Central Federal Corporation (CFBK) insider have most recently took part in a trading activity. On Aug 23, 2017 Ash Thomas P, Director bought 100 shares having total worth of $218 at the price of $2.18 per share, following the transaction a total of 56,396 shares owned by Ash Thomas P. Before this latest buy, Ash Thomas P purchased CFBK at 2 other times during the past twelve months, for a total investment of $4,020 at an average of $2.01 per share.
The stock has experienced a total of 6 insider trades in the past three months. These trades include 6 buy trades. Furthermore, over the past 12 months , the stock was traded 16 times by insiders. an employee of the company was the buyer in 16 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Central Federal Corporation (CFBK) traded up 1.76% on Aug 23, 2017, hitting $2.2. 2,112 shares of the company’s stock traded hands. Central Federal Corporation has a 52 week low of $1.11 and a 52 week high of $3.1. The company’s market cap is $22 million.
Central Federal Corp was formerly known as Grand Central Financial Corp., was organized as a Delaware corporation in September 1998 as the holding company for CFBank in connection with CFBank’s conversion from a mutual to stock form of organization. CFBank is a community-oriented financial institution offering a variety of financial services to meet the needs of the communities its serve. The Company’s business model emphasizes personalized service, clients’ access to decision makers, solution-driven lending and quick execution, efficient use of technology and the convenience of online internet banking, mobile banking, remote deposit, corporate cash management and telephone banking. The Company’s attract retail and business deposits from the general public and use the deposits, together with borrowings and other funds, primarily to originate commercial and commercial real estate loans, single-family and multi-family residential mortgage loans and home equity lines of credit. The majority of its customers are small businesses, small business owners and consumers. Revenues are derived mainly from the generation of interest and fees on loans originated and, to a lesser extent, interest and dividends on securities. The Company’s main sources of funds are retail and business deposit accounts and certificates of deposit, brokered certificates of deposit and, to a lesser extent, principal and interest payments on loans and securities, Federal Home Loan Bank advances, other borrowings and proceeds from the sale of loans. The main market area for loans and deposits includes the following Ohio counties: Summit County through its office in Fairlawn, Ohio; Franklin County through office in Worthington, Ohio; and Columbiana County through offices in Calcutta and Wellsville, Ohio. The Company originates commercial and conventional real estate loans and business loans mainly throughout Ohio. The Company’s direct competition comes from a number of financial institutions operating in its market area, many with a statewide or regional presence, and in some cases, a national presence. Competition for loans and deposits comes from savings institutions, mortgage banking companies, commercial banks, credit unions, brokerage firms and insurance companies. The Company is subject to regulation, periodic examination, enforcement authority and oversight by the FED. CFBank, as a federally chartered savings institution, is subject to regulation, periodic examination, enforcement authority and oversight by the OCC extending to all aspects of CFBank’s operations.
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