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CF Bankshares Inc. : Parent Of CFBank, NA, Announces Quarterly Cash Dividend.

CF Bankshares Inc. : Parent Of CFBank, NA, Announces Quarterly Cash Dividend.
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CF Bankshares Inc. Announces Stock Repurchase Program

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COLUMBUS, Ohio, Jan. 28, 2021 /PRNewswire/ CF Bankshares Inc. (NASDAQ: CFBK) (the Company ) the parent of CFBank, announced that the Board of Directors of CF Bankshares Inc. (the Company) authorized a new stock repurchase program pursuant to which the Company may repurchase up to 250,000 of the Company s outstanding common stock on or before February 27, 2022. Under the stock repurchase program, the Company may purchase shares of its common stock from time to time through various means, including open market transactions and privately negotiated transactions. Open market repurchases will be made in accordance with applicable securities laws and regulations, including Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the Exchange Act ), and may be effected pursuant to Rule 10b5-1 under the Exchange Act. The manner, timing and amount of any stock repurchases will be determined by the Company s management i ....

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CFBank And Consumers National Bank Enter Into Agreement For Consumers To Purchase CFBank's Two Columbiana County, Ohio Branches

CFBank And Consumers National Bank Enter Into Agreement For Consumers To Purchase CFBank s Two Columbiana County, Ohio Branches
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WORTHINGTON, Ohio and MINERVA, Ohio, Dec. 29, 2020 /PRNewswire/ CFBank, National Association ( CFBank ) and Consumers National Bank ( Consumers ) have announced the signing of a branch purchase and assumption agreement pursuant to which Consumers will acquire the Wellsville, Ohio drive-up branch and the Calcutta, Ohio branch of CFBank.
The purchase and assumption agreement provides for the transfer by CFBank to Consumers of the land, buildings and other associated assets of the two branches, approximately $100 million in deposits, and certain loans and other interest earning assets. In exchange, Consumers will pay to CFBank the net book value of the land, building and associated assets of the branches, the par value of the earning assets, and a deposit premium equal to 1.75% ....

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