COLUMBUS, Ohio, April 23,
2024 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ:
CFBK) (the "Company"), the parent of CFBank, NA, on behalf of
Brad Ringwald,
CFBank President, and Tim
O'Dell, CEO, is pleased to announce the recent additions of
the following 3 Key Leaders, in the CFBank Commercial Banking
Division.
Shanda Miller joined
CFBank on February 7th as SVP and
leader of CFBank's Treasury Management line of business across our
multi-market footprint. Shanda brings her innovative approach and
more than 20 years of banking experience encompassing both Treasury
Management & Commercial Lending. She is focused on executing a
go-to-market strategy providing tailored TM solutions to CF
customers and prospects by leveraging our recent TM platform
investment. Shanda is committed to boutique-level experience for
all CFBank clients.
Todd Fulton joined
CFBank on March 4th as the
Market Leader for our Central Ohio Commercial Bank. Todd brings
over 30 years of experience working with closely held businesses
and entrepreneurs. Additionally, Todd will focus on growing C&I
relationships in the middle-market space while building a team of
experienced Relationship Managers to significantly expand CFBank's
presence in the Central Ohio (HQ)
market. Todd is a growth-focused player-coach leader with a record
of proven success in building commercial relationships & high
performing Teams.
Joe Kirsch joined
CFBank on April 15th as
Market President for the Indianapolis region. Joe brings over 30 years
of experience doing business in the Indy market. Joe also brings to
CFBank a demonstrated track record of successfully building a
full-service Commercial & Retail Banking presence in
Central Indiana. Indianapolis is a promising market for CFBank,
given its strong economy and sharing similar business
characteristics with our Central
Ohio (Columbus) Market.
Tim O'Dell, CEO commented, "This
investment in 3 talented and experienced leadership additions to
our CFBank Team underscores our continuing commitment to providing
full service Commercial Banking solutions to closely held
businesses and business owners located throughout Ohio and in Indianapolis".
Brad Ringwald, CFBank President
added, "Our Boutique business model, combining customer
responsiveness and direct access to decision makers, which is
delivered through seasoned and experienced Commercial Bankers,
resonates with entrepreneurs and businesses."
About CF Bankshares Inc. and CFBank
CF Bankshares Inc. (the Company) is a holding company that owns
100% of the stock of CFBank, National Association (CFBank). CFBank
is a nationally chartered boutique Commercial bank operating
primarily in Four (4) Major Metro Markets: Columbus, Cleveland, and Cincinnati, Ohio, and Indianapolis, Indiana. The current Leadership
Team and Board recapitalized the Company and CFBank in 2012 during
the financial crisis, repositioning CFBank as a full-service
Commercial Bank model. Since the 2012 recapitalization, CFBank has
achieved a CAGR in excess of 20%.
CFBank focuses on serving the financial needs of closely held
businesses and entrepreneurs, by providing a comprehensive
Commercial, Retail, and Mortgage Lending services presence. In all
regional markets, CFBank provides commercial loans and equipment
leases, commercial and residential real estate loans and treasury
management depository services, residential mortgage lending, and
full-service commercial and retail banking services and products.
CFBank is differentiated by our penchant for individualized service
coupled with direct customer access to decision-makers, and ease of
doing business. CFBank matches the sophistication of much larger
banks, without the bureaucracy.
CFBank was named one of Piper
Sandler's "Bank & Thrift Sm-All Stars" for 2023. This
recognition places us among the top 10% of small-cap banks and
thrifts in the United States. In
addition, CFBank ranked #7 on American Banker's listing of Top 200
Publicly Traded Community Banks based on 3-year average return on
equity as of December 31, 2022.
Additional information about the Company and CFBank is available
at www.CF.Bank
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SOURCE CF Bankshares Inc.
