Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.

On December 20, 2012, the Company issued a press release announcing the election of Edward W. Cochran as a director of Central Federal Corporation and CFBank effective December 19, 2012. A copy of the press release is included as Exhibit 99 to this report.

There was no arrangement or understanding between Mr. Cochran and any other persons pursuant to which Mr. Cochran was selected as a director. Mr. Cochran was appointed to the Audit Committee and Proxy and Stock Option Plan Committee of the Board of Directors.

In connection with the Company's registered public stock offering which was completed in August 2012, Mr. Cochran purchased 1,066,667 shares at $1.50 per share.

There are no material plans, contracts or arrangements (whether or not written) to which Mr. Cochran is a party or in which he participates requiring disclosure under this item.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99 Press release issued December 20, 2012

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