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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 6, 2008
PVF Capital Corp.
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(Exact Name of Registrant as Specified in Charter)
Ohio 0-24948 34-1659805
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(State or Other Jurisdiction Commission File Number (I.R.S. Employer
of Incorporation) Identification No.)
30000 Aurora Road, Solon, Ohio 44139
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (440) 248-7171
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Not Applicable
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(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))
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENT OF CERTAIN OFFICERS
On May 6, 2008, PVF Capital Corp. (the "Company"), the holding company for
Park View Federal Savings Bank (the "Bank"), and the Bank entered into
amendments (the "Amendments") to its severance agreements with each of John R.
Male, the Chairman of the Board and Chief Executive Officer of the Company and
the Bank, C. Keith Swaney, the President and Chief Operating Officer of the
Company and the Bank, the Treasurer of the Company and the Chief Financial
Officer of the Bank, and Jeffrey N. Male, the Vice President and Secretary of
the Company and the Executive Vice President of the Bank. In connection with the
Company's termination of the merger agreement with United Community Financial
Corp. ("United Community") effective April 1, 2008, the Amendments rescind a
non-competition covenant in favor of United Community. The Amendments will be
filed as exhibits to the Company's Quarterly Report on Form 10-Q for the quarter
ended March 31, 2008.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Not applicable.
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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 hereunto duly authorized.
PVF CAPITAL CORP.
By: /s/ C. Keith Swaney
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C. Keith Swaney
President, Chief Operating Officer and
Treasurer
(Duly Authorized Representative)
Dated: May 8, 2008