Welcome to our dedicated page for CF Bankshares news (Ticker: CFBK), a resource for investors and traders seeking the latest updates and insights on CF Bankshares stock.
CF Bankshares Inc. reports news centered on its role as the holding company for CFBank, National Association, a nationally chartered boutique commercial bank serving markets that include Columbus, Cleveland, Cincinnati and Akron, Ohio, and Indianapolis, Indiana. Company updates describe commercial loans and equipment leases, commercial and residential real estate lending, treasury management deposits, residential mortgage lending, and full-service commercial and retail banking.
Recurring announcements cover quarterly and annual earnings, net interest margin, loan growth, deposit funding, credit quality, provision expense, noninterest income, and capital ratios at CFBank. Other releases address common and Series D preferred stock dividends, stock repurchase authorization activity, and additions to commercial and regional banking teams.
Central Federal Corporation (NASDAQ: CFBK) announced the resignation of John W. Helmsdoerfer, CEO and CFO, effective July 8, 2020, for personal reasons. He will assist with the transition. President Timothy O'Dell will temporarily take on financial responsibilities. The Board will conduct a search for a new CFO. The company confirmed no disagreements or operational issues related to Helmsdoerfer's departure. Established in 1892, CFBK specializes in personalized banking services, operating across major Ohio cities.