First Federal Community Bank & FFD Financial Corporation Announce Completion of Charter Conversion

FFD FINANCIAL CORPORATION (Nasdaq:FFDF) and its subsidiary FIRST FEDERAL COMMUNITY BANK announced that they have completed previously announced organizational changes. On February 24, 2012, First Federal Community Bank converted its charter from a federal savings bank to a national bank, and is now First Federal Community Bank, National Association. In connection with First Federal's conversion, FFD Financial converted from a savings and loan holding company to a bank holding company. First Federal continues to be regulated by the Office of the Comptroller of the Currency and FFD Financial continues to be regulated by the Federal Reserve. 

As had been disclosed in FFD Financial's filings with the Securities and Exchange Commission, the various required applications were submitted in 2011. Final required approvals were received in early 2012. These changes were made to better align with First Federal's ongoing business strategy. 

FFD Financial Corporation is traded on the NASDAQ Capital Market under the symbol FFDF. First Federal Community Bank has full service offices in downtown Dover, downtown New Philadelphia, on the Boulevard in Dover, in Sugarcreek, and in Berlin. The Corporation maintains an interactive web site at www.onlinefirstfed.com .

CONTACT: Trent B. Troyer, President & CEO
         330-364-7777 or [e-mail]