WSB Financial Group, Inc. operates as a bank holding company. The company is headquartered in Seattle, Washington and currently employs 93 full-time employees. The company went IPO on 2006-12-19. The firm no longer has any operations. On Friday, May 8, 2009, Westsound Bank, the wholly-owned subsidiary and principal asset of WSB Financial Group, Inc., was closed by the State of Washington, Department of Financial Institutions, Division of Banks and the Federal Deposit Insurance Corporation was appointed as receiver of the Bank. The FDIC entered into a purchase and assumption agreement with Kitsap Bank, Port Orchard, Washington, to assume all of the deposits, except those from brokers, of Westsound Bank. Westsound Bank’s nine offices reopened on May 11, 2009, as branches of Kitsap Bank. Westsound Bank provided a range of banking services and products to individuals, including personal checking and savings accounts and other consumer banking products, including electronic banking.
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As of August 2026, WSB Financial Group Inc WSFGQ is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes WSB Financial Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in WSB Financial Group Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of WSB Financial Group Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of WSB Financial Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of WSB Financial Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.