CUSIP Number)

                                December 31, 2008
             (Date of Event Which Requires Filing of this Statement)


      Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
     [_]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [_]  Rule 13d-1(d)

-----------

      * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

      The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).



CUSIP No. 168565109
-----------------------------------------------------------------------------
     (1) NAME OF REPORTING PERSON
         OZ Management LP
-----------------------------------------------------------------------------
     (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a) [_]
                                                                    (b) [X]
-----------------------------------------------------------------------------
     (3) SEC USE ONLY

-----------------------------------------------------------------------------
     (4) CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware
-----------------------------------------------------------------------------

NUMBER OF      (5)  SOLE VOTING POWER
                    0
SHARES
               -------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                    0
OWNED BY       _____________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                    0
-----------------------------------------------------------------------------
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          0
-----------------------------------------------------------------------------
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [_]
-----------------------------------------------------------------------------
    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          0%
-----------------------------------------------------------------------------
    (12)  TYPE OF REPORTING PERSON
          IA
-----------------------------------------------------------------------------



CUSIP No. 168565109
-----------------------------------------------------------------------------
     (1) NAME OF REPORTING PERSON
         Och-Ziff Holding Corporation
-----------------------------------------------------------------------------
     (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a) [_]
                                                                    (b) [X]
-----------------------------------------------------------------------------
     (3) SEC USE ONLY

-----------------------------------------------------------------------------
     (4) CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware
-----------------------------------------------------------------------------

NUMBER OF      (5)  SOLE VOTING POWER
                    0
SHARES
               -------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                    0
OWNED BY       _____________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                    0
-----------------------------------------------------------------------------
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          0
-----------------------------------------------------------------------------
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [_]
-----------------------------------------------------------------------------
    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          0%
-----------------------------------------------------------------------------
    (12)  TYPE OF REPORTING PERSON
          CO
-----------------------------------------------------------------------------



CUSIP No. 168565109
-----------------------------------------------------------------------------
     (1)  NAME OF REPORTING PERSON
          Och-Ziff Capital Management Group LLC
-----------------------------------------------------------------------------
     (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a) [_]
                                                                    (b) [X]
-----------------------------------------------------------------------------
     (3) SEC USE ONLY

-----------------------------------------------------------------------------
     (4) CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware
-----------------------------------------------------------------------------

NUMBER OF      (5)  SOLE VOTING POWER
                    0
SHARES
               -------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                    0
OWNED BY       _____________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                    0
-----------------------------------------------------------------------------
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          0
-----------------------------------------------------------------------------
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [_]
-----------------------------------------------------------------------------
    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          0%
-----------------------------------------------------------------------------
    (12)  TYPE OF REPORTING PERSON
          HC
-----------------------------------------------------------------------------



CUSIP No. 168565109
-----------------------------------------------------------------------------
     (1)  NAME OF REPORTING PERSON
          Daniel S. Och
-----------------------------------------------------------------------------
     (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a) [_]
                                                                    (b) [X]
-----------------------------------------------------------------------------
     (3) SEC USE ONLY

-----------------------------------------------------------------------------
     (4) CITIZENSHIP OR PLACE OF ORGANIZATION
         United States
-----------------------------------------------------------------------------

NUMBER OF      (5)  SOLE VOTING POWER
                    0
SHARES
               -------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                    0
OWNED BY       _____________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                    0
-----------------------------------------------------------------------------
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          0
-----------------------------------------------------------------------------
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [_]
-----------------------------------------------------------------------------
    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          0%
-----------------------------------------------------------------------------
    (12)  TYPE OF REPORTING PERSON
          IN
-----------------------------------------------------------------------------



CUSIP No. 168565109
-----------------------------------------------------------------------------
     (1) NAME OF REPORTING PERSON
         OZ Master Fund, Ltd.
-----------------------------------------------------------------------------
     (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a) [_]
                                                                    (b) [X]
-----------------------------------------------------------------------------
     (3) SEC USE ONLY

-----------------------------------------------------------------------------
     (4) CITIZENSHIP OR PLACE OF ORGANIZATION
         Cayman Islands
-----------------------------------------------------------------------------

NUMBER OF      (5)  SOLE VOTING POWER
                    0
SHARES
               -------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                    0
OWNED BY       _____________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                    0
-----------------------------------------------------------------------------
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          0
-----------------------------------------------------------------------------
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [_]
-----------------------------------------------------------------------------
    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          0%
-----------------------------------------------------------------------------
    (12)  TYPE OF REPORTING PERSON
          CO
-----------------------------------------------------------------------------



CUSIP No. 168565109

ITEM 1(a).  NAME OF ISSUER:
            Chicopee Bancorp, Inc.

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
            70 Center Street, Chicopee, MA 01013

ITEMS 2(a), 2(b) and 2(c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS
OFFICE AND CITIZENSHIP:

      This statement is filed by the entities and persons listed below, all of
whom together are referred to herein as the "Reporting Persons":

            (i)   OZ Management LP ("OZ"), a Delaware limited partnership, with
                  respect to the Shares reported in this Schedule 13G held by
                  certain investment funds and discretionary accounts managed by
                  OZ (the "Accounts").

            (ii)  Och-Ziff Holding Corporation ("OZHC"), a Delaware corporation,
                  which serves as the general partner of OZ, with respect to the
                  Shares reported in this Schedule 13G managed by OZ and held by
                  the Accounts.

            (iii) Och-Ziff Capital Management Group LLC("OZM"), a Delaware
                  limited liability company, is a holding company, which is the
                  sole shareholder of OZHC and Och-Ziff Holding LLC, a Delaware
                  limited liability company, which serves as the general partner
                  of another investment fund, with respect to the Shares
                  reported in this Schedule 13G managed by OZ and held by the
                  Accounts.

            (iv)  Daniel S. Och, who is the Chief Executive Officer of OZHC and
                  the Chief Executive Officer and Executive Managing Director of
                  Och-Ziff Capital Management Group LLC, with respect to the
                  Shares reported in this Schedule 13G managed by OZ and held by
                  the Accounts.

            (v)   OZ Master Fund, Ltd. ("OZMD"), a Cayman Islands company, with
                  respect to shares owned by it.

      The citizenship of OZ, OZHC, OZM and OZMD is set forth above. Daniel S.
Och is a United States citizen.

      The address of the principal business office of each of the Reporting
Persons except OZMD is 9 West 57th Street, 39th Floor, New York, NY 10019. The
address of the principal business office of OZMD is c/o Goldman Sachs (Cayman)
Trust, Limited, P.O. Box 896, Suite 3307, Gardenia Court, 45 Market Street,
Camana Bay, Grand Cayman, Cayman Islands.



CUSIP No. 168565109

ITEM 2(d).  TITLE OF CLASS OF SECURITIES:
            Common Stock

ITEM 2(e).  CUSIP NUMBER:
            168565109

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO ss.ss. 240.13d-1(b) or
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

          (a)  [ ]    Broker or dealer registered under Section 15 of the Act;

          (b)  [ ]    Bank as defined in Section 3(a)(6) of the Act;

          (c)  [ ]    Insurance Company as defined in Section 3(a)(19) of the
                      Act;

          (d)  [ ]    Investment Company registered under Section 8 of the
                      Investment Company Act of 1940;

          (e)  [ ]    Investment Adviser registered under Section 203 of the
                      Investment Advisers Act of 1940: see
                      Rule 13d-1(b)(1)(ii)(E);

          (f)  [ ]    Employee Benefit Plan, Pension Fund which is subject to
                      the provisions of the Employee Retirement Income Security
                      Act of 1974 or Endowment Fund; see
                      Rule 13d-1(b)(1)(ii)(F);

          (g)  [ ]    Parent Holding Company, in accordance with
                      Rule 13d-1(b)(ii)(G);

          (h)  [ ]    Savings Associations as defined in Section 3(b) of the
                      Federal Deposit Insurance Act;

          (i)  [ ]    Church Plan that is excluded from the definition of an
                      investment company under Section 3(c)(14) of the
                      Investment Company Act of 1940;

          (j)  ( )    Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

      IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS BOX. [X]



CUSIP No. 168565109

ITEM 4.   OWNERSHIP.

      OZ serves as principal investment manager to a number of investment funds
and discretionary accounts with respect to which it has voting and dispositive
authority over the Shares reported in this Schedule 13G, including such an
account for OZMD. OZHC serves as the general partner of OZ. As such, it may be
deemed to control OZ and therefore may be deemed to be the beneficial owner of
the Shares reported in this Schedule 13G. OZM is the sole shareholder of OZHC
and Och-Ziff Holding LLC. As such, it may be deemed to control OZHC and Och-Ziff
Holding LLC and therefore may be deemed to be the beneficial owner of the Shares
reported in this Schedule 13G. Mr. Daniel S. Och is the Chief Executive Officer
and Executive Managing Director of OZM. As such, he may be deemed to control
such entity and therefore be deemed to be the beneficial owner of the Shares
reported in this Schedule 13G.

      Each of the Reporting Persons hereby disclaims any beneficial ownership of
any such Shares.

      A.    OZ
            (a)   Amount beneficially owned: 0
            (b)   Percent of class: 0
                  (All percentages herein are based on 6,496,753 shares of
                  Common Stock outstanding as of October 31, 2008 as reflected
                  in the Form 10-Q filed by the Company on November 7, 2008.)
            (c)   Number of shares as to which such person has:
                        (i)   sole power to vote or to direct the vote 0
                        (ii)  shared power to vote or to direct the vote 0
                        (iii) sole power to dispose or to direct the disposition
                              of 0
                        (iv)  shared power to dispose or to direct the
                              disposition of 0

      B.    OZHC
            (a)   Amount beneficially owned: 0
            (b)   Percent of class: 0
            (c)   Number of shares as to which such person has:
                        (i)   sole power to vote or to direct the vote 0
                        (ii)  shared power to vote or to direct the vote 0
                        (iii) sole power to dispose or to direct the disposition
                              of 0
                        (iv)  shared power to dispose or to direct the
                              disposition of 0



CUSIP No. 168565109

      C.    OZM
            (a)   Amount beneficially owned: 0
            (b)   Percent of class: 0%
            (c)   Number of shares as to which such person has:
                        (i)   sole power to vote or to direct the vote 0
                        (ii)  shared power to vote or to direct the vote 0
                        (iii) sole power to dispose or to direct the disposition
                              of 0
                        (iv)  shared power to dispose or to direct the
                              disposition of 0

      D.    Daniel S. Och
            (a)   Amount beneficially owned: 0
            (b)   Percent of class: 0%
            (c)   Number of shares as to which such person has:
                        (i)   sole power to vote or to direct the vote 0
                        (ii)  shared power to vote or to direct the vote 0
                        (iii) sole power to dispose or to direct the disposition
                              of 0
                        (iv)  shared power to dispose or to direct the
                              disposition of 0

      E.    OZMD
            (a)   Amount beneficially owned: 0
            (b)   Percent of class: 8.50%
            (c)   Number of shares as to which such person has:
                        (i)   sole power to vote or to direct the vote 0
                        (ii)  shared power to vote or to direct the vote 0
                        (iii) sole power to dispose or to direct the disposition
                              of 0
                        (iv)  shared power to dispose or to direct the
                              disposition of 0

ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
          If this statement is being filed to report the fact as of the date
          hereof the Reporting Persons have ceased to be the beneficial owner
          of more than five percent of the class of securities, check the
          following [X].

ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
          See Item 4.

ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
          THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
          Not applicable.

ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
          See Item 4.



CUSIP No. 168565109

ITEM 9.   NOTICE OF DISSOLUTION OF GROUP.
          Not applicable.

ITEM 10.  CERTIFICATIONS.  (if filing pursuant to Rule 13d-1(c))

      Each of the Reporting Persons hereby make the following certification:

      By signing below each Reporting Person certifies that, to the best of its
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.



CUSIP No. 168565109

                                    SIGNATURES

      After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.

DATED:  February 13, 2009           /s/ Daniel S. Och
                                    -----------------------------------
                                    OZ MANAGEMENT LP
                                    By Och-Ziff Holding Corporation
                                    its general partner;
                                    By Daniel S. Och
                                    Chief Executive Officer


                                    /s/ Daniel S. Och
                                    -----------------------------------
                                    Och-Ziff Holding Corporation
                                    By Daniel S. Och
                                    Chief Executive Officer


                                    /s/ Daniel S. Och
                                    -----------------------------------
                                    Och-Ziff Capital Management Group LLC
                                    By Daniel S. Och
                                    Chief Executive Officer and
                                    Executive Managing Director


                                    /s/ Daniel S. Och
                                    -----------------------------------
                                    Daniel S. Och


                                    /s/ Daniel S. Och
                                    -----------------------------------
                                    OZ MASTER FUND, LTD.
                                    By Daniel S. Och
                                    Director