CHANGES ORDERED

CHANGES ORDERED

At Home Savings

Regulators ordered these changes to operations at Home Savings and Loan and its holding company, United Community Financial Corp.:

Stop incurring additional debt or increasing debt.

Submit a debt reduction plan within 45 days, which must include realistic plans to reduce debt in a timely manner. The bank must implement the debt reduction plan immediately upon approval.

Refrain from repurchasing any of its own stock.

Stop paying dividends.

Changes to its board or management:

The company must notify the Office of Thrift Supervision of the proposed addition of any member to its board of directors, the hiring of any individual as a senior executive officer, or the change in the responsibilities of any senior executive officer at least 30 days before it is effective.

“Golden parachute payments”

The company has been restricted from making some payments of this type. These payments are contractual agreements, usually between companies and upper level executives, that provide compensation when their employment is terminated.