UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 26, 2010
RAINIER PACIFIC FINANCIAL GROUP, INC.
(Exact name of registrant as specified in its charter)
| Washington | 000-50362 | 87-0700148 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| 1498 Pacific Avenue, Tacoma, Washington | 98402 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (253) 926-4000
| 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. |
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| [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.03 Bankruptcy or Receivership
On May 26, 2010, Rainier Pacific Financial Group, Inc. (“Company”), pursuant to a resolution of its board of directors, filed a Petition for Receivership and Dissolution in the Superior Court of Pierce County, Washington, pursuant to Title 7, Chapter 7.60 of the Revised Code of Washington under case number 10-2-09666-9. The court appointed William Beecher as the receiver. The Company was the holding company for Rainier Pacific Savings Bank, which was closed by the Washington Department of Financial Institutions and placed into receivership on February 26, 2010 by the Federal Deposit Insurance Corporation. The purpose of the receivership to is to marshal the assets of the Company, preserve the Company assets, pay just claims of creditors in an orderly fashion, and wind down and dissolve the Company. A copy of the Order of Appointment is furnished as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
The following exhibit is being furnished herewith and this list shall constitute the exhibit index.
99.1 Order Appointing Receiver of Rainier Pacific Financial Group, Inc. dated May 26, 2010
SIGNATURES
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.
| | RAINIER PACIFIC FINANCIAL GROUP, INC. |
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| Date: June 2, 2010 | /s/ John A. Hall |
| | John A. Hall |
| | President and Chief Executive Officer |
| | (Principal Executive Officer) |
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