Fairlawn, Ohio – Feb. 11, 2011 – Central Federal Corporation (Nasdaq: CFBK) announced today that its Board of Directors has named Eloise L. Mackus, previously interim Chief Executive Officer, to be permanent Chief Executive Officer of the Company and CFBank, effective immediately. Mackus, 61, who was named Interim CEO in May 2010, has more than 20 years of banking related experience. She joined the Company and CFBank in July 2003, and was previously Executive Vice President, General Counsel and Secretary. “Elly has shown the leadership needed to move the Company and the bank forward, carefully and strategically, and she has confirmed our belief in her ability to guide this organization and its experienced management team. CFBank is well able to execute on its mission and business plan and to provide financing to businesses and consumers in the communities we serve,” commented Jerry F. Whitmer, Chairman of the Board. Read more

Worthington, Ohio – July 6, 2010 – Peggy Tidwell, vice president and Columbus market manager at CFBank, recently received two awards from local organizations. The Rotary Club of Upper Arlington named Tidwell a 2010 Northwest Woman of the Year for her community leadership. She was also recognized with the Junior League of Columbus President’s Award.

“The best part about the Northwest Woman of the Year award,” says Tidwell, “is that Rotary makes a donation in my name.” Tidwell requested that the donation be split between the Fort Hill Christian Youth Camp and her church.

CFBank vice president and Columbus market manager Peggy Tidwell received a 2010 Northwest Woman of the Year award from Rotary and the President’s Award from the Junior League of Columbus.

Fairlawn, Ohio – June 9, 2010 – CFBank, a wholly owned subsidiary of Central Federal Corporation (NASDAQ:CFBK), announced today that it has hired Timothy R. Fitzwater, 62, former head of National City Bank’s northeast region, to direct CFBank’s commercial banking. Fitzwater will be responsible for all aspects of CFBank’s service to its business clients.

Eloise L. Mackus, Interim CEO of CFBank, said, “We are happy to welcome Tim as a member of the CFBank team. He is well respected as a banker and a person, and his extensive experience and stature in the community will enhance our ability to serve our business clients with personal, attentive service.”

Timothy Fitzwater is CFBank’s new head of commercial banking