#United States #Columbus #CFBank #CF Bankshares #John Wilgus

CF Bankshares Inc. Welcomes John Wilgus as Senior Vice President

CF Bankshares Inc., known as the parent company of CFBank, recently announced a significant addition to their leadership team with the appointment of John Wilgus as Senior Vice President. This decision further bolsters the bank's capacity to offer specialized commercial and commercial real estate banking services.

John Wilgus is bringing an impressive wealth of experience to his new role, with over 32 years dedicated to commercial banking. His expertise lies particularly in commercial real estate lending and relationship management, areas he has excelled in throughout his career. Known for his ability to collaborate closely with closely held businesses, developers, and real estate owners, Wilgus has earned a solid reputation for crafting tailored financial solutions that foster enduring banking partnerships.

Before joining CF Bankshares, he served as Senior Vice President at First Financial Bank, where he was instrumental in cultivating commercial real estate relationships across Northern Ohio. This role allowed him to work alongside business owners and various internal teams to forge financing strategies that facilitated business growth and aligned with strategic long-term goals.

In addition to his recent experience, Wilgus has held various leadership positions across commercial banking and real estate sectors, accumulating substantial expertise in commercial lending, portfolio management, and fostering business development. His vast market knowledge and extensive background make him a respected figure within the Ohio commercial banking landscape.

Brad Ringwald, President of CFBank, expressed enthusiasm regarding Wilgus's appointment, stating, "We are excited to welcome John to the CFBank team. His deep experience in commercial real estate and relationship banking aligns perfectly with our boutique banking model and commitment to delivering personalized service to our clients."

Tim O'Dell, President and CEO of CF Bankshares, added, "John's addition reinforces our success with attracting experienced bankers who value relationships, local decision-making, and quality growth. We are pleased to have him join our team as we continue to scale our commercial banking presence."

About CF Bankshares Inc. and CFBank

CF Bankshares Inc. operates as a holding company for CFBank, a nationally chartered boutique commercial bank primarily serving five major metro markets: Columbus, Cleveland, Cincinnati, and Akron in Ohio, as well as Indianapolis, Indiana. The leadership team at CFBank successfully recapitalized the company in 2012 amidst the financial crisis, redefining CFBank as a full-service commercial bank. Since then, CFBank has experienced a compound annual growth rate (CAGR) of 20%.

CFBank focuses on servicing the financial needs of closely held businesses and entrepreneurs, offering a comprehensive suite of commercial, retail, and mortgage lending services. In all its regional markets, the bank provides various products, including commercial loans, equipment leases, residential real estate loans, and treasury management depository services. CFBank stands out for its commitment to individualized service and accessible decision-makers, ensuring a seamless banking experience without the bureaucracy often found in larger institutions.

For additional information about CF Bankshares Inc. and CFBank, please visit their website at www.CF.Bank.