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CFBank Names John J. Catalano As President – CFBank Machines Finance

WORTHINGTON, Ohio, Nov. 16, 2020 /PRNewswire/ — CF Bankshares Inc. (CFBK) (the “Business”) and its wholly-owned banking subsidiary, CFBank, N.A. (“CFBank”) are delighted to announce that John J. Catalano has joined as President of CF Bank Machines Finance.

(PRNewsfoto/CF Bankshares Inc.)

John will lead the gear finance and leasing line of organization, reporting right to the CEO and doing the job carefully with all regional business banking groups.  John has in excess of 30 several years of market encounter and has operated at a C-level with CBI Leasing, Inc. (fka The Vaughn Group, Inc.) and Bush Truck Leasing, Inc. with previously devices finance working experience at Key Lender.  John also has knowledge controlling and consulting to many economic support businesses as very well as serving 10 years in the US Army & Military Nationwide Guard.  

Based mostly in Cincinnati, John will be billed initially with constructing a center-industry and modest-ticket gear finance operation serving the products financing desires of commercial organizations regionally, as very well as providing customized and flexible solutions for the gear funding requires of present customers, together with opening doorways for new to us small business shoppers. 

Devices Financing is a organic extension of our Professional Banking products and services, to which we will bring to the desk our common way of executing enterprise, which brings together remaining both equally very responsive plus person-friendly. As a nationwide Commercial Financial institution, we consider the Machines Financing line of business enterprise has the likely to develop into a national platform, comparable to our Home finance loan Lending enterprise. &#13

Timothy O’Dell, President & CEO commented, “We are excited to welcome John Catalano to our CFBank Commercial Staff. John’s extensive track record and working experience with correctly building and rising Machines Funding firms will permit us to each improved provide the Gear Financing Requirements of our CFBank clients, together with opening the doorways for us to get started interactions with new Business and Business shoppers.”

CFBank is an Ohio centered boutique full services Business Financial institution, and nationwide Household home loan financial institution. CF has a presence in four (4) significant Ohio metro marketplaces including Cincinnati, Columbus, Cleveland and Akron, in addition to operating two (2) Community Bank locations in Eastern Ohio.

Further information on CFBank’s thriving expansion and expansion tale can be accessed by going to our internet site at www.CFBankOnline.com. CF Bankshares Inc. is publicly traded. NASDAQ ticker image: CFBK

About CF Bankshares Inc. and CFBank
CF Bankshares Inc. is the holding enterprise for CFBank, N.A. a national bank fashioned 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 delivers customized Organization Banking products and services such as Business loans and leases, Commercial and Household Actual Estate loans and Treasury Administration Depository services. Our goods and solutions are especially concentrated on serving the banking and funding desires of intently held firms, and our organization design emphasizes Individualized Provider, Shopper entry to determination makers, quick execution, and the benefit of On the internet Internet banking, Cellular Banking, Remote Deposit and Corporate Treasury management.

Cision See initial articles to down load multimedia:https://www.prnewswire.com/news-releases/cfbank-names-john-j-catalano-as-president–cfbank-products-finance-301173991.html&#13

Source CF Bankshares Inc.