~~Table~~UNITED ofSTATES SECURITIES ~~Contents~~AND EXCHANGE COMMISSION

~~UNITED~~Washington, ~~STATES SECURITIES~~D.C. ~~AND EXCHANGE COMMISSION~~20549

~~Washington, D.C. 20549~~ Form 8-K

~~Form~~CURRENT REPORT Pursuant to Section ~~8-K~~13 OR 15(d) of The Securities Exchange Act of 1934

~~CURRENT~~Date ~~REPORT Pursuant~~of toReport: ~~Section~~May 1312, ~~OR 15(d) of The Securities Exchange Act of 1934~~ 2009

~~Date~~WSB ofFinancial ~~Report: May 8~~Group, ~~2009~~Inc.

~~WSB~~(Exact ~~Financial~~name ~~Group,~~of ~~Inc.~~ registrant as specified in its charter)

Washington (~~Exact~~State ~~name~~ of ~~registrant~~incorporation asor ~~specified~~organization) in001-33188 ~~its~~(Commission ~~charter~~File Number) 20-3153598 (I.R.S. Employer Identification No.)

~~Washington~~c/o ~~(State~~Thomas A. Sterken Keller Rohrback L.L.P. Registered Agent of ~~incorporation~~WSB orFinancial ~~organization)~~Group, ~~001-33188~~Inc. 1201 Third Avenue, Suite 3200 Seattle, Washington (~~Commission~~Address ~~File~~of ~~Number~~principal executive offices) 2098101-~~3153598~~3052 (~~I.R.S.~~Zip ~~Employer Identification No.~~Code)

Registrant’s telephone number, including area code: (206) 224-7585

c/o Thomas A. Sterken Keller Rohrback L.L.P. Registered Agent of WSB Financial Group, Inc. 1201 Third Avenue, Suite 3200 Seattle, Washington		98101-3052
(Address of principal executive offices)		(Zip Code)

(Former name or former address, if changed since last report)

~~Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code:~~if ~~(206) 224~~the Form 8-~~7585~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~(Former~~o Written ~~name~~communications orpursuant ~~former~~to ~~address,~~Rule 425 ifunder ~~changed~~the ~~since~~Securities ~~last~~Act ~~report~~(17 CFR 230.425)

~~Check~~o Soliciting ~~the~~material ~~appropriate~~pursuant ~~box~~to ~~below if the Form 8~~Rule 14a-K12(b) ~~filing~~under ~~is intended to simultaneously satisfy~~ the ~~filing~~Exchange ~~obligation~~Act of(17 ~~the~~CFR ~~registrant under any of~~240.14a-12) ~~the following provisions:~~

o ~~Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12(b) 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))~~

~~TABLE~~o Pre-commencement OFcommunications ~~CONTENTS~~pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1 3.0301 ~~Bankruptcy~~Notice orof ~~Receivership~~Delisting ~~Item~~or ~~2.04~~Failure ~~Triggering~~to ~~Events~~Satisfy ~~That Accelerate or Increase~~ a ~~Direct~~Continued ~~Financial~~Listing ~~Obligation~~Rule or ~~an Obligation under an Off-Balance Sheet Arrangement Item 5.02 Departure of Certain Officers~~Standard; ~~Election~~ Transfer of ~~Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Item 8.01 Other Events Item 9.01 Financial Statements and Exhibits SIGNATURE Exhibit Index EX-99.1~~Listing

~~Table~~ On May 12, 2009, the Company received a letter from the Nasdaq Stock Market (“Nasdaq”) indicating that the Company’s shares will be delisted from Nasdaq as a result of ~~Contents~~the recent, previously announced closure of the Company’s wholly-owned subsidiary and principal asset, Westsound Bank, by the State of Washington Department of Financial Institutions, Division of Banks, and the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver of the Bank, and the insolvency and expected liquidation of the Company.

~~Item~~ The Company does not intend to appeal Nasdaq’s decision to delist the Company’s common stock. Therefore, trading in the Company’s common stock will be suspended at the opening of business on May 121, 2009 and Form 25-NSE will be filed by Nasdaq with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq.03 ~~Bankruptcy~~In oraddition, trading ~~Receivership~~in the Company’s common stock has been halted by Nasdaq starting on Monday, May 11, 2009 and will remain so up to the suspension date.

~~On Friday, May~~Item 8,5.02 ~~2009,~~Departure ~~Westsound Bank (the “Bank”), the wholly-owned subsidiary and principal asset~~ of ~~WSB~~Certain ~~Financial~~Officers; ~~Group,~~Election ~~Inc. (the “Company”), was closed by the State~~ of ~~Washington, Department~~Directors; ofAppointment ~~Financial Institutions, Division~~ of ~~Banks~~Certain ~~(the “DFI”) and the Federal Deposit~~Officers; ~~Insurance~~Compensatory ~~Corporation~~Arrangements ~~(the “FDIC”) was appointed as receiver~~ of ~~the~~Certain ~~Bank.~~Officers

InOn ~~connection~~May 11, ~~with the closure of Westsound Bank~~2009, the ~~FDIC~~Company’s ~~issued a press release~~CFO, ~~dated~~Janet ~~May 8,~~M. ~~2009~~Hobson, ~~announcing the following:~~resigned.

• The FDIC entered into a purchase and assumption agreement with Kitsap Bank, Port Orchard, Washington (“Kitsap Bank”), to assume all of the deposits, except those from brokers, of Westsound BankItem 9.01 •Financial ~~Westsound~~Statements Bank’s nine offices reopened on May 11, 2009, as branches of Kitsap Bank. Depositors of Westsound Bank will automatically become depositors of Kitsap Bank. Deposits will continue to be insured by the FDIC, up to the applicable limits established by law. • In addition to assuming Westsound Bank’s deposits, Kitsap Bank will purchase approximately $49.3 million of Westsound Bank’s assets, consisting of cash, cash equivalents, marketable securities and loans secured by deposits, from FDIC. The FDIC will retain the remaining assets for later disposition. • Customers who have questions about the foregoing matters, or who would like more information about the closure of Westsound Bank, can visit the FDIC’s Internet website located at http://www.fdic.gov/bank/individual/failed/westsound.html, or call the FDIC toll-free at 1-800-523-0640.Exhibits

A complete copy of the FDIC’s press release can be found on the Internet at http://www.fdic.gov/news/news/press/2009/pr09069.html.

	(d)		Exhibits

	99.1		Press release dated May 12, 2009.

~~Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an~~SIGNATURE ~~Obligation under an Off-Balance Sheet Arrangement~~

~~The~~Pursuant ~~appointment~~to ~~of a receiver for~~ the ~~Bank~~requirements ~~on May 8, 2009, as reported in Item 1.03 above, has resulted in an event~~ of ~~default under~~ the ~~terms~~Securities ofExchange ~~the~~Act ~~Company’s outstanding junior subordinated debt securities and related trust preferred securities~~ of ~~WSB~~1934, ~~Financial~~as ~~Group Trust I (an unconsolidated subsidiary of the Company). Upon occurrence of this event of default~~amended, the ~~entire~~ ~~outstanding~~registrant ~~balance~~has ~~and~~duly ~~all~~caused ~~accrued,~~this ~~but~~report ~~unpaid, interest relating~~ to ~~the~~be ~~trust~~signed ~~preferred securities~~on ofits ~~WSB~~behalf ~~Financial~~by ~~Group Trust I became immediately due and payable. As of May 8, 2009,~~ the ~~outstanding~~undersigned ~~balance~~thereunto ~~of trust preferred securities of WSB Financial Group Trust I was $8.248~~duly ~~million, plus accrued but unpaid distributions of approximately $570,000 as of that date~~authorized.

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


	WSB FINANCIAL GROUP, INC. (Registrant)
May 12, 2009	/s/ Donald F. Cox, Jr.
(Date)	Donald F. Cox, Jr.
	Interim Chief Executive Officer

~~On May 8, 2009, immediately following the closure of the Bank, all of its directors resigned~~2 from the board of directors of Westsound Bank: Terry A. Peterson, Donald F. Cox, Jr., Larry C. Westfall, Richard N. Christopherson, James H. Lamb, Dean Reynolds and Donald H. Tucker. In addition, Messrs. Peterson and Christopherson resigned from the board of directors of WSB Financial Group, Inc., and Mr. Cox agreed to serve as interim president and chief executive officer of the Company, replacing Mr. Peterson in that role. Mr. Cox will serve without an employment contract and without compensation.

2Exhibit Index

~~Table~~99.1 ofPress ~~Contents~~release dated May 12, 2009.

~~Item 8.01 Other Events~~3

As of May 8, 2009, the Company’s primary assets, excluding its investment in Westsound Bank and its investments in WSB Financial Group Trust I, which investments are expected to be written off completely, consisted primarily of cash and cash equivalents of approximately $65,000 and a pending federal income tax refund claim of approximately $4.9 million. Liabilities were comprised primarily of junior subordinated debt of $8.248 million, accrued and unpaid interest of approximately $570,000 and known accounts payable of approximately $18,500. Accordingly, the Company is insolvent.

Based on the Company’s current financial condition, the board of directors of the Company has retained special counsel to evaluate the Company’s options for winding down the affairs of the Company. The alternatives under consideration include the dissolution and winding up of the Company by its board of directors, by reason of insolvency, pursuant to the Washington Business Corporation Act, or filing a voluntary petition seeking relief under Chapter 7 of Title 11 of the United States Code.

Copies of the press release issued by the Company on May 11, 2009 regarding the foregoing events are filed as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated May 11, 2009.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	WSB FINANCIAL GROUP, INC. (Registrant)
May 11, 2009	/s/ Donald F. Cox, Jr.
(Date)	Donald F. Cox, Jr.
	Interim Chief Executive Officer

Exhibit Index

99.1 Press release dated May 11, 2009.

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