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<P align="left">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Filed with the Securities and Exchange Commission on August 27, 2008<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities Act Registration No. 333-______</FONT><TABLE id="table5" width="892"><TR><TD align="center" nowrap>
<FONT size=2 face="serif"><BR>____________________________________________________________________________________________________________</FONT></TD></TR></TABLE>
</P>
<P align="center">
<TABLE id="table6"><TR><TD align="center" nowrap>
<FONT size=2 face="serif">UNITED STATES</FONT><BR>
<FONT size=2 face="serif">SECURITIES AND EXCHANGE COMMISSION</FONT><BR>
<FONT size=2 face="serif">Washington, D.C. 20549</FONT></TD></TR></TABLE>
</P>
<P align="center">
<TABLE id="table7"><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">FORM S-8</FONT></B></TD></TR></TABLE>
</P>
<P align="center">
<TABLE id="table8"><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</FONT></B></TD></TR></TABLE>
</P>
<P align="center">
<TABLE id="table9"><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">VENTURE FINANCIAL GROUP, INC.</FONT></B><BR>
<FONT size=2 face="serif">(Exact name of registrant as specified in its charter)</FONT></TD></TR></TABLE>
</P>
<TABLE border=0 align="center" cellspacing=1 cellpadding=0 id="table10">
<TR valign="bottom">
	<TD align=center width=52% nowrap>
<B><FONT size=2 face="serif">Washington</FONT></B>&nbsp;
	</TD>
	<TD align=center width=47% nowrap>
<B><FONT size=2 face="serif">91-1277503</FONT></B>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=52% nowrap>
<FONT size=2 face="serif">(State of incorporation)</FONT>&nbsp;
	</TD>
	<TD align=center width=47% nowrap>
<FONT size=2 face="serif">(I.R.S. Employer Identification No.)</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=52% nowrap>
<B><FONT size=2 face="serif">1495 Wilmington Dr., P.O. Box 970,</FONT></B>&nbsp;
	</TD>
	<TD align=center width=47% nowrap>
<B><FONT size=2 face="serif">98327</FONT></B>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=52% nowrap>
<B><FONT size=2 face="serif">DuPont, Washington</FONT></B>&nbsp;
	</TD>
	<TD align=center width=47% nowrap>
<FONT size=2 face="serif">(Zip Code)</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=52% nowrap>
<FONT size=2 face="serif">(Address of principal executive offices)</FONT>&nbsp;
	</TD>
	<TD align=center width=47% nowrap>
&nbsp;
	</TD>
</TR>
</TABLE><BR>
<P align="center">
<TABLE id="table11"><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">VENTURE FINANCIAL GROUP, INC. 2004 STOCK INCENTIVE PLAN<br>
</FONT></B><FONT size=2 face="serif">(Full title of the plan) </FONT></TD></TR></TABLE>
</P>
<P align="center">
<TABLE id="table12"><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">Ken F. Parsons, Sr.</FONT></B><BR>
<B><FONT size=2 face="serif">Chief Executive Officer and Chairman</FONT></B><BR>
<B><FONT size=2 face="serif">1495 Wilmington Dr., P.O. Box 970 </FONT></B><BR>
<B><FONT size=2 face="serif">DuPont, Washington 98327 </FONT></B><BR>
<B><FONT size=2 face="serif">(253) 441-4000<br>
</FONT></B>
<FONT size=2 face="serif">(Name, address and telephone number<br>
of agent for service)</FONT></TD></TR></TABLE>

<P align="left">
<FONT size=2 face="serif">&nbsp;</FONT><p>
</P>
<TABLE border=0 cellspacing=1 cellpadding=0 width="975">
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<I><FONT size=2 face="serif">Copies to:</FONT></I>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<FONT size=2 face="serif">Andrew H. Ognall</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<FONT size=2 face="serif">Foster Pepper LLP</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<FONT size=2 face="serif">601 SW 2</FONT><SUP><FONT size=2 face="serif">nd </FONT></SUP><FONT size=2 face="serif">Avenue, Suite 1800</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<FONT size=2 face="serif">Portland, Oregon 97204</FONT>
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=100% colspan=9>
<FONT size=2 face="serif">CALCULATION OF REGISTRATION FEE</FONT>
	</TD>
</TR>
<TR>
	<TD colspan=9 width=100%>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=16% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=18% nowrap align=left>
<FONT size=2 face="serif">Number of Shares</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=20% nowrap align=left>
 &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">Proposed</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=19% nowrap align=left>
<FONT size=2 face="serif">Proposed Maximum</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=15% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=16% nowrap align=left>
<FONT size=2 face="serif">Title of Securities</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=18% nowrap align=left>
<FONT size=2 face="serif">Being Registered</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=20% nowrap align=center>
<p align="left">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum Offering</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=19% nowrap align=left>
<FONT size=2 face="serif">Aggregate Offering</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=15% nowrap align=left>
<FONT size=2 face="serif">Amount of</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=16% nowrap align=left>
<FONT size=2 face="serif">Being Registered</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=18% nowrap align=left>
<FONT size=1 face="serif">(1)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=20% nowrap align=left>
 &nbsp; &nbsp; &nbsp;<FONT size=2 face="serif">Price Per Share </FONT><FONT size=1 face="serif">(2)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=19% nowrap align=left>
<FONT size=2 face="serif">Price </FONT><FONT size=1 face="serif">(2)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=15% nowrap align=left>
<FONT size=2 face="serif">Registration Fee</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=16% nowrap align=left>
<FONT size=2 face="serif">Common Stock</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=18% nowrap align=left>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size=2 face="serif">500,000</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=20% nowrap align=right>
<p align="center">
<FONT size=2 face="serif">&#36;9.89</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=19% nowrap align=left>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size=2 face="serif">&#36;4,945,000</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=15% nowrap align=left>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size=2 face="serif">&#36;194.34</FONT>&nbsp;
	</TD>
</TR>
</TABLE><BR>
<TABLE border=0 cellspacing=0 cellpadding=0 width="930">
<TR>
	<TD nowrap valign=top width="38">
<FONT size=2 face="serif">(1)&nbsp;&nbsp;&nbsp;</FONT><br>
<br>
&nbsp; &nbsp; 	</TD>
	<TD width=892>
<FONT size=2 face="serif">This Registration Statement covers an aggregate of 500,000 shares of the Registrant&#146;s common stock that may be issued pursuant to awards granted under the equity-based incentive plan described above. In addition,
pursuant to Rule 416(c) under the Securities Act of 1933, this Registration Statement also covers such additional shares of common stock as may be issued pursuant to anti-dilution provisions of such plan.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top width="38">
<FONT size=2 face="serif">(2)</FONT>&nbsp;<br>
&nbsp;&nbsp; &nbsp; 	</TD>
	<TD width=892>
<FONT size=2 face="serif">Estimated pursuant to Rule 457(h) solely for the purpose of computing the registration fee, utilizing &#36;9.89 as the book value of Venture Financial Group, Inc.&#146;s common stock as of July 31, 2008.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>

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<A name="page_2"></A>

<P align="center">
<B><FONT size=2 face="serif">EXPLANATORY NOTE <br>
REGISTRATION OF ADDITIONAL SECURITIES</FONT></B></P>
<P>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Registrant increased the number of shares of its common stock available for issuance under its 2004 Stock Incentive Plan by 500,000 shares. This Registration Statement is being filed pursuant to General Instruction E
to Form S-8 to register the additional 500,000 shares of common stock, and the Registrant incorporates by reference into this Registration Statement the following: Items 6 and 9 of Part II of its Registration Statement on Form S-8 (File No.
333-117846) filed with the Securities and Exchange Commission (the &#147;Commission&#148;) on August 2, 2004. </FONT></P>
<P align="center">
<B><FONT size=2 face="serif">PART II <br>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</FONT></B></P>
<TABLE><TR><TD nowrap>
<B><FONT size=2 face="serif">Item 3. Incorporation of Documents by Reference.</FONT></B><BR>
</TD></TR></TABLE>
<P>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The following documents filed by Venture Financial Group, Inc. with the Commission are incorporated by reference in this registration statement: </FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 	</TD>
	<TD nowrap valign=top>
<FONT size=2 face="serif">(1)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">The registrant&#146;s Annual Report on Form 10-K for the period ending December 31, 2007 filed with the Commission on March 31, 2008.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
&nbsp;</TD>
	<TD nowrap valign=top>
<FONT size=2 face="serif">(2)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">The registrant&#146;s Quarterly Reports on Form 10-Q for the periods ending March 31, 2008 (filed with the Commission on May 14, 2008) and June 30, 2008 (filed with the Commission on August 14, 2008).</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
&nbsp;</TD>
	<TD nowrap valign=top>
<FONT size=2 face="serif">(3)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">The registrant&#146;s Current Report on Form 8-K filed with the Commission on May 19, 2008.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
&nbsp;</TD>
	<TD nowrap valign=top>
<FONT size=2 face="serif">(4)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">The description of the registrant&#146;s common stock contained in the registrant&#146;s Form 8-A filed with the Commission on May 2, 1994, and as updated by the registrant&#146;s Current Report on Form 8-K filed with the
Commission on August 27, 2008.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>
<P>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All documents filed by the registrant subsequent to those listed above pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Securities Exchange Act of 1934, as amended, prior to the filing of a post-effective amendment
which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such
documents.</FONT></P>
<TABLE><TR><TD nowrap>
<B><FONT size=2 face="serif">Item 8. Exhibits.</FONT></B><BR>
</TD></TR></TABLE>
<P>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The exhibits required by Item 601 of Regulation S-K being filed herewith or incorporated herein by reference are listed on the Exhibit Index, which follows the signature page. </FONT></P>

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<A name="page_3"></A>

<P align="center">
<TABLE><TR><TD nowrap>
<U><FONT size=2 face="serif">SIGNATURES</FONT></U><BR>
</TD></TR></TABLE>
</P>
<P>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of DuPont, State of Washington, on August 20, 2008. </FONT></P>
<TABLE width="743"><TR><TD width=443>&nbsp;</TD><TD nowrap>
<B><FONT size=2 face="serif">VENTURE FINANCIAL GROUP, INC.<br>
</FONT></B><BR>
<FONT size=2 face="serif">By: <u>/s/ Ken F. Parsons, Sr. </u>  </FONT><BR>
<FONT size=2 face="serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ken F. Parsons, Sr. </FONT><BR>
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer </FONT><BR>
</TD></TR></TABLE>
<P align="center">
<TABLE><TR><TD nowrap>
<U><FONT size=2 face="serif">POWER OF ATTORNEY</FONT></U><BR>
</TD></TR></TABLE>
</P>
<P>
<FONT size=2 face="serif"> Each person whose individual signature appears below hereby authorizes and KEN F. PARSONS, SR. and JAMES F. ARNESON and SANDRA SAGER, and each of them, with full power of substitution to act as his true and lawful attorney
in fact and agent to act in his name, place and stead, and to execute in the name and on behalf of each person, individually and in each capacity stated below, and to file any and all amendments to this registration, including any and all
post-effective amendments or new registration pursuant to Rule 462. </FONT></P>
<P>
<FONT size=2 face="serif"> Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated. </FONT></P>
<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<u>
<FONT size=2 face="serif">./s/ Ken F. Parsons, Sr.</FONT>&nbsp;</u>
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Ken F. Parsons, Sr.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Chief Executive Officer and Chairman</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/James F. Arneson</FONT>&nbsp;</u>
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
 &nbsp;<FONT size=2 face="serif">James F. Arneson, President and Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Keith W. Brewe</FONT></u>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
 &nbsp;<FONT size=2 face="serif">Keith W. Brewe, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Lowell E. Bridges</FONT>&nbsp;</u>
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
 &nbsp;<FONT size=2 face="serif">Lowell E. Bridges, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Linda E. Buckner</FONT></u>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Linda E. Buckner, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Jewell C. Manspeaker</FONT>&nbsp;</u>
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Jewell C. Manspeaker, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Patrick L. Martin</FONT></u>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Patrick L. Martin, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/A. Richard Panowicz</FONT>&nbsp;</u>
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="37%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">A. Richard Panowicz, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=26% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
</TABLE><BR>

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<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Larry J. Schorno</FONT></u>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="38%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Larry J. Schorno, Director</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=27% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
<FONT size=2 face="serif">By:</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="53%" nowrap align=left>
<u>
<FONT size=2 face="serif">/s/Sandra L. Sager</FONT></u>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width="38%" nowrap align=left colspan="5">
<FONT size=2 face="serif">Date: August</FONT>&nbsp;
	<FONT size=2 face="serif">20,</FONT>&nbsp;
	<FONT size=2 face="serif">2008</FONT></TD>
</TR>
<TR valign="bottom">
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=53% nowrap align=left>
<FONT size=2 face="serif">Sandra L. Sager, Chief Financial Officer</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=27% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=3% nowrap align=left>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD width=4% nowrap align=left>
&nbsp;
	</TD>
</TR>
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<TABLE><TR><TD nowrap>
<U><FONT size=2 face="serif">EXHIBIT INDEX</FONT></U><BR>
</TD></TR></TABLE>
</P>
<TABLE><TR><TD nowrap>
<U><FONT size=2 face="serif">Exhibit</FONT></U><BR>
</TD></TR></TABLE>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">4.1*</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">&nbsp;Second Amended and Restated Articles of Incorporation</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">4.2** </FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Bylaws</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<a href="fs8vfg082808ex43.htm">
<FONT size=2 face="serif">4.3</FONT>&nbsp;</a> &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif"><a href="fs8vfg082808ex43.htm">Venture Financial Group, Inc. 2004 Stock Incentive Plan, as amended</a></FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif"><a href="fs8vfg082808ex51.htm">5.1</a></FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<a href="fs8vfg082808ex51.htm">
<FONT size=2 face="serif">Opinion of Foster Pepper LLP</FONT> </a>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<a href="fs8vfg082808ex23.htm">
<FONT size=2 face="serif">23.1</FONT>&nbsp;</a> &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif"><a href="fs8vfg082808ex23.htm">Consent of Moss Adams LLP</a></FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">23.2</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Consent of Foster Pepper LLP (included in Exhibit 5.1)</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">24.1</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Power of Attorney (included in the signature page)</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">*</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Incorporated by reference to Exhibit 3.1 of the registrant&#146;s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005, filed May 16, 2005.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">**</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Incorporated by reference to Exhibit 3.2 of the registrant&#146;s Current Report on Form 8-K for the filed June 25, 2007.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>

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[{"type": "S-8", "sequence": "1", "filename": "fs8vfg082808cov.htm", "description": "FORM S-8", "secsgml_size_bytes": 28392}]
{"company-data": {"conformed-name": "VENTURE FINANCIAL GROUP INC", "cik": "0000892449", "assigned-sic": "6022", "irs-number": "911277503", "state-of-incorporation": "WA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-153232", "film-number": "081045356"}, "business-address": {"street1": "1495 WILMINGTON DR.", "street2": "PO BOX 970", "city": "DUPONT", "state": "WA", "zip": "98327", "phone": "3604591100"}, "mail-address": {"street1": "1495 WILMINGTON DR.", "street2": "PO BOX 970", "city": "DUPONT", "state": "WA", "zip": "98327"}}
-- Converted by SECPublisher 3.1.0.1, created by BCL Technologies Inc., for SEC Filing
Filed with the Securities and Exchange Commission on August 27, 2008
Securities Act Registration No. 333-______
____________________________________________________________________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
VENTURE FINANCIAL GROUP, INC.
(Exact name of registrant as specified in its charter)
Washington
91-1277503
(State of incorporation)
(I.R.S. Employer Identification No.)
1495 Wilmington Dr., P.O. Box 970,
98327
DuPont, Washington
(Zip Code)
(Address of principal executive offices)
VENTURE FINANCIAL GROUP, INC. 2004 STOCK INCENTIVE PLAN
(Full title of the plan)
Ken F. Parsons, Sr.
Chief Executive Officer and Chairman
1495 Wilmington Dr., P.O. Box 970
DuPont, Washington 98327
(253) 441-4000
(Name, address and telephone number
of agent for service)
Copies to:
Andrew H. Ognall
Foster Pepper LLP
601 SW 2
nd
Avenue, Suite 1800
Portland, Oregon 97204
CALCULATION OF REGISTRATION FEE
Number of Shares
Proposed
Proposed Maximum
Title of Securities
Being Registered
Maximum Offering
Aggregate Offering
Amount of
Being Registered
(1)
Price Per Share
(2)
Price
(2)
Registration Fee
Common Stock
500,000
$9.89
$4,945,000
$194.34
(1)
This Registration Statement covers an aggregate of 500,000 shares of the Registrant's common stock that may be issued pursuant to awards granted under the equity-based incentive plan described above. In addition,
pursuant to Rule 416(c) under the Securities Act of 1933, this Registration Statement also covers such additional shares of common stock as may be issued pursuant to anti-dilution provisions of such plan.
(2)
Estimated pursuant to Rule 457(h) solely for the purpose of computing the registration fee, utilizing $9.89 as the book value of Venture Financial Group, Inc.'s common stock as of July 31, 2008.
EXPLANATORY NOTE
REGISTRATION OF ADDITIONAL SECURITIES
The Registrant increased the number of shares of its common stock available for issuance under its 2004 Stock Incentive Plan by 500,000 shares. This Registration Statement is being filed pursuant to General Instruction E
to Form S-8 to register the additional 500,000 shares of common stock, and the Registrant incorporates by reference into this Registration Statement the following: Items 6 and 9 of Part II of its Registration Statement on Form S-8 (File No.
333-117846) filed with the Securities and Exchange Commission (the "Commission") on August 2, 2004.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed by Venture Financial Group, Inc. with the Commission are incorporated by reference in this registration statement:
(1)
The registrant's Annual Report on Form 10-K for the period ending December 31, 2007 filed with the Commission on March 31, 2008.
(2)
The registrant's Quarterly Reports on Form 10-Q for the periods ending March 31, 2008 (filed with the Commission on May 14, 2008) and June 30, 2008 (filed with the Commission on August 14, 2008).
(3)
The registrant's Current Report on Form 8-K filed with the Commission on May 19, 2008.
(4)
The description of the registrant's common stock contained in the registrant's Form 8-A filed with the Commission on May 2, 1994, and as updated by the registrant's Current Report on Form 8-K filed with the
Commission on August 27, 2008.
All documents filed by the registrant subsequent to those listed above pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Securities Exchange Act of 1934, as amended, prior to the filing of a post-effective amendment
which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such
documents.
Item 8. Exhibits.
The exhibits required by Item 601 of Regulation S-K being filed herewith or incorporated herein by reference are listed on the Exhibit Index, which follows the signature page.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of DuPont, State of Washington, on August 20, 2008.
VENTURE FINANCIAL GROUP, INC.
By:
/s/ Ken F. Parsons, Sr.
Ken F. Parsons, Sr.
Chief Executive Officer
POWER OF ATTORNEY
Each person whose individual signature appears below hereby authorizes and KEN F. PARSONS, SR. and JAMES F. ARNESON and SANDRA SAGER, and each of them, with full power of substitution to act as his true and lawful attorney
in fact and agent to act in his name, place and stead, and to execute in the name and on behalf of each person, individually and in each capacity stated below, and to file any and all amendments to this registration, including any and all
post-effective amendments or new registration pursuant to Rule 462.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated.
By:
./s/ Ken F. Parsons, Sr.
Date: August
20,
2008
Ken F. Parsons, Sr.
Chief Executive Officer and Chairman
By:
/s/James F. Arneson
Date: August
20,
2008
James F. Arneson, President and Director
By:
/s/Keith W. Brewe
Date: August
20,
2008
Keith W. Brewe, Director
By:
/s/Lowell E. Bridges
Date: August
20,
2008
Lowell E. Bridges, Director
By:
/s/Linda E. Buckner
Date: August
20,
2008
Linda E. Buckner, Director
By:
/s/Jewell C. Manspeaker
Date: August
20,
2008
Jewell C. Manspeaker, Director
By:
/s/Patrick L. Martin
Date: August
20,
2008
Patrick L. Martin, Director
By:
/s/A. Richard Panowicz
Date: August
20,
2008
A. Richard Panowicz, Director
By:
/s/Larry J. Schorno
Date: August
20,
2008
Larry J. Schorno, Director
By:
/s/Sandra L. Sager
Date: August
20,
2008
Sandra L. Sager, Chief Financial Officer
EXHIBIT INDEX
Exhibit
4.1*
Second Amended and Restated Articles of Incorporation
4.2**
Bylaws
4.3
Venture Financial Group, Inc. 2004 Stock Incentive Plan, as amended
5.1
Opinion of Foster Pepper LLP
23.1
Consent of Moss Adams LLP
23.2
Consent of Foster Pepper LLP (included in Exhibit 5.1)
24.1
Power of Attorney (included in the signature page)
*
Incorporated by reference to Exhibit 3.1 of the registrant's Quarterly Report on Form 10-Q for the quarter ended March 31, 2005, filed May 16, 2005.
**
Incorporated by reference to Exhibit 3.2 of the registrant's Current Report on Form 8-K for the filed June 25, 2007.