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):  March 26, 2010

PVF Capital Corp.

(Exact Name of Registrant as Specified in Charter)

Ohio	0-24948	34-1659805
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

30000 Aurora Road, Solon, Ohio 44139

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code:  (440) 248-7171

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:

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

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

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

[   ]       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 March 29, 2010, PVF Capital Corp. (the “Company”) announced that on March 26, 2010  it completed its rights offering and its offering of shares to a standby investor.  Stockholders exercised subscription rights to purchase all 14,706,247 shares offered at a subscription price of $1.75 per share, and Short Vincent Partners II, L.P., an affiliate of CapitalWorks LLC, a Cleveland-based investment company, purchased 2,436,610 shares at the subscription price of $1.75 per share.  In total, the Company raised gross proceeds of $30.0 million.  For more information, see the Company’s press release, dated March 29, 2010, a copy of which is attached to this report as Exhibit 99.1 and incorporated herein by reference.

Item 9.01.                      Financial Statements and Exhibits

            (a)   Not applicable.

            (b)   Not applicable.

            (c)   Not applicable.

            (d)   The following exhibit is filed herewith:

   Exhibit 99.1                  Press release dated March 29, 2010

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.

	PVF CAPITAL CORP.
Date:  April 1, 2010	By:	/s/ Robert J. King, Jr.
		President and Chief Executive Officer
		(Duly Authorized Representative)

EX-99.1

FOR IMMEDIATE RELEASE

PVF CAPITAL CORP. SUCCESSFULLY COMPLETES OFFERING

SOLON, OH – March 29, 2010 – PVF Capital Corp. (Nasdaq: PVFC) announced today that it has completed its rights offering and its offering of shares to a standby investor.  Stockholders exercised subscription rights to purchase all 14,706,247 shares offered at a subscription price of $1.75 per share, and Short Vincent Partners II, L.P., an affiliate of CapitalWorks LLC, a Cleveland-based investment company, purchased 2,436,610 shares at the subscription price of $1.75 per share.  In total, the Company raised gross proceeds of $30.0 million before expenses.  The proceeds from the rights offering and standby purchase will be used to invest in the Company’s subsidiary, Park View Federal Savings Bank, to improve its regulatory capital ratios and for general corporate purposes.

The rights offering was sole managed by Stifel Nicolaus & Company, Incorporated.  A copy of the prospectus may be obtained from Stifel Nicolaus at One South Street, Baltimore, Maryland 21202 or (443) 224-1988.

PVF Capital Corp. is the holding company for Park View Federal Savings Bank, headquartered in Solon, Ohio, serving the Greater Cleveland area with 17 full-service branch offices.

This press release contains statements that are forward-looking, as that term is defined by the Private Securities Litigation Act of 1995 or the Securities and Exchange Commission in its rules, regulations and releases.  The Company intends that such forward-looking statements be subject to the safe harbors created thereby.  All forward-looking statements are based on current expectation regarding important risk factors including, but not limited to, real estate values, the impact of interest rates on financing and the risk factors set forth in Item 1A of the Company’s Annual Report on Form 10-K for the year ended June 30, 2009 and Forms 10-Q for the quarters ended September 30, 2009 and December 31, 2009.  Accordingly, actual results may differ from those expressed in the forward-looking statements, an d the making of such statements should not be regarded as a representation by the Company or any other person that results expressed therein will be achieved.