 Central Federal Corporation NASDAQ: CFBK the Company, the parent of CFBank, today announced that John W. Helmsdoerfer, Executive Vice President and Chief Executive Officer of CFBank and Chief Financial Officer and Treasurer of the Company, will resign from the Company and CFBank for personal reasons effective July 8, 2020. In connection with his resignation, the Company, CFBank and Mr. Helmsdoerfer have entered into a Resignation and Release Agreement that provides, among other things, for certain severance payments and benefits in exchange for certain covenants and releases from Mr. Helmsdoerfer. Mr. Helmsdoerfer has agreed to assist the Company and CFBank to help transition his job responsibilities, both prior to and after his resignation. 