FFD Financial : First Federal Community Bank Announces Branch Purchase in Holmes County

Date: January 20, 2017

FOR IMMEDIATE RELEASE:

CONTACT:

Trent B. Troyer, President & CEO Greg W. Dorris, Vice President & Chief Financial Officer 330-364-7777 or [e-mail] 330-364-7777 or [e-mail]

Scott C. Finnell, Executive Vice President Matthew Miller, Vice President

330-602-9999 or [e-mail] 330-893-2221 or [e-mail]

First Federal Community Bank Announces the purchase of branch in Holmes County, Ohio

DOVER, OHIO - FFD FINANCIAL CORPORATION (OTC: FFDF). FFD, parent company of First Federal Community Bank, National Association, , today announced that First Federal has agreed to purchase from CNB Bank (NASDAQ: CCNE) approximately $6.5 million of deposits, $7.5 million in loans and its bank branch located in Mt. Hope, Ohio.

Joseph B. Bower, Jr., President and CEO of CNB Bank stated, "While it was a difficult decision to transition from the Mt. Hope area, the logistics of having one remote location so far from the rest of our market area made it clear we had to do something. Finding First Federal to take over will be very good for the community. They are dedicated to Holmes County and will really aid in the development of Mt. Hope."

"We are very excited about this opportunity to expand our Holmes county presence" said Trent Troyer, President

& CEO of First Federal. "We have been well-received in the Berlin and Mt. Hope area since opening our Berlin office in August 2009, and believe this addition to our bank will significantly improve our ability to service our existing and new customers. Our experience with individuals and businesses in this area has been tremendous, and we are appreciative of the customers that have chosen to bank with us. They have demonstrated strong work ethic and character traits as well as excellent business and entrepreneurial skills. We welcome the customers of the Mt. Hope office into the First Federal family."

Consummation of the branch sale is subject to a number of closing conditions, including, but not limited to, the receipt of all required regulatory approvals, and is expected to be completed on or before May 31, 2017.

FFD Financial Corporation is traded on the Over the Counter Markets under the symbol FFDF. First Federal Community Bank has full service offices in downtown Dover, downtown New Philadelphia, on the Boulevard in Dover, in Sugarcreek and in Berlin. First Federal earned a Bauer Financial 5-Star Superior rating, denoting the highest level of strength, safety, and performance. FFD maintains an interactive web site at www.firstfed.com.