The struggling Park View Federal Savings Bank of Solon, Ohio, must boost its capital levels by yearend, and it has a new chief executive officer on board to help.

PVF Capital Corp. said in a Securities and Exchange Commission filing Thursday that the Office of Thrift Supervision told its $921 million-asset thrift unit to increase its core capital ratio to 8% and its total risk-based capital ratio to 12%, levels higher than the typical minimums required to be well capitalized.

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