FFD Financial Corporation
                       321 N. Wooster Ave., Dover OH 44622
                                  330-364-7777

September 16, 2005



Dear Fellow Shareholder:

I am writing to inform you that on September 15th, our Board of Directors
decided to terminate the proposed 1-for-350 reverse stock split and subsequent
350-for-1 forward stock split and withdraw them from the agenda of the Special
Meeting of Shareholders of FFD held on September 20, 2005. We first announced on
May 24, 2005, that we would seek shareholder approval of the stock splits, which
would result in a "going private transaction." The purpose of the stock splits
was to reduce the number of FFD's shareholders to below 300 so we could
terminate the registration of our common shares with the Securities and Exchange
Commission and eliminate the costs and burdens of being a public company
including the cost of complying with the Sarbanes-Oxley Act of 2002 and other
federal securities laws applicable to public reporting companies.

The announcement of the going private transaction resulted in large numbers of
individuals purchasing lots of FFD shares in quantities less than 350 shares
with the express purpose of receiving the $19.00 redemption price. The dramatic
increase in the number of shareholders holding less than 350 shares who would
have been cashed out in the going private transaction substantially increased
the projected cost of the repurchase from an estimated $1.5 million to an
estimated $4.5 million. Due to the substantially increased cost, the Board
decided to withdraw the going private transaction from the agenda of the Special
Meeting. The Board concluded that the expenditure of approximately $4.5 million
to complete the going private transaction would not be prudent. As set forth in
the proxy statement for the special meeting of shareholders, FFD reserved the
right to abandon the stock splits if the costs of implementing the splits
substantially increased or the Board determined that the splits were otherwise
no longer in the best interests of FFD and its shareholders. In the Board's
determination, the increased cost to complete the going private transaction and
its impact on the Company's financial condition were not in the best interests
of the Company or its shareholders.

We appreciate your understanding of the decision of our Board to abandon the
Stock Splits and we thank you for your continued support of our company.

Sincerely,

/s/ Trent B. Troyer

Trent B. Troyer, President and Chief Executive Officer