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): November 30, 2009

UNITED COMMUNITY FINANCIAL CORP.
(Exact name of registrant as specified in its charter)

OHIO	0-024399	34-1856319
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

275 West Federal Street, Youngstown, Ohio	44503-1203
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (330) 742-0500

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:

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))

Item 8.01. Other Events.

On November 30, 2009, The Home Savings and Loan Company of Youngstown, Ohio, a wholly-owned subsidiary of United Community Financial Corp., entered into an agreement with The Union Bank Company, a wholly-owned subsidiary of United Bancshares, Inc. for the sale of Home Savings’ Findlay, Ohio branch. In the transaction, Union Bank will assume all of the deposit liabilities and buy the related fixed assets of the branch. In addition, Union Bank will acquire approximately $2.0 million in loans associated with the branch.

A copy of the press release announcing the agreement is attached hereto as Exhibit 99 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99	Press release dated November 30, 2009

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.

UNITED COMMUNITY FINANCIAL CORP.

By:	/s/ Jude J. Nohra
	Jude J. Nohra, General Counsel & Secretary

Date: December 3, 2009

EX-99

Exhibit 99

Press Release:

For Immediate Release

Investor Contact:	Media Contact:
James R. Reske Chief Financial Officer United Community Financial Corp. jreske@ucfconline.com	Sue Stricklin Vice President, Marketing Home Savings sstricklin@homesavings.com
330.742.0592	330.742.0638
Brian D. Young EVP & Chief Financial Officer United Bancshares, Inc. byoung@theubank.com	Heather Oatman Secretary United Bancshares, Inc. hoatman@theubank.com
419.659.2141	419.659.2141

United Community Financial Corp. and United Bancshares, Inc.
Announce Agreement for Sale of Findlay, Ohio Branch
of The Home Savings and Loan Company to The Union Bank Company

YOUNGSTOWN and COLUMBUS GROVE, Ohio (November 30, 2009) – United Community Financial Corp. (NASDAQ: UCFC), holding company of The Home Savings and Loan Company, and United Bancshares, Inc. (NASDAQ: UBOH), holding company of The Union Bank Company, announce today that Home Savings has entered into an agreement to sell the Findlay, Ohio branch of Home Savings to The Union Bank Company. Union Bank, headquartered in Columbus Grove, Ohio, will acquire the branch, located at 1500 Bright Road in Findlay. In the transaction, Union Bank will assume all of the deposit liabilities and buy the related fixed assets of the branch. In addition, Union Bank will acquire approximately $2.0 million in loans associated with the branch. Union Bank anticipates retaining the majority of the Home Savings employees in Findlay.

Patrick W. Bevack, President and CEO of Home Savings, commented, “The divestiture of our Findlay branch represents an opportunity for us to exit a non-core market and record an after-tax gain that will positively impact our equity and our book value per share. In the current economic environment, we will continue to be opportunistic about strengthening our capital position and sharpening our focus on our core business. At the same time, we are pleased that our loyal customers and employees in Findlay will be able to seamlessly establish relationships with Union Bank, an institution that is just as committed to the communities it serves as Home Savings.”

Daniel Schutt, CEO of United Bancshares, said, “We are excited about entering the attractive Findlay market. Union Bank remains well-capitalized, which has enabled us to seize upon opportunities such as this one despite a troubled economy.”

The transaction has been approved by the Board of Directors of both companies.  No shareholder approvals are required.  The transaction is subject to customary conditions, including regulatory approvals, and is expected to close in the first quarter of 2010.

United Community Financial Corp. is being advised on the transaction by Stifel, Nicolaus & Company, Incorporated and by Squire, Sanders & Dempsey LLP. United Bancshares is being advised on the transaction by Keefe, Bruyette and Woods, Inc., and Dinsmore & Shohl LLP.

As a wholly-owned subsidiary of United Community Financial Corp., Home Savings operates 39 full-service banking offices and six loan production offices located throughout Ohio and western Pennsylvania. Additional information on UCFC and Home Savings may be found at www.ucfconline.com.

As a wholly-owned subsidiary of United Bancshares, Inc., The Union Bank Company serves Allen, Putnam, Sandusky, Van Wert and Wood Counties in Ohio, with office locations in Bowling Green, Columbus Grove, Delphos, Gibsonburg, Kalida, Leipsic, Lima, Ottawa and Pemberville, Ohio.

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