PVF Capital Corp. operates as the holding company for Park View Federal Savings Bank, which primarily engages in attracting deposits and originating loans in Ohio. Its deposit products include checking accounts, money market accounts, regular savings accounts, and certificates of deposit. The bank originates various loans, including loans secured by first mortgages on real estate, loans for construction of residential real estate, commercial real estate loans, multifamily residential property loans, and land loans. It also originates loans secured by second mortgages, including home equity lines of credit; and loans secured by savings deposits. The bank primarily invests in various liquid assets, including United States government and United States government sponsored enterprise securities, time deposits at the FHLB of Cincinnati, certificates of deposit or bankers' acceptances at other federally insured depository institutions, and mortgage-backed securities. As of June 30, 2005, the bank operated 17 offices located in Cuyahoga, Summit, Medina, Lorain, Lake, Portage and Geauga Counties in Ohio. The company, through other subsidiaries, engages in the activities of land acquisition and real estate investment. The company was founded in 1920 and is based in Solon, Ohio.
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