Exhibit 14**WSB FINANCIAL GROUP, INC.****CODE OF ETHICS AND PROFESSIONAL CONDUCT**          WSB Financial Group’s mission includes promotion of professional conduct inthe practice of financial management. WSB Financial Group’s Chief ExecutiveOfficer (CEO), Chief Financial Officer (CFO) and other employees of WSBFinancial Group and its subsidiaries, including Westsound Bank (collectively, the “Company”)hold an important and elevated role in corporate governance in that they are uniquelycapable and empowered to ensure that all stakeholders’ interests are appropriately balanced,protected, and preserved. This Code of Ethics and Professional Conduct (Code) embodiesprinciples which we are expected to adhere to and advocate. These principles of ethicalbusiness conduct encompass rules regarding both individual and peer responsibilities,as well as responsibilities to Company employees, the public, and other stakeholders.The CEO, CFO, and all other Company employees are expected to abide by this Code as well asall applicable Company business conduct standards, policies and guidelines contained in anyWestsound Bank handbook, manual or other written policy relating to areas covered by the Code.Any violations of the Code may result in disciplinary action, up to and includingtermination of employment.          All employees covered by the Code will: **•** Act with honesty and integrity, avoiding actual or apparent conflictsof interest in their personal and professional relationships.  **•** Provide stakeholders with information that is accurate, complete, objective,fair, relevant, timely, and understandable, including information in our filings withand other submissions to the U.S. Securities and Exchange Commission and other public bodies.  **•** Comply with rules and regulations of federal, state, and local governments,and of other appropriate private and public regulatory agencies.  **•** Act in good faith, responsibly, with due care, competence, and diligence, withoutmisrepresenting material facts or allowing one’s independent judgment to be subordinated.  **•** Respect the confidentiality of information acquired in the course of one’s work exceptwhen authorized or otherwise legally obligated to disclose.  **•** Not use confidential information acquired in the course of one’s work for personal advantage.  **•** Share knowledge and maintain professional skills important and relevant to stakeholders’ needs.  **•** Proactively promote and be an example of ethical behavior as a responsible partner among peers,in the work environment and the community.
 

 
 **•** Exercise responsible use, control, and stewardship over all Company assets and resourcesthat are employed by or entrusted to us.  **•** Not coerce, manipulate, mislead, or unduly influence any authorized audit/ investigationor interfere with any auditor/investigator engaged in the performance of an internal orindependent audit/investigation of WSB Financial Group, Inc.’s system of internal controls,financial statements, or accounting books and records.          If you are aware of any suspected or known violations of this Code or other Companypolicies or guidelines, you have a duty to promptly report such concerns either to yourmanager, another responsible member of management or a Human Resources representative.The procedures to be followed for such a report are outlined in Westsound Bank’s Employee Handbook.          If you have a concern about a questionable accounting or auditing matter and wish tosubmit the concern confidentially or anonymously, you may do so by submitting your questionor concern to Veronica Colburn at mybank@westsoundbank.com or by calling the Business ConductLine 24-hour number at 866-692-2652. You may also send a letter or fax reporting yourconcern to Westsound Bank’s Chief Risk Officer.          The Company will handle all inquiries discreetly and make every effort to maintain,within the limits allowed by law, the confidentiality of anyone requesting guidance orreporting questionable behavior and/or a compliance concern.          It is WSB Financial Group’s intention that this Code of Ethics and ProfessionalConduct be its written code of ethics under Section 406 of the Sarbanes-Oxley Act of2002 complying with the standards set forth in Securities and Exchange Commission’sRegulation S-K, Item 406.