-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CoQSCP2gyQYhkb3tKdxvq5y5YrTldFl3osqUR0PHvDeLHrzhq8CZV/w7eVn/2zwN
 ZvILm7oOrBzyxhaASMiKvg==

<SEC-DOCUMENT>0001193125-09-120115.txt : 20090528
<SEC-HEADER>0001193125-09-120115.hdr.sgml : 20090528
<ACCEPTANCE-DATETIME>20090528124115
ACCESSION NUMBER:		0001193125-09-120115
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20090526
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090528
DATE AS OF CHANGE:		20090528

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WASHINGTON FEDERAL INC
		CENTRAL INDEX KEY:			0000936528
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				911661606
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25454
		FILM NUMBER:		09856672

	BUSINESS ADDRESS:	
		STREET 1:		425 PIKE STREET
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
		BUSINESS PHONE:		2066247930

	MAIL ADDRESS:	
		STREET 1:		425 PIKE ST
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="4"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="4"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Date of Report (Date of earliest event reported): May&nbsp;26, 2009 </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>Washington Federal, Inc. </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact name of registrant as specified in its charter) </B></FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Washington</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>0-25454</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>91-1661606</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or other jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>of incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>File Number)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>425 Pike Street, Seattle, Washington</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>98101</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of principal executive offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Registrant&#146;s telephone number, including area code (206)&nbsp;624-7930 </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Not Applicable </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Former name or
former address, if changed since last report) </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">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 (see General Instruction A.2. below): </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;8.01.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Other Events </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On May&nbsp;26, 2009, Washington
Federal, Inc. announced by press release that it has received approval from the U.S. Department of the Treasury to repurchase all of its 200,000 outstanding shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A, for a total redemption
price of $200 million plus a final pro rata accrued dividend. A copy of the press release is attached hereto as Exhibit 99.1. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;9.01</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Financial Statements and Exhibits </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">(d) Exhibits </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:25pt"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Press Release dated Tuesday, May 26, 2009</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">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 thereunto duly authorized. </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Date: May&nbsp;27, 2009</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">WASHINGTON FEDERAL, INC.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ BRENT J. BEARDALL</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Brent J. Beardall</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President and Chief Financial Officer</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE DATED  TUESDAY, MAY 26, 2009
<TEXT>
<HTML><HEAD>
<TITLE>Press Release dated  Tuesday, May 26, 2009</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g40401g06l61.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Washington Federal, Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B><I></I></B>425 Pike Street<B><I> </I></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Seattle, WA 98101 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">(206) 777-8246 Contact: Cathy Cooper </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">Tuesday, May&nbsp;26, 2009 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">FOR IMMEDIATE RELEASE </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Washington Federal to Repurchase $200 Million of
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Preferred Stock from the U.S. Treasury </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">SEATTLE, WASHINGTON &#150; On May&nbsp;26, 2009, Washington Federal, Inc. (NASDAQ: WFSL) announced that it had received regulatory approval for the repayment of the Preferred Stock Investment from the U.S. Treasury which is scheduled to
occur on May&nbsp;27, 2009. The repayment will be made from operating funds and will not require the issuance of any new capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Chairman, President and Chief Executive Officer, Roy M. Whitehead commented, &#147;When asked by the U.S. Government to participate in its Treasury Capital Purchase Program last fall, we determined that accepting their investment could
drive significant benefits for Washington Federal, the neighborhoods we serve and for the banking system as a whole. Over time though, it became apparent that their well-intended investment was only making a challenging business even more difficult.
Investors viewed the funds as debt rather than equity, the public viewed it as a bailout, Congress retroactively added onerous additional restrictions, and the overall cost was substantially higher than other funding sources. While it didn&#146;t
work out as well for us, it should be noted that this was an excellent investment for U.S. taxpayers.&#148; </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">As a result of its investment in Washington Federal, the U.S. Treasury will have received complete
repayment of its initial investment plus dividends and estimated fair value of warrants that amount to an annualized return of 7.95%. Dividends paid by Washington Federal on the preferred stock during the six months the funds were outstanding
amounted to $5,361,000. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Washington Federal has the capacity to repay these funds from operations. In fact, even after applying the
estimated loss factors provided by the U.S. Treasury applied over a two year period, which were used to stress test the largest 19 financial institutions in the United States, Washington Federal would have an estimated ratio of tangible common
equity to tangible assets of 8.85%. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Assuming the redemption of the Preferred Stock at March&nbsp;31, 2009, the pro forma regulatory
capital ratios for the Company would have resulted in a tier 1 leverage ratio of 9.55% and a risk based capital ratio of 17.11%, both significantly higher than regulatory minimums to be considered well capitalized. The bank&#146;s ratio of tangible
common equity to tangible common assets was 10.0% as of March&nbsp;31, 2009. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Washington Federal has yet to determine if the warrants
issued to the U.S. Treasury will be repurchased or sold by the U.S. Treasury. Washington Federal issued 1,707,456 warrants with a strike price of $17.57 to the U.S. Treasury on November&nbsp;14, 2008. Earnings available to common shareholders will
be reduced by $1,915,000 upon repayment of the $200 million. This amount represents the remaining unamortized discount on the preferred stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">Washington Federal Savings operates 150 offices in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico. Established in 1917, the Company provides residential real estate loans, commercial real estate financing, consumer
deposit accounts and business banking. On March&nbsp;31, 2009, the Company reported $12.3 billion in assets, $7.6 billion in deposits and $1.6 billion in stockholders&#146; equity. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Statements contained herein that are not historical facts should be considered forward-looking statements
with respect to Washington Federal. Forward-looking statements of this type speak only as of the date of this report. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to,
unforeseen local, regional, national or global events, economic conditions, asset quality, interest rates, loan demand, changes in business or consumer spending, borrowing or savings habits, deposit growth, adequacy of the reserve for loan losses,
competition, stock price volatility, government monetary and economic policy, anticipated expense levels, changes in laws and regulations, the level of success of the company&#146;s asset/liability management strategies as well as its marketing,
product development, sales and other strategies, the effect of changes in accounting policies and practices, as may be adopted by the regulatory agencies as well as the Financial Accounting Standards Board and other accounting standard setters, the
costs and effects of litigation and of unexpected or adverse outcomes in such litigation, and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the
forward-looking statements. Washington Federal undertakes no obligation to update or revise forward-looking statements to reflect subsequent circumstances, events or information or for any other reason. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"># # # </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g40401g06l61.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g40401g06l61.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MP``+"`!&`1H!`1$`_\0`'P```04!`0$!`0$```````````$"`P0%!@<("0H+
M_\0`M1```@$#`P($`P4%!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$(
M(T*QP152T?`D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%56
M5UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBI
MJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W
M^/GZ_]H`"`$!```_`/9J**************^;?$-KXK\>^,-9^Q0SWJ6-RT8A
M64!84#%5P"1_=/3O7+:UHFK>'KQ;/5[62UG9`X1V!RO(!X)'8U>T/PGXHU^T
M:[T>PN+B!'\LND@4!L9QR1ZC\ZHZM8ZQH6H-8ZFD]M<H`2C/DX/(Y!K0T7PM
MXL\0V;7>DV=U=0*Y0R+*`-P`..2/45Z3\&+O6['Q#JOAO59)=MM")/(DDW^4
MX8`X.3C(;D#TKV*BBBBBBBBBBBBBBBBBBBBBBBBBBBBBOGWP9KW]A_&6]21]
ML%_>SVTF3QEI#M/_`'T!^9KK/COH/VK0[/6XDS)9R>5*1_<?I^3`?]]5V7@;
M18_#'@K3[*8K%((Q).6./WC\D'\3C\*X'X]:`7AT_7XER4/V6;`['+(?SW#\
M17;>'K2#P)\-HC<J%-G:&XN!W,A&YA^9Q^5><?!&\FU#QSK%[<-NFN+9I)&]
M6,BDU[G111111111111111111111111111117R3XCD>'QAJDL;%72_E96'4$
M2'!KZ8T.\L_&?@ZRN[F))H;R%6EC;IO4\C\&7]*Y'XW^(6TSPU;:9;R[)[Z8
M,<'!"(0W_H6W]:ZO2I;'QQX-L+J[B$L5RD<KKZ2(P)_)E-<C\<]>^P^&+?1X
MGQ+J$N7`_P">:8)_-MOY&N4^`?\`R->H_P#7B?\`T-:]ZHHHHHHHHHHHHHHH
MHHHHHHHHHHHHHHKY'\4?\C7J_P#U_3?^AFO1/A%XLUZVTRZT32]#75O)?SP#
M>+`8U;`/WAR,C]?>K'B[P1XY\>^)$O;K2X-,@2$1QK)>+(J`9/5>223Z5L>!
MK7Q]X,T5]*D\+)?Q><9(V&HQQ[`<9'?C(S^->9_$KQ#?^(/%LS7]H+.2S46_
MV=9A*(RI.[YAP3DFNG^`8_XJG43Z67_LZU[S111111111111111111111111
M111117R3XLC>+Q?K"2*587TV0?\`?-3^#O%5SX.U]-5MX1/B-HWA9BH=2/7Z
MX/X5Z#_PT#>?]"]!_P"!)_\`B:0_M`WI4[?#\`..";D\?^.UY+//)<W$EQ,Q
M>25R[L>Y)R37JGP!1CX@U63!VK:J">V2_P#]8U[K1111111111111165'XHT
M":=((M:L'FD?8L:W"EBV<8QG.:6?Q+H5K<O;7&LV,4\;;&B>X4.#Z8)S4U_K
M>E:4ZIJ.I6MHSJ643S*FX#TR:MQR)-$DL;!T=0RL#D$'H:?5>[O[.PC$EY=0
MVZ,0H,KA<D]`,]ZL5`+RU-X;(7$7VD)YAAWC>%SC=CKC/>IZ******YW6O`7
MA?Q#>_;=3TF.:X(PTBNR%OKM(S^-<X?!'PI$CQD:<'C;:ZG4F!4^A&_BG6_@
M+X77MT+2UCLI[AAD11:@S.>_0/FKY^$7@<C_`)`Q'_;S+_\`%4S_`(4]X(S_
M`,@J3_P)D_\`BJZ#P[HN@Z';36F@P6\*+)B81/O;>!T8Y)SCL?6M>BBF221P
MQM)*ZQHHRS,<`#W-.!#`$$$'D$50O-?T?3[E;:]U6SMIVQB.6=5;VX)J[%-%
M,I:*1)%!QE6!%/HJ.6>&$H)94C\Q@B;V`W,>@'J?:I*****\C\:6<?@WXI:-
MXLB4+:ZA-Y5R,#"$J%)_$'/U!I_QB,&CZYX=\20!3=VTW[Q0N=\:L""?;)(_
MX%74^,)=/U>+1[:?9):._P#:4TA7(6WA7>3^)9!^)JM=?$R*RTFTUV?0[M-%
MNY?+2Z+IO')`8Q]0#M/?I6W?>*88M7AT?3K?[?J$UM]J$8E6-1%G`)8]SV`!
M]:\U^)%U:WE]X;UJXTJ:PO%U$P722KN?$;(<#&0PYR".N:[+_A9=O;>(;72=
M5T/4=+6^8+:SW*J`Y)P,@'CDCZ9&<5D'5O#R?%J:Z32=8.KQVCB0%,*0JXRB
M=6)7CT[]:NVGQ8AU6SN[G1_#FJWZVCX?8@&$QG<3V[\#)X[5H1_$[0)/"*>(
M\S")Y?(%L%!E,O78!G&<<YSTIMW\0O[)OX-/UC0+^UN[M-UI%$4F\\YQL!!X
M;V/'O6!X3^(NN:SXFU9+C0[MX$EC@2&/:$LL%@QE8XY[D_[-=')X\,UA<ZII
M&B7>IZ9:LRR743HN_;]XQJ3EP/7CVS5+4?B[X=LM,M+^**\NHKSA"D6%5@?F
M5B>`PZX&>H]:E7XG6<6NVNFZEHNIZ9'>OLMKFZB"K(2<#C.0.1],C.*[:O(_
MB`VDZ;\7/#E[?QP16WE%KAVCR#@L`6&.><5MR^+?!%UJSZC"4']AQBY^UV\>
MTN7#1^4!C+9R./7'H:W3XQ2SU2QL-9TVXTPZD=MK+(RNC-Q\C%3\K<CCI[U3
MUOQ'#JMGJ=E9Z'?:Q96Q,-W+:R*@##DJAW`L1QG%<=\(]=LO#W@#4+Z]+E6U
M+RXXXUW22NR(%51W)KN3XXAL]5CTS6-*O-.N;B-I+8';*)\=5783\_\`L^XK
M!F^-OAV)+EOL=^3!*L>PQ@.1_$Q!/R@'CDY)K1/Q,LKJPO=1T?2[W4['3P#=
M3Q[$"#&3@,06P.O%<A\6[_3?$?@72/$>GO,5N+D1#<[`!<.2K)G&0R]?;K7K
M]J,6D(':-<?E7D'AKQOI_AB]U+0?&>F20W5Q=R237<D7F+,&/&\8R1CH1D8K
MJ=%O=`\&VR6NDS?;X]>OGFTVWM<$8*J&&2<!5([],X[5>M_B!:S7VJ:9)I5]
M%J>F1^;)9X1GE3C)0AL'@@XS4_ACQM;>+=-NM0TS3KSRK<E0)#&&D<#.T#=U
MY'7`YKB_%?B;P[XI&BOJ.GZ[9R)?@6@V"-)CN"M\^2,`CJ.1CCK737GQ/TNV
M\1/H,6FZI<WB!LQQVQW,PZ!5."<CG/`QSFI]!^(NDZS<:A:7$%UI5UIT;2W$
M-Z@1E0=6X)Z?UJ!_B78QZ.FNR:1J*Z,\AC6]V)@\XW;-VX*3QG%+I_Q'M]8B
MD.E:+?WLL49FDA38K)%D[#AB,E@,A1G@BNAL==L[^PM[R/S42XB655="&`8`
M@'WYK%^)N@_\)!X%OX$3=/;K]IA]=R<D#ZKN'XUB:'H-WXQ^'EQ=:RH%YJ=@
MD%OG_EFD8S&WU9_G/U'I5;X=2:G:^!KS7[ZU-Q<V5H]I:0`'<8X=QV_4L2#_
M`+HKD=?\0R^*_AK->7>J37.I"Y5I+"",K%:QAB`2`/IRQ[UT&IV?A;QI?V4)
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M0`*.I.6`_&NC^%OB;2M.\''1-:NH-.O--DD2:"[<1L5)+9P>O4C\*\VU#3SH
MV@::]UBWAO=8:Z@@DX<0`*`Y4\@'^E=W\9]2L+BS\-S6][!*C79E5XY`P*<?
M,".WO7J\,T5S"D\$J2Q2*&1T8,K`]P1UKRGQOJ^FV_QE\-R3WD*QVB;;ABPQ
M$26QN].HZU>^,/A_^TO#B:UI=N;B:)XS,T))\R`;B#QU`)!SV&:33;GX<Z]!
M9RVMO)=7Y*M%:&2>66%^.2I;``/5NG'6LSX;>,=-\/Z)J/A_7IFL]1M[F0['
M1BTI;L,#);/;OD5Y]9,\G@>%X0TRV&K&YNH8]P98RB`/D=!D$9[$UZMIK_#/
M4+S3KRR,MY?+(LD$9GGDD@(()9@S$*%QDD\<=ZS_`(1WNDW.J>)[2:>UDDO+
MTO%&Y!,R98Y`/WAWJI=^,7UUO%6F7%^NCPVJ2PVFG6L8$MX^&7YC@D]!D#'W
MO:N6U'5=.D^#.BZ<EY$UY#J3/+`&RZ+^\Y([#D?G7T-97-O?:=%<65Q'+#)&
M#'+&0RGCJ*XZSUWPSXHT=M/\6_8$U"T+17<%[MC(93@NF<'!QG*],UPEGK-S
MX)\NSTQQ::1JVJR?8]1NH]_D6XVJ74'USG)ZA<XYK3T2^L+?XW/<'5'NH+JQ
M"074Y_X^&(4?*0`#R"!CCBIH].U7PI\1=1\/Z-$RV?B2+S()`<"V.?G<?[H+
MX'NE.^+']G:3)X0L(I8H8K*Z4[-XS'&NP;CWQQUJ.RU733^T%=7/V^V,,MH(
MXY1*I1G,:?*&Z9ZU#K7]E7OQIU2SO;I([>ZTIK>5D8;MQC'`_P!K`Z>U0:4R
M:Y\.K3PU<^)]`L]/9P6D>XQ<K&'WA"AP`V>^<?SI^MZ!HUUJ6HW?AK73H^K:
M%!&N#.`ES&D2E7!!'8`'J.!D<U/8>.OB5)I]LZ^&!<JT2D3&,@R#`^;CUZU[
M`0",$9!I%544(BA548``P`*$18UVHH4=<`8%-6"%49%B0*_WE"C!^M)+:V\R
MJLL$<BKT#("!0]M;R-N>"-CC;DH#QZ4GV2V``^SQ8`VCY!P/2F_8+/9Y?V2#
M9_=\L8IWV2VR3]GBR05/R#H>HKD/B1HMQ>Z#$UDMJ+>"=)+V"0;/M$2G.S<`
M2.0*Y)/"_A[QPL-OHFA6^CM'(LDUR)6WJ@/*JH&"3CJ2,5ZVME:K/]H%M%Y^
M,>;L&_\`/K39=/LIYUGFLX))E^[(\2EA^)%.ELK6>3S)K:&1\8W/&"<>F333
MIUB0H-E;D(NU1Y2_*/0<<"IXXTAC6.)%1%&%51@`>PJ-K.U<N6MH6+_>)0'=
M]?6I$18T"(H55&`JC``ID5O!"S-%#'&6^\54#---E:&Z^U&UA-P!CS?+&_'U
MZT^.W@AB\F*&-(\8V*H`_*HH=/LK976"S@B63.\)$JAL]<X'-*EA91.KQVD"
M,GW66,`CZ<4)8V<=TUTEI`MP_P!Z58P';ZGK3$TG38_N:?:KUZ0J/Z5/##%;
MQB*")(D'144*!^`ID]E:73*UQ:PS,O*F2,,1],TZ:V@N$"3P1RJIR%=`P!_&
M@V\!E24PQF2,81]HRH]`>U.,<9D60HI=00K$<@'&0#^`_*HIM/LKB0R3V<$K
MD8+/&&)'IDBHUTC3%`"Z=:`*<C$"\'\JJ:UI"7&EWK:?!:0:@\3&&XDA4[),
M<,3CU[UXYI4'@^XL1H<_A@3:ZB>4]P;EUB>3!^?<#D<\XVUZKX8\%V&B>'-/
:TZ^M[6^N;13F=X%8[BQ;@D9P,X'TKI:__]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
