Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
UCFC > SEC Filings for UCFC > Form 8-K on 3-Apr-2009All Recent SEC Filings

Show all filings for UNITED COMMUNITY FINANCIAL CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for UNITED COMMUNITY FINANCIAL CORP


3-Apr-2009

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On March 30, 2009, The Home Savings and Loan Company of Youngstown, Ohio, a wholly-owned subsidiary of United Community Financial Corp., promoted Patrick W. Bevack to President and Chief Executive Officer. Douglas M. McKay, who previously held the position as Chairman of the Board and Chief Executive Officer of Home Savings, will remain Chairman of the Board of Home Savings and Chairman of the Board and Chief Executive Officer of UCFC. Home Savings has no plans at this time to fill the position of Chief Operating Officer.
Mr. Bevack, 62 years old, has over 30 years of experience in the financial services industry. Mr. Bevack most recently served as the President and Chief Operating Officer of Home Savings. Since joining the Company in 2000, he also held the positions of Executive Vice President, Chief Financial Officer and Senior Vice President of Mortgage Lending. Mr. Bevack will continue to serve as a Board Member for Home Savings.
Home Savings also hired Gregory G. Krontiris as Senior Vice President and Chief Lending Officer.
On March 31, 2008, the Company successfully completed the sale of Butler Wick Trust Company to Farmers National Banc Corp., after meeting all customary closing conditions. The transaction was previously announced January 8, 2009, and involved a purchase price of $12,125,000 in cash, subject to post-closing adjustments.
A copy of the press release announcing the promotion of Mr. Bevack and the hiring of Mr. Krontiris is attached hereto as Exhibit 99.1 and incorporated herein by reference and a copy of the press release announcing the closing of the transaction is attached hereto as Exhibit 99.2 and incorporated herein by reference.




Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

                           Exhibit Number Description



   10.1         Employment Agreement between The Home Savings and Loan Company of
                Youngstown, Ohio and Patrick W. Bevack dated December 31, 2004, which
                is incorporated by reference to the 2004 10-K/A filed by UCFC on
                May 2, 2005 via Edgar, film number 04666159 (2004 10K/A), Exhibit 10.3



   10.2         Amendment to Employment Agreement between The Home Savings and Loan
                Company of Youngstown, Ohio and Patrick W. Bevack dated January 1,
                2009, which is incorporated by reference to the 2008 10-K filed by
                UCFC on March 17, 2009 via Edgar, film number 09705589 (2008 10K),
                Exhibit 10.6

99.1 Press release dated April 2, 2009

99.2 Press release dated March 31, 2009


  Add UCFC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for UCFC - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.