SUGAR CREEK FINANCIAL CORP. (OTCBB:SUGR) Files An 8-K Other Events

SUGAR CREEK FINANCIAL CORP. (OTCBB:SUGR) Files An 8-K Other Events
Item 8.01 Other Events.

On November 22, 2016, Sugar Creek Financial Corp. (the “Company”) completed its previously reported authorization to repurchase up to $1,100,000 worth of its outstanding shares of common stock. The Company repurchased 93,025 shares at a weighted average price of $11.78 per share. The shares were repurchased in open market transactions. As a result of the repurchases, the Company has 856,220 shares of common stock outstanding as of the date of this Current Report.

About SUGAR CREEK FINANCIAL CORP. (OTCBB:SUGR)

Sugar Creek Financial Corp. is a holding company for Tempo Bank (the Bank). The Company’s primary business activities consist of borrowings to Tempo Bank’s employee stock ownership plan (ESOP) and investing in deposit accounts at Tempo Bank and other financial institutions. The Bank is a federally chartered savings bank. The Company offers single-family owner and non-owner occupied residential loans, commercial and multi-family real estate loans, land loans and consumer loans. The Company offers three types of residential mortgage loans: fixed-rate loans, balloon loans and adjustable-rate loans. The Company invests in a range of liquid assets, including the United States Treasury obligations, securities of various federal agencies and of state and municipal governments, mortgage-backed securities and certificates of deposit of federally insured institutions. Deposits and loan repayments are the Company’s sources of funds for lending and other investment purposes.

SUGAR CREEK FINANCIAL CORP. (OTCBB:SUGR) Recent Trading Information

SUGAR CREEK FINANCIAL CORP. (OTCBB:SUGR) closed its last trading session 00.00 at 13.00 with 2,196 shares trading hands.

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