CFBank

CFBank is a nationally chartered boutique bank with over $2 billion in assets, serving closely-held businesses, entrepreneurs, and individuals across Ohio and Indiana through commercial, treasury, lending, mortgage, and personal banking products delivered via five branches and digital channels.

Company typePublic
Founded1892
HeadquartersWorthington, United States
Headcount51–100
GTM typeB2B and B2C
OfferingServices

What CFBank does

CFBank, N.A. (NASDAQ: CFBK) is a nationally chartered, full-service boutique bank headquartered in Columbus, Ohio, with branch offices in Cleveland, Cincinnati, Akron, and Indianapolis, serving closely-held businesses, entrepreneurs, and individuals across Ohio and Indiana. Founded in 1892, the bank holds over $2 billion in total assets and operates with a relationship-driven model anchored on dedicated commercial relationship managers and treasury management officers. Its product set spans commercial banking (deposits, credit cards, treasury management), commercial lending (general, equipment financing, SBA), business banking (checking, savings, lines of credit, remote deposit capture, cash and vault), and personal banking (checking, savings, mortgages, home equity lines of credit, DSCR loans, Zelle), delivered through branch, online, and mobile channels.

The bank generates revenue through two primary streams: net interest income from commercial and consumer lending offset by deposit costs, and noninterest income from treasury management, mortgage origination, SBA lending, and banking service fees. Q1 2026 results showed $5.0 million in net income ($0.77 per diluted share), 13% year-over-year; 15% annualized core commercial loan growth ($45 million); and 23% year-over-year noninterest income growth. Capitalization is strong at 11.76% Tier 1 Leverage and 10% ROE, with nonaccrual loans at 1.14% of the portfolio. The bank is publicly traded via parent CF Bankshares Inc., carries a Bauer Financial 5-Star Rating, and has been recognized on the American Banker Top 10 list for two consecutive years.

CFBank's strategic posture emphasizes boutique service differentiation against larger national competitors while opportunistically expanding its residential mortgage franchise as industry peers contract. Distribution is hybrid: five physical branches across Ohio and Indiana supplemented by online and mobile banking, a dedicated mortgage application portal (apply.cfbankonline.com), and third-party integrations (Zelle, commercial card management). No proprietary technology platform or AI capability is disclosed; operational infrastructure is standard community-bank systems with limited documented technology differentiation beyond customer service depth.

CFBank firmographics

Firmographics

Name: CFBank
Legal name: CFBank, N.A.
Website: https://cfbankonline.com
Company type: Public
Founded year: 1892
Operating status: Operating
Headcount range: 51–100 employees
Short description: CFBank is a nationally chartered boutique bank with over $2 billion in assets, serving closely-held businesses, entrepreneurs, and individuals across Ohio and Indiana through commercial, treasury, lending, mortgage, and personal banking products delivered via five branches and digital channels.
Ownership category
akta.pro rank

CFBank industry classification

Industry

Product category: Commercial Banking
NAICS: Commercial Banking (522110), Depository Credit Intermediation (5221), Credit Intermediation and Related Activities (522), Sales Financing (522220)
SIC: National Commercial Banks (6021), Mortgage Bankers & Loan Correspondents (6162)
akta.pro primary industry: Lending & Credit Disbursements (FSAMAKAH)
akta.pro secondary industry: Business / Corporate Credit Cards (FSAKABAF)

Keywords

Commercial banking services
Treasury management solutions
Residential mortgage lending
Business lending products
Personal banking services

Where CFBank is headquartered

Location

Headquarters

HQ city: Worthington
HQ country: United States
HQ region: North America

Offices5 records

Markets served

CFBank business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

Net Interest Income: Interest income generated from lending activities (commercial and consumer loans, mortgages, equipment financing) offset by interest paid on deposits. Core revenue driver for the bank.
Non-interest Income: Fee income from treasury management services, mortgage origination, SBA lending, online and mobile banking services, remote deposit capture, and other banking service fees. Q1 2026 noninterest income rose 23%.
Residential Mortgage Lending: Revenue generated from mortgage origination and lending operations, including conventional and government mortgages. The company is expanding this business to capture market share from competitors exiting the mortgage market.

Pricing tiers

Model	Billing	Price
Other	Pay-as-you-go	30-Year Fixed Rate Mortgage

Distribution channels4 records

Marketing channels4 records

CFBank product offering

Product offering

Core offering

CFBank is a nationally chartered full-service boutique bank headquartered in Columbus, Ohio, providing commercial and personal banking services. Its core offerings include business checking/savings, treasury management (payables, receivables, fraud prevention), commercial and SBA lending, equipment financing, business credit cards, residential mortgages and home equity lines of credit, online and mobile banking, Zelle payments, remote deposit capture, and cash/vault services, delivered through five branches across Ohio and Indiana and digital channels.

Product overview

CFBank operates as a nationally chartered full-service boutique bank headquartered in Columbus, Ohio, offering a unified platform of commercial and personal banking products. The product portfolio centers on Commercial Banking (with sub-services for deposits, credit cards, and relationship management), Treasury Management (including online banking, payable/receivable solutions, and fraud prevention), Commercial Lending (equipment financing, SBA loans), Business Banking (checking, savings, account analysis, loans), and Personal Banking (checking, savings, boutique banking, home loans, and mobile/online services). The bank positions itself as relationship-driven and boutique-style, emphasizing personalized service over commodity banking, with mortgage lending as a growing strategic focus. Products are delivered through physical branch locations and digital channels including online and mobile banking platforms.

Differentiator

Problem solved

Functional benefit

Products and services

Commercial Banking Full-service commercial banking offering deposits, liquidity management, business credit cards, and dedicated relationship managers for business clients.
Treasury Management Comprehensive treasury services including online banking, payable solutions, receivable solutions, and fraud prevention for commercial clients.
Commercial Lending Commercial loan products including general commercial lending, equipment financing, and SBA lending programs for businesses.
Business Banking Banking services for businesses including checking accounts, savings accounts, and account analysis services.
Business Loans Business loan offerings including SBA lending, lines of credit, and equipment financing.
Business Banking Services Operational banking services for businesses including online banking, mobile banking, remote deposit capture, non-profit banking, and cash/vault services.
Personal Banking Personal banking services including checking, savings, and boutique banking offerings for individual clients.
Personal Banking Services Personal banking operational services including online banking, mobile banking, Zelle peer-to-peer payments, and debit cards.
Home Loans Residential mortgage products including standard mortgages, home equity lines of credit, and debt service coverage ratio (DSCR) loans.
Mortgage Lending Platform Online mortgage application platform offering conventional and government mortgage products with rates as low as 6.125% APR for 30-year fixed home mortgages.
Boutique Banking Premium personalized banking service emphasizing a relationship-driven approach and dedicated service for personal clients.

Quantifiable outcome

Over $2 billion in Total Assets with strong capitalization
+6 more outcomes

Companies that use CFBank

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

CFBank technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

CFBank partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Community Housing NetworkminorOthersCommunity Housing Network is a long-time customer and community partner of CFBank since 2018. CFBank provides banking services and also supports the organization through philanthropic contributions and volunteer engagement. The relationship is described as a partnership in serving the mission of providing safe, stable, and affordable housing.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

CFBank competitors and assessment

Company assessment

Direct peers

Park National Corporation: Ohio-headquartered community bank holding company with a similar full-service commercial and personal banking franchise across Ohio and adjacent states. Both target entrepreneurs and closely-held businesses with relationship-driven, multi-product banking.
WesBanco, Inc. Multi-state community bank holding company operating branches across West Virginia, Ohio, Pennsylvania, and Indiana with a commercial banking and retail deposit franchise. Competes head-to-head with CFBank in Ohio and Indianapolis markets.
Lakeland Financial Corporation: Indiana-headquartered community bank (Lake City Bank) serving commercial and personal customers across northern Indiana. Closely comparable Midwestern boutique commercial bank with strong SMB and commercial lending orientation.
Heritage Financial Corporation: Pacific Northwest community bank with commercial and consumer banking lines. Comparable size and full-service community positioning, though operating in a different geography.
S&T Bancorp, Inc. Pennsylvania-based community bank holding company providing commercial, consumer, and treasury banking services in the Midwest and Mid-Atlantic. Similar full-service community bank model and lending mix.
Stock Yards Bancorp: Kentucky-based community bank holding company with personal, business, and wealth management lines. Mid-size regional footprint and commercial banking focus comparable to CFBank's boutique commercial model.
First Financial Bancorp: Ohio-based regional bank holding company providing commercial, treasury, and consumer banking to businesses and individuals across Ohio, Indiana, and Kentucky. Comparable community-banking franchise structure and SMB focus.
First Merchants Corporation: Indiana-based regional bank holding company offering commercial, personal, and wealth banking across the Midwest. Directly overlapping CFBank's Indianapolis and broader Midwest SMB commercial market.

Emerging players

Brex: Fintech offering business credit cards, treasury, and embedded financial services to SMBs and startups. Competes for the same digitally-engaged business customer base that CFBank targets in Columbus, Cleveland, and Cincinnati.

Broad incumbents

JPMorgan Chase (Commercial Banking segment): Largest U.S. commercial bank with a massive commercial banking franchise targeting SMB and middle-market clients. Sets the baseline competitive benchmark for pricing, technology, and scale that CFBank's boutique model competes against.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

CFBank compliance and trust

Trust signal

Compliance6 records

CFBank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CFBank leadership team

Management profile

Number of profiles

Profiles6 records

CFBank funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CFBank M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CFBank

What does CFBank do?

Is CFBank a public or private company?

CFBank is a public company. It is classified as public and is currently operating.

When was CFBank founded?

CFBank was founded in 1892. It employs 51 to 100 people.

Where is CFBank based?

CFBank is headquartered in Worthington, United States, in the North America region.

How does CFBank make money?

Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-interest Income and residential Mortgage Lending.

Who are CFBank's main competitors?

Direct peers on record are Park National Corporation, WesBanco, Inc., Lakeland Financial Corporation, Heritage Financial Corporation, S&T Bancorp, Inc., Stock Yards Bancorp, First Financial Bancorp and First Merchants Corporation. Brex is listed as an emerging player. JPMorgan Chase (Commercial Banking segment) is listed as a broad incumbent.

Does CFBank have an API?

No public API is recorded for CFBank.

What industry is CFBank in?

CFBank's product category is Commercial Banking. Its primary akta.pro industry code is FSAMAKAH, Lending & Credit Disbursements, with a secondary code of FSAKABAF, Business / Corporate Credit Cards. Its NAICS code is 522110 and its SIC code is 6021.