NEWS RELEASE
FOR IMMEDIATE RELEASE CONTACT: Carol Porter
440-248-7171
PARK VIEW FEDERAL APPOINTS THREE NEW EXECUTIVES
SOLON -- NOVEMBER 12, 2009 -- Park View Federal Savings Bank announces the
appointments of James Nicholson to Chief Financial Officer, Lonnie Shiffert to
Executive Vice President of Lending, and Jane Grebenc to Executive Vice
President of Retail Banking.
"I am delighted to announce the addition of these high quality professionals,"
said Robert J. King, Jr., Park View's President and Chief Executive Officer.
"Jim, Jane and Lonnie add significant strength to our management team and will
position Park View to deal with our current challenges as well as future growth
opportunities. Their arrival bodes well for the future of Park View."
Mr. Nicholson brings over 25 years of experience to Park View Federal and a
unique combination of knowledge in both the financial and operational areas of
banking. Most recently, he served as Regional Chief Operating Officer of the
Akron/Canton Region for Huntington Bank. Prior to Huntington, Nicholson held the
role of Executive Vice President and Chief Operating Officer of Unizan Financial
Corp., and President/CEO and Chief Financial Officer of Unizan Bank, N.A. He
held this position for four years until Unizan's acquisition by Huntington Bank
in 2006. He then served as Regional President, Chief Operating Officer and
Executive Vice President of the Eastern Ohio Region of Huntington Bank where he
was responsible for general management of the region's 32 offices along with the
integration of Unizan and Huntington.
Mr. Shiffert joins Park View Federal with over 25 years of commercial real
estate and mortgage banking experience, including more than 20 years in an
executive lending role, having served as Senior Vice President of Commercial
Real Estate at Sky Bank, Fifth Third Bank and Provident Bank. He also had
experience with Bank One where he held the position of Vice President of
Commercial Real Estate. He most recently served as Senior Vice President and
Manager of Commercial Real Estate at Citizens Bank.
Ms. Grebenc comes to Park View Federal with over 25 years of banking experience,
most recently serving as Executive Vice President of KeyCorp's Wealth Segment.
Prior to Key, Ms. Grebenc had a long career with National City, holding
leadership positions in Retail Banking, Marketing, Loan Operations, and Private
Client Group. In her new role at Park View Federal, Ms. Grebenc will oversee the
bank's branch network and its consumer products and services. She will be
responsible for researching and developing new market opportunities along with
in-branch retail operations.
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Mr. Nicholson holds a bachelor's degree in Accounting from Muskingum University
and a CPA certificate in the State of Ohio. He serves his community as a member
of the Fund Development and Planned Giving Committees for Mercy Medical Center
and the Young Leaders Society for United Way of Stark County. He is the
Investment Committee Chair and a member of the Finance and Endowment Committees
for North Canton Faith United Methodist Church.
Mr. Shiffert holds a bachelor's degree in Business Administration from the
University of Toledo. He is a member of the National Association of
Industrial/Office Providers (NAIOP) and the Home Builders Association of NE
Ohio. He also serves as the Director of the Finance Committee at Strongsville
United Methodist Church and is a member of the Strongsville Rotary Club.
Ms. Grebenc received a bachelor's degree from John Carroll University and an MBA
from Case Western Reserve University. She is a long-time Cleveland resident and
is actively involved in the community serving on the Board of Trustees for
several nonprofit organizations including the American Red Cross, The Cleveland
Sight Center, The Gathering Place and the Holden Arboretum.
Park View Federal is a wholly-owned subsidiary of PVF Capital Corp. and operates
17 full-service offices located throughout the Greater Cleveland area. For
additional information, visit our web site at www.myparkview.com.
This press release contains statements that are forward-looking, as that term is
defined by the Private Securities Litigation Act of 1995 or the Securities and
Exchange Commission in its rules, regulations and releases. The Company intends
that such forward-looking statements be subject to the safe harbors created
thereby. All forward-looking statements are based on current expectation
regarding important risk factors including, but not limited to, real estate
values and the impact of interest rates on financing. Accordingly, actual
results may differ from those expressed in the forward-looking statements, and
the making of such statements should not be regarded as a representation by the
Company or any other person that results expressed therein will be achieved.
PVF Capital Corp.'s common stock trades on the NASDAQ Capital Market under the
symbol PVFC.
Contact Carol Porter, Marketing Director, Park View Federal Savings Bank, 30000
Aurora Road, Solon, Ohio 44139. Ph: 440-248-7171. Fax: 440-914-3658.