COLUMBUS, Ohio, July 27, 2020 /PRNewswire/ -- Central Federal
Corporation (NASDAQ: CFBK) (the "Company"), the parent of CFBank,
today announced that it has changed its corporate name and will now
be known as CF Bankshares Inc. The Company's NASDAQ ticker
symbol CFBK will remain the same. The Company made the
decision to change its name in order to strengthen the association
and alignment with its subsidiary bank, CFBank. The Company
believes that the new name will improve name and brand recognition
and better align with the Company's and CFBank's current values:
teamwork, integrity, hustle, efficiency, and growth. CFBank is a
boutique Commercial bank in Ohio
that prioritizes its clients' needs and offers premier concierge
banking services in order to assist its clients in surpassing their
financial goals.
About CF Bankshares Inc. and CFBank
CF Bankshares Inc., formerly known as Central Federal
Corporation, is a financial holding company that owns 100% of the
stock of CFBank, National Association (CFBank). CFBank is a
boutique Commercial bank headquartered in Columbus, Ohio. CFBank has focused on
bettering the Ohio economy and
serving the financial needs of closely held businesses since 1892.
Over a century has passed, and yet, our focus remains the same:
guide fellow Ohioans to financial stability and success with
agility, ease, and care. CFBank grew from a Federal Savings
Association to a National Bank in December of 2016. As CFBank has
expanded, we've maintained our penchant for individualized service
and direct customer access to decision makers. CFBank now has
locations in four major metro Ohio
markets - Columbus, Cleveland, Cincinnati, and Akron, as well as branch locations in
Columbiana Country (two locations). In every location, CFBank
provides commercial loans and leases, commercial and residential
real estate loans and treasury management depository services,
corporate treasury management, residential lending, and full
service retail banking services and products. In addition, CFBank
also has a national residential lending platform. CFBank is
also glad to offer its clients the convenience of online internet
banking, mobile banking, and remote deposit.
Additional information about the Company and CFBank is available
at www.CFBankOnline.com
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SOURCE CF Bankshares Inc.