WORTHINGTON, Ohio, Nov. 16, 2020 /PRNewswire/ -- CF Bankshares
Inc. (CFBK) (the "Company") and its wholly-owned banking
subsidiary, CFBank, N.A. ("CFBank") are pleased to announce that
John J. Catalano has joined as
President of CF Bank Equipment Finance.
John will lead the equipment finance and leasing line of
business, reporting directly to the CEO and working closely with
all regional commercial banking teams. John has over 30 years
of industry experience and has operated at a C-level with CBI
Leasing, Inc. (fka The Vaughn Group, Inc.) and Bush Truck Leasing,
Inc. with earlier equipment finance experience at Key Bank.
John also has experience managing and consulting to various
financial service businesses as well as serving 10 years in the US
Army & Army National Guard.
Based in Cincinnati, John will
be charged initially with building a middle-market and small-ticket
equipment finance operation serving the equipment financing needs
of commercial businesses regionally, as well as providing custom
and flexible solutions for the equipment financing needs of
existing customers, along with opening doors for new to us business
customers.
Equipment Financing is a natural extension of our Commercial
Banking services, to which we will bring to the table our familiar
way of doing business, which combines being both highly responsive
plus user-friendly. As a national Commercial Bank, we believe the
Equipment Financing line of business has the potential to become a
national platform, similar to our Mortgage Lending business.
Timothy O'Dell, President &
CEO commented, "We are excited to welcome John Catalano to our CFBank Commercial Team.
John's extensive background and experience with successfully
building and growing Equipment Financing businesses will allow us
to both better serve the Equipment Financing Needs of our CFBank
customers, along with opening the doors for us to begin
relationships with new Commercial and Business customers."
CFBank is an Ohio based
boutique full service Commercial Bank, and national Residential
mortgage lender. CF has a presence in four (4) major Ohio metro markets including Cincinnati, Columbus,
Cleveland and Akron, in addition to operating two
(2) Community Bank locations in Eastern
Ohio.
Additional information on CFBank's successful growth and
expansion story can be accessed by going to our website at
www.CFBankOnline.com. CF Bankshares Inc. is publicly traded. NASDAQ
ticker symbol: CFBK
About CF Bankshares Inc. and CFBank
CF Bankshares Inc.
is the holding company for CFBank, N.A. a national bank formed in
Ohio
in 1892. CFBank has 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.
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SOURCE CF Bankshares Inc.