8-K

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): December 7, 2007

CAMCO FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

DELAWARE	0-25196	51-0110823
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer I.D. No.)

6901 Glenn Highway, Cambridge, Ohio 43725

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:      (740) 435-2020     

Not Applicable

(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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 — Corporate Governance and Management

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

     On December 7, 2007, the Board of Directors of Camco Financial Corporation (“Camco”) increased the number of members of the Board from ten to eleven and appointed Andrew S. Dix, the nephew of Robert C. Dix, to fill the newly created vacancy. Mr. Andrew Dix will be appointed to the Audit and Risk Management Committee. A press release regarding the election of Mr. Andrew Dix is attached as Exhibit 99.1.

     On December 7, 2007, the Board of Directors of Camco also accepted the resignation of Robert C. Dix as a director, effective on December 8, 2007. Coinciding with the retirement of Mr. Robert Dix, the Board of Directors reduced the number of members of the Board from eleven to ten, eliminating the vacancy created by Mr. Robert Dix’s retirement.

Section 8 — Other Events

Item 8.01. Other Events.

     On December 7, 2007, Camco issued a news release announcing a dividend on its common stock. The press release is attached as Exhibit 99.2.

Section 9 — Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(a)	Financial statements of businesses acquired.
	Not applicable.
(b)	Pro forma financial information.
	Not applicable.
(c)	Shell company transactions.
	Not applicable.
(d)	Exhibits.

Exhibit No.		Description
	99.1	Press Release of Camco regarding election of director
	99.2	Press Release of Camco regarding dividend

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 thereunto duly authorized.

CAMCO FINANCIAL CORPORATION
By:	/s/ Eric S. Nadeau
	Eric S. Nadeau
	Chief Financial Officer

Date: December 7, 2007

EX-99.1

EXHIBIT 99.1

DIX NAMED TO CAMCO FINANCIAL AND ADVANTAGE BANK
BOARD OF DIRECTORS

     Cambridge, Ohio — [NASDAQ symbol: “CAFI”] Camco Financial Corporation, parent company of Advantage Bank, has announced the appointment of Andrew S. Dix to the Board of Directors of Camco Financial Corporation and Advantage Bank. Richard C. Baylor, Chairman, CEO and President of Camco and Advantage Bank made the announcement.

     Dix is the publisher of The Daily & Sunday Jeffersonian. Prior to joining The Daily & Sunday Jeffersonian in 2006, he was the Advertising Director for The Alliance Review from 1998 to 2006.

     Dix earned a Bachelor of Arts from Wittenberg University in 1996. Active in community affairs, Dix is on the board of both the Guernsey County Community Foundation and the Cambridge Chamber of Commerce and is a member of the Cambridge Rotary Club. Dix previously served on the boards for the Alliance, Ohio Rotary Club and Stark County Park District as well as a member of the Greater Alliance Chamber of Commerce and Alliance Area United Way. He resides in New Concord, Ohio with his wife and their daughter.

     Camco Financial Corporation, holding company of Advantage Bank, is a multi-state financial services holding company headquartered in Cambridge, Ohio. Advantage Bank and its affiliates offer relationship banking that includes commercial, business and consumer financial services, internet banking and title insurance services in Ohio, Kentucky and West Virginia.

Additional information about Camco Financial Corporation may be found on Camco’s web site: www.advantagebank.com.

EX-99.2

EXHIBIT 99.2

Camco Financial Announces Quarterly Cash Dividend

Cambridge, Ohio — Camco Financial Corporation (Nasdaq: CAFI) today announced a quarterly cash dividend of $0.15 cents per share. The dividend was declared December 7, 2007, for shareholders of record on January 8, 2008, and is payable on January 18, 2008.

Camco Financial Corporation, holding company of Advantage Bank, is a multi-state financial services holding company headquartered in Cambridge, Ohio. Advantage Bank and its affiliates offer community banking that includes commercial, business and consumer financial services, internet banking and title insurance services for communities in Ohio, Kentucky and West Virginia.

Additional information about Camco may be found on Camco’s web site:

www.camcofinancial.com