8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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) JANUARY 21, 2003
                                                         ----------------

                                OHIO LEGACY CORP
                                ----------------
             (Exact name of registrant as specified in its charter)

            OHIO                        000-31673               34-1903890
            ----                        ---------               ----------
(State or other jurisdiction           (Commission             (IRS Employer
      of incorporation)                File Number)         Identification No.)

       305 WEST LIBERTY STREET, WOOSTER, OHIO                       44691
       --------------------------------------                       -----
      (Address of principal executive offices)                    (Zip Code)


        Registrant's telephone number, including area code (330) 263-1955
                                                           --------------

                                       N/A
                                       ---
          (Former name or former address, if changed since last report)







ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.

On January 21, 2003, Ohio Legacy Corp (the "Company") issued a press release
regarding the exercise of the over-allotment option granted to the Company's
underwriter, Friedman Billings Ramsey, related to the offering of 1,000,000
shares of the Company's common stock, without par value. Including the
over-allotment, the Company issued 1,150,000 shares of common stock, without par
value. The Company hereby incorporates by reference the information set forth in
its Press Release dated January 21, 2003, a copy of which is attached hereto as
Exhibit 99.1.

Any statement in the attached press release that is not a statement of
historical fact may be deemed to be a forward-looking statement, which involves
known and unknown risks, uncertainties and other factors which may cause the
Company's actual results, performance or achievements to be materially and
significantly different from any future results, performance or achievements
expressed or implied by such forward-looking statements.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

         (a) Financial Statements.

                  Not applicable.

         (b) Pro Forma Financial Information.

                  Not applicable.

         (c) Exhibits.

                  Exhibit Number       Description
                  --------------       -----------
                  99.1                 Press Release dated January 21, 2003



                                   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.

OHIO LEGACY CORP
- ------------------------------------
(Registrant)


By:      /S/ L. DWIGHT DOUCE
         ---------------------------
         L. Dwight Douce
         President, Chief Executive Officer and Director

Date:    JANUARY 23, 2003

EX-99.1

EXHIBIT 99.1


OHIO LEGACY CORP ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION

Wooster, Ohio - January 21, 2003 -- Ohio Legacy Corp (NASDAQ SmallCap: OLCB)
announced that Friedman Billings Ramsey (NYSE - FBR) has exercised its option to
purchase an additional 150,000 shares of common stock from Ohio Legacy Corp to
cover over-allotments. Including the over-allotment, Ohio Legacy issued
1,150,000 shares at $8.50 per share.

Ohio Legacy Corp expects to use the net proceeds to strengthen the capital
levels of its subsidiary, Ohio Legacy Bank. Dwight Douce, President and CEO of
Ohio Legacy Corp, commented, "We are very pleased that this offering will enable
us to continue our growth, make larger loans and better penetrate our market
areas. We believe that we will be in an even better position to deliver a high
level of service to small and medium-sized business customers and consumers in
our region."

A copy of the prospectus relating to the offering may be obtained from Friedman
Billings Ramsey at 1001 Nineteenth Street North, Arlington, VA 22209.

Ohio Legacy Bank is a subsidiary division of Ohio Legacy Corp, a publicly-owned
corporation headquartered in Wooster, Ohio.

This news release may include forward-looking statements (within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934) which are subject to certain risk factors that could cause
actual results to differ materially. Various risk factors that could affect
future results are listed in the company's filings with the Securities and
Exchange Commission, including the prospectus relating to the offering.