SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Tipton Kristina K.

(Last)

(First)

(Middle)

62960 JAMES RD.

(Street)

CAMBRIDGE

43725

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/27/2008

3. Issuer Name and Ticker or Trading Symbol
CAMCO FINANCIAL CORP [ CAFI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	PFAO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,813⁽¹⁾	I	by 401 (K) Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option	02/18/2011	02/18/2021	Common Shares	2,141⁽²⁾	$2.15	D
Stock Option	02/25/2010	02/25/2020	Common Shares	3,815⁽²⁾	$2.51	D
Stock Option	01/22/2008	01/22/2018	Common Shares	677⁽²⁾	$8.92	D
Stock Option	01/23/2007	01/23/2017	Common Shares	296⁽²⁾	$12.35	D
Stock Option	02/01/2006	02/01/2016	Common Shares	2,925⁽²⁾	$14.1	D
Stock Option	01/27/2005	01/27/2015	Common Shares	1,000⁽²⁾	$16.51	D
Stock Option	01/27/2004	01/27/2014	Common Shares	211⁽²⁾	$17.17	D
Stock Option	01/22/2003	01/22/2013	Common Shares	709⁽²⁾	$16.13	D

Explanation of Responses:

1. Shares were purchased through the 401(k) plan, which purchase was exempt under Section 16b-3(d).

2. 20% exercisable on date of grant. Additional 20% exercisable each anniversary date thereafter.

Remarks:

	/s/Kristina K. Tipton	03/09/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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