UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

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

~~Form 8-K~~ CURRENT REPORT

~~CURRENT REPORT~~ Pursuant to Section 13 ORor 15(d) of ~~The~~ the Securities Exchange Act of 1934

~~WSB~~Date ~~Financial~~of ~~Group~~Report (Date of Earliest Event Reported): September 21, ~~Inc.~~ 2007

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

Washington (State of incorporation or organization) 001-33188 (Commission File Number) 20-3153598 (I.R.S. Employer Identification No.)


Washington	00133188	203153598
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

607 Pacific Ave., PO Box 405 , Bremerton, Washington		98337
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

~~607~~Registrant’s ~~Pacific~~telephone ~~Avenue Bremerton~~number, ~~Washington~~including ~~(Address~~area ofcode: ~~principal executive offices) 98337 (Zip Code)~~360.475.9374

~~Registrant’s~~ Not ~~telephone~~Applicable ______________________________________________ Former ~~number~~name or former address, ~~including~~if ~~area~~changed ~~code:~~since ~~(360)~~last ~~405-1200~~report

(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:

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))

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Item 1.02 Termination of a Material Definitive Agreement.

The Registrant hereby furnishes its September 21, 2007 press release, attached as Exhibit 99.1.

(a) By mutual agreement, effective September 20, 2007, the Registrant and Brett Green, Executive Vice President of Sales and Lending, have terminated Mr. Green’s Employment Agreement, entered into on September 27, 2006. The terms of Mr. Green’s departure include payment of his Base Compensation through December 31, 2007.

Item 2.05 Costs Associated with Exit or Disposal Activities.

(a) The Registrant announced September 21, 2007, that it is eliminating 33 jobs in its mortgage division. The date of the Registrant’s commitment to the course of action and the facts and circumstances leading to the action are set forth in the press release attached as Exhibit 99.1. The action is expected to be completed on October 15, 2007.

(b) The Registrant will incur one-time termination expenses not to exceed $200,000.

(c) The total amount expected to be incurred in connection with the action will not exceed $200,000.

(d) The Registrant does not expect the action will result in future cash expenditures.

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

(cb) On ~~June 20,~~The ~~2007,~~Registrant ~~WSB Financial Group, Inc.~~ announced that ~~Charles~~Brett ~~Turner~~Green, ~~has~~Executive ~~been named as the Senior~~ Vice President~~/Chief~~ ~~Lending Officer~~ of ~~its~~Sales subsidiary, Westsound Bank. Mr. Turner served as Chief Lending Officer at Mariner Bank from October 2002 until August 2006 when he joined Westsound Bank as the Olympic Peninsula Regional Manager. Mr. Turner possesses a degree in economics from the University of Washington and ~~has extensive experience in banking including Commercial~~ Lending, ~~with Viking Bank and Frontier Bank. The related press release~~ is ~~included~~leaving ~~in this~~the ~~current report as Exhibit 99~~company.1.

Item 8.01 Other Events.

The Registrant is eliminating 33 jobs in its mortgage division.

Item 9.01 Financial Statements and Exhibits.

(dc) ~~Exhibits~~ Exhibits99.1 Press Release issued by WSB Financial Group, Inc. dated September 21, 2007.

~~99.1~~The ~~Press~~information ~~Release~~in ~~issued~~this byCurrent ~~WSB~~Report ~~Financial~~on ~~Group~~Form 8-K and the Exhibits attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, ~~Inc.~~nor ~~dated~~shall ~~June~~it 20be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, ~~2007~~regardless of any general incorporation language in such filing.

~~SIGNATURE~~ Top of the Form

~~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.~~ SIGNATURES

		WSB FINANCIAL GROUP, INC.
		(Registrant)
June 20, 2007		/s/ David K. Johnson
(Date)		David K. Johnson
		Chief Executive Officer

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.


	WSB Financial Group, Inc.

September 21, 2007	By:	David K. Johnson

		Name: David K. Johnson
		Title: Chief Executive Officer

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Exhibit Index

99.1 Press Release issued by WSB Financial Group, Inc. dated June 20, 2007.


Exhibit No.		Description

99.1		Press Release Issued by WSB Financial Group, Inc. dated September 21, 2007.

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