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): July 20, 2007
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OC Financial, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Maryland 000-51209 20-2111183
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
6033 Perimeter Drive, Dublin, Ohio 43017
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (800) 678-6228
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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 (see General Instruction A.2. below):
[ ] 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 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 23, 2007, OC Financial, Inc. (the "Company"), the holding company
for Ohio Central Savings (the "Bank") issued a press release that its Board of
Directors on July 20, 2007, appointed Diane M. Gregg as President and Chief
Executive Officer of both the Company and the Bank. Robert W. Hughes, who served
as the Bank's President and Chief Executive Officer since 1989, has resigned,
effective August 10, 2007, from both the Company and the Bank. He will remain
the Chairman of the Board of both the Company and the Bank. A copy of the press
release is filed as Exhibit 99.1 to this report.
Ms. Gregg, age 40, joined the Bank as Vice President and Chief Operating
Officer in 1989 when the Bank was still a credit union. She was first elected to
the Board of Directors in 2004. There are no transactions between the Company
and Ms. Gregg that are required to be disclosed pursuant to Item 404(a) of SEC
Regulation S-B. The terms of the employment agreement entered into between Ms.
Gregg and the Bank in 2005 remain in effect and unchanged as a result of Ms.
Gregg's promotion.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired: None
(b) Pro Forma Financial Information: None
(c) Shell Company Transactions: None
(d) Exhibits:
Exhibit 99.1: Press Release dated July 23, 2007
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.
OC FINANCIAL, INC.
DATE: July 23, 2007 y: /s/ Danny E. Hosler
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Danny E. Hosler
Vice President and Chief Financial Officer