May 7, 2008

Steven R. Lewis, President & CEO

Camco Financial

Corporation

Acquisition of

“Statewide Strategic Expansion”

Exhibit 99.1

Forward-looking Statements

When

used

in

this

presentation,

or

future

presentations

or

other

public

or

shareholder

communications,

in

filings

by

First

Place

Financial

Corp.

(the

Company)

with

the

Securities

and

Exchange

Commission,

or

in

oral

statements

made

with

the

approval

of

an

authorized

executive

officer,

the

words

or

phrases

“will

likely

result,”

“are

expected

to,”

“will

continue,”

“is

anticipated,”

“estimate,”

“project”

or

similar

expressions

are

intended

to

identify

“forward-looking

statements”

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act

of

1995.

Such

forward-looking

statements

involve

known

and

unknown

risks,

uncertainties

and

other

factors,

which

may

cause

the

Company’s

actual

results

to

be

materially

different

from

those

indicated.

Such

statements

are

subject

to

certain

risks

and

uncertainties

including

changes

in

economic

conditions

in

the

market

are

as

the

Company

conducts

business,

which

could

materially

impact

credit

quality

trends,

changes

in

laws,

regulations

or

policies

of

regulatory

agencies,

fluctuations

in

interest

rates,

demand

for

loans

in

the

market

are

as

the

Company

conducts

business,

and

competition,

that

could

cause

actual

results

to

differ

materially

from

historical

earnings

and

those

presently

anticipated

or

projected.

The

Company

wishes

to

caution

readers

not

to

place

undue

reliance

on

any

such forward-

looking

statements,

which

speak

only

as

of

the

date

made.

The

Company

undertakes

no

obligation

to

publicly

release

the

result

of

any

revisions

that

may

be

made

to

any

forward-looking

statements

to

reflect

events

or

circumstances

after

the

date

of

such

statements

or

to

reflect

the

occurrence

of

anticipated

or

unanticipated

events.

2

Statewide Strategic Expansion

•

Creates statewide competitor

•

Accelerates growth initiatives in Columbus, Cincinnati and Dayton

•

Geographically diversifies balance sheet

•

Complements existing Loan Production Office (“LPO”) network

•

Low pro-forma cost structure to support $1 billion asset base

•

Deal does not rely on balance sheet growth to generate high

investment returns

•

Thorough due diligence on asset quality

•

Low transaction pricing ratios

•

Low execution risk

3

Transaction Summary

(1) Based on FPFC stock price of $14.00 per share

December 2008

Expected Closing

Complete

Due Diligence

Rick Baylor, President & CEO of CAFI, will be named Regional President of

newly created Southern Ohio Region

Management

FPFC will add two CAFI directors

Holding Company Board

$3.8 million (3.9% of stated deal value)

Break-Up Fee

$13.58 per share

Fixed Cash Price

$11.20 and $16.80

Collars

0.97 FPFC shares for each CAFI share

Fixed Exchange Ratio

73.5% stock/26.5% cash, subject to election and proration

Fixed Consideration Mix

$13.58 per share

Implied Value Per Share

(1)

$97.2 million

Transaction Value

(1)

4

All bank deals announced since October 1, 2007, involving banks with assets

between $500 million and $3 billion

(1) Based on 12/31/07 financial results

(2) Excludes CDs greater than $100,000

6 Guideline Transactions

0.28%

0.49%

1.14%

2.99%

NPA’s/Assets of Seller

21.7%

17.5%

15.6%

2.7%

Core Deposit Premium

273%

251%

216%

119%

Price/Tangible Book Value

24.4x

21.1x

18.6x

21.6x

Price/LTM EPS

75

Percentile

Median

25

Percentile

FPFC/

CAFI

(1)

Transaction Pricing Multiples

5

th

th

(2)

All bank deals announced since January 1, 2008

(1) 20 of 27 transactions involved banks under $200 million in assets

(2) Based on 12/31/07 financial results

(3) Excludes CDs greater than $100,000

27 Guideline Transactions

0.05%

0.43%

1.64%

2.99%

NPA’s/Assets of Seller

17.2%

12.5%

7.3%

2.7%

Core Deposit Premium

230%

196%

150%

119%

Price/Tangible Book Value

25.4x

20.6x

17.8x

21.6x

Price/LTM EPS

75

Percentile

Median

25

Percentile

FPFC/

CAFI

(2)

Transaction Pricing Multiples

6

th

th

(1)

(3)

Camco Financial Corporation

•

Headquartered in Cambridge, Ohio

•

Assets of $1.0 billion

•

23 branches in Ohio, Kentucky and West Virginia

•

Greater Cincinnati –

9 offices

•

Greater Columbus –

5 offices

•

I-77

Corridor

(New

Philadelphia/Cambridge/Marietta)

–

9

offices

•

5 acquisitions and 1 divestiture since 1996

•

Business lines –

commercial banking, mortgage banking and Camco

Title Agency

7

Transaction Rationale

•

CAFI management involvement

•

Both companies have extensive track record in integrating acquisitions

•

Thorough due diligence

Low Execution Risk

•

Identified cost savings

•

Immediately accretive to GAAP EPS

•

Low transaction pricing multiples

Compelling Economics

•

Similar community banking philosophy and culture

•

Opportunity to leverage FPFC wealth management, insurance, brokerage

and private banking platforms

•

Expanded commercial lending and treasury management product

offerings

Strategic Fit

•

Complementary with existing LPO’s and pending OC Financial

acquisition

•

Accelerates growth initiatives in Columbus, Cincinnati and Dayton

•

Geographically diversifies balance sheet

Geographic Fit

8

Asset Quality Due Diligence

9

•

No subprime

lending

•

Reviewed all material delinquent, non-performing and classified

loans

•

Reviewed all OREO properties

•

Reviewed 61% of A&D relationships over $250,000

•

Reviewed all commercial loan relationships in excess of $1 million.

53% of the commercial portfolio reviewed.

•

NPA’s

measured $34.0 million at March 31, 2008, up from $30.5

million at December 31, 2007

10

Evolving Statewide Competitor

Pro Forma Financial Impact

•

Transaction costs estimated at $15.9 million pre-tax and $11.0

million after-tax

•

Cost savings equal to 31% of CAFI cost structure

•

No retail branch closures modeled

•

Cost structure to operate $1 billion CAFI franchise estimated at

less than $20 million annually

•

Cost savings phased in 75% in 2009 and 100% in 2010

•

Incremental revenue enhancement estimated at $500,000 in 2009

and $1.0 million in 2010

•

Baseline projected asset growth of 2.0% annually

11

Compelling Economics

•

Internal Rate of Return of 20.6%

•

Tangible Book Value Payback in 5.1 Years

•

Immediate and significant EPS accretion

•

Maintenance of well-capitalized position

12

Immediately Accretive to EPS

(2)

Pro forma incremental GAAP net income divided by incremental FPFC shares issued in transaction

(1)

Based on  management EPS estimate of $1.25 in calendar 2008 increased by 6% in 2009 and 2010

61.4%

15.0%

FPFC % Accretion

$0.86

$0.20

FPFC $ Accretion

$2.26

$1.53

Incremental GAAP EPS

14.6%

3.8%

FPFC % Accretion

$0.21

$0.05

FPFC $ Accretion

$1.61

$1.38

Pro Forma GAAP EPS

$1.40

$1.33

FPFC Stand Alone

2010

2009

13

(2)

(1)

Pro Forma Capital

11.17%

11.02%

Total Risk-Based

10.10%

10.05%

Tier 1 Risk-Based

7.45%

7.40%

Tier 1 Leverage

First Place Bank

11.16%

11.79%

Total Risk-Based

10.03%

10.74%

Tier 1 Risk-Based

7.75%

8.39%

Tier 1 Leverage

6.12%

6.42%

Tangible Equity/Assets

FPFC Consolidated

Pro Forma

FPFC                 

12/31/07

14