8-K

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): March 22, 2010

SUGAR CREEK FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

United States	0-52532	74-3210459
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation)	File Number)	Identification No.)

28 West Broadway, Trenton, Illinois	62293
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (618) 224-9228

Not Applicable

(Former name or former address, if changed since last report)

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:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01  Other Events.

 On March 22, 2010, Sugar Creek Financial Corp. (the “Company”) issued a press release announcing that it plans to deregister its common stock and suspend reporting obligations under the Securities Exchange Act of 1934 by filing a Form 15 with the Securities and Exchange Commission on April 6, 2010.

For more information, reference is made to the Company’s press release dated March 22, 2010, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith.

Item 9.01  Financial Statements and Exhibits.

(d)  Exhibits

Number                      Description

99.1                      Press Release Dated March 22, 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 thereunto duly authorized.

	SUGAR CREEK FINANCIAL CORP.
Date: March 22, 2010	By:	/s/ Robert J. Stroh, Jr.
		Robert J. Stroh, Jr.
		Chief Executive Officer and Chief Financial Officer

EX-99.1

FOR IMMEDIATE RELEASE

Contact:	Robert J. Stroh, Jr.
	Chief Executive Officer and Chief Financial Officer
	(618) 224-9228

SUGAR CREEK FINANCIAL CORP.

ANNOUNCES DECISION TO DEREGISTER ITS COMMON STOCK

March 22, 2010, Trenton, Illinois — Sugar Creek Financial Corp. (OTCBB: SUGR) today announced that it plans to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934 by filing a Form 15 with the Securities and Exchange Commission on April 6, 2010.

The Company expects the deregistration to be effective within 90 days after the filing of the Form 15.  The Company’s obligations to file with the SEC certain reports and forms, including Form 10-K, Form 10-Q and Form 8-K, are suspended immediately as of the filing date of the Form 15 and will cease as of the effective date of the Form 15.  The Company anticipates that its common stock will continue to be quoted on the OTC Bulletin Board after deregistration with the SEC to the extent market makers continue to make a market in its shares.  No guarantee, however, can be made that trading will continue.

Robert J. Stroh, Jr., Chief Executive Officer and Chief Financial Officer, said “The decision by the Board of Directors of the Company to deregister was made after careful consideration of the advantages and disadvantages of being a public company and the high costs and demands on management’s time arising from compliance with the many SEC and Sarbanes-Oxley requirements. We believe deregistration will be a significant benefit to the Company by reducing expenses and permitting management to focus its energies on operating the Bank.”

Sugar Creek Financial Corp. is the parent company of Tempo Bank.  Tempo Bank is headquartered in Trenton, Illinois and also operates a full-service branch office in Breese, Illinois.  Tempo Bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses within its market area.

This press release may contain certain forward-looking statements which are based on management’s current expectations regarding economic, legislative and regulatory issues that may impact the Company’s earnings in future periods.  Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values and competition, changes in accounting principles, policies or guidelines, changes in legislation or regulation and other economic, competitive, governmental, regulatory and technological factors affecting the Company’s operations, pricing, products and services.