ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENT OF
CERTAIN OFFICERS

(b) Effective November 25, 2008, C. Keith Swaney resigned as President, Chief Operating Officer and Treasurer of PVF Capital Corp. (the "Company") and Chief Financial Officer of Park View Federal Savings Bank (the "Bank"). Mr. Swaney will continue his service as a member of the Company's and the Bank's Boards of Directors.

(c) Effective November 25, 2008, Edward B. Debevec, Treasurer of the Bank, assumed the duties of principal financial and accounting officer of the Company on an interim basis while a permanent successor to Mr. Swaney's previously held positions is sought. Mr. Debevec, 49, has served with the Bank since 1984 and was named Treasurer in 1989.

(e) On November 25, 2008, the stockholders of the Company approved the PVF Capital Corp. 2008 Equity Incentive Plan (the "Plan"). Employees, officers and directors of the Company or its affiliates are eligible to participate in the Plan. The terms of the Plan were previously disclosed in, and a copy of the Plan was contained as an appendix to, the Company's definitive proxy materials for the Company's 2008 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on October 17, 2008.

3