WORTHINGTON, Ohio, June 26, 2017 /PRNewswire/ -- Central
Federal Corporation (NASDAQ: CFBK) (the "Company") and its
wholly-owned banking subsidiary, CFBank, N.A. are pleased to
announce that Paul Souleyrette has
been named Market President for the Cincinnati Market. Paul will be
based at our new Village of
Glendale office. He and his family reside in the
Cincinnati suburb of Wyoming.
Paul will be responsible for building a Business Banking team
along with growing and expanding our presence with Commercial
clients in the greater Cincinnati
and Southwest Ohio market. CFBank
specializes in working with closely-held businesses and
entrepreneurial companies. Paul brings significant depth of
Business and Commercial Banking experience to our CFBank Team.
CFBank currently has high profile commercial clients in the
Cincinnati area along with a base
of investors and shareholders there. Cincinnati is also the hometown of our Board
Chairman, Robert E. Hoeweler, a
local entrepreneur and business owner. Timothy T. O'Dell our President and CEO, earlier
in his career was previously a business banker residing in
Cincinnati for nearly 10
years.
Tim O'Dell (President & CEO)
remarked, "Cincinnati is a great
city and an outstanding business marketplace. Thru this expansion,
I am enthused to be returning to my banking roots and we're looking
forward to working to support the growth of Cincinnati businesses and business owners. We
believe that we will distinguish ourselves by being much more user
friendly, as well as by successfully building business
relationships based upon offering direct access to and involvement
of decision makers."
As a National Commercial Bank, based in Ohio, CFBank, is a boutique business bank,
offering the full complement of Commercial Banking Products and
services, including Equipment Finance and Leasing, Commercial Lines
of Credit and Term loans, Commercial Real Estate loans including
Construction and development along with Owner Occupied CRE loans.
In addition, CFBank provides Depository and Cash Management
Products. CFBank is a Residential Mortgage lender qualified to make
home mortgage loans in all 50 states. CFBank delivers its consumer
products and services to individuals with a high touch Private
Banking approach and feel.
Our Cincinnati expansion
represents our 4th major Ohio metro market presence and 6th
Ohio location
About Central Federal Corporation and CFBank
Central Federal Corporation is the holding company for CFBank,
N.A. a federally chartered financial institution formed in
Ohio in 1892. With the expected
opening of our Cincinnati location
in July, CFBank will have a presence in four major Metro
Ohio markets – Columbus,
Cleveland, Cincinnati and Akron markets – as well as its two locations
in Columbiana County, Ohio.
CFBank provides personalized Business Banking products and services
including Commercial loans and leases, Commercial and Residential
Real Estate loans and Treasury Management Depository
services. Our products and services are particularly focused
on serving the banking and financing needs of closely held
businesses, and our business model emphasizes Personalized Service,
Customer access to decision makers, quick execution, and the
convenience of Online Internet banking, Mobile Banking, Remote
Deposit and Corporate Treasury management.
Additional information about the Company and CFBank is available
at www.CFBankOnline.com
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SOURCE Central Federal Corporation